Bank Of Baku

Azerbaijan foresees steady growth in ICT GDP

Azerbaijan foresees steady growth in ICT GDP
# 02 November 2009 16:36 (UTC +04:00)
Baku. Aynur Veliyeva - APA-ECONOMICS. The share of telecommunication sector is expected to reach 2.61% of GDP in 2009, said Azerbaijan’s Cabinet of Ministers.

The share of telecommunication sector in value terms will amount to AZN 800.8 million of GDP, up 13% from a year ago.

According to government forecasts, the share of telecommunication sector in GDP will reach AZN 937.1 million in 2010, AZN 1 105.6 million in 2011, AZN 1 315.7 million in 2012, and AZN 1 578.8 million in 2013.

The share of telecommunication sector in GDP will be 17% in 2010, 18% in 2011, 19% in 2012 and 20% in 2013.
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