Annual growth rates of the sphere of information and information technology was 20%-25% over the last 10 years.
The statement came from Communications and Information Technology Minister of Azerbaijan Ali Abbasov in his interview with official website of the ruling New Azerbaijan Party.
This sphere expanded every three years with its volume growing more than six times exceeding $2bn, the minister said.
“In addition, the share of the income from private sector increased from 67.4% up to 80%,” Abbasov added.
A total of $2.5bn has been invested in ICT sector of Azerbaijan over 10 years, the minister noted.