Population spends most of all money in this district of Baku

16:35 - 22.02.2024


February 22, Fineko/abc.az. The retail trade turnover in Azerbaijan in 2023 amounted to 59 bn manats. In other words, last year country's population spent 59 bn manats on food, beverages and tobacco products, as well as non-food products.

ABC.AZ reports that expert economist Khalid Kerimli says that about 60% of these expenses, that is, 35.6 bn manats, accounted for Baku.

The Baku City Statistical Office also named the districts where the most of all money is spent on trade. Judging by the figures, Baku residents spent the most money in Nasimi district. In other words, the greatest income from trade was in these districts.

Last year, residents of the capital spent 20.695 bn manats on food, beverages and tobacco products, and 14.877 bn manats on non-food products.

99.8% of the products sold in the capital were sold by the private sector.

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