Azerbaijan Economic Statistics and Indicators

13, Nov 2018, EST. Welcome to the Azerbaijan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Azerbaijan › Change country
National or Regional Currency: Azerbaijani Manat, AZM
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 9,686,210 (July 2014 est.)
Area: total: 86,600 sq km ; land: 82,629 sq km ; water: 3,971 sq km ; note: includes the exclave of Naxcivan Autonomous Republic and the Nagorno-Karabakh region; the region's autonomy was abolished by Azerbaijani Supreme Soviet on 26 November 1991
Natural Resources: petroleum, natural gas, iron ore, nonferrous metals, bauxite
Capital: name: Baku (Baki, Baky) ; geographic coordinates: 40 23 N, 49 52 E ; time difference: UTC+4 (9 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Azerbaijan's high economic growth has been attributable to large and growing oil and gas exports, but some non-export sectors also featured double-digit growth, including construction, banking, and real estate. Oil exports through the Baku-Tbilisi-Ceyhan Pipeline, the Baku-Novorossiysk, and the Baku-Supsa pipelines remain the main economic driver, but efforts to boost Azerbaijan's gas production are underway. The eventual completion of the geopolitically important Southern Gas Corridor between Azerbaijan and Europe will open up another, albeit, smaller source of revenue from gas exports. Azerbaijan has made only limited progress on instituting market-based economic reforms. Pervasive public and private sector corruption and structural economic inefficiencies remain a drag on long-term growth, particularly in non-energy sectors. Several other obstacles impede Azerbaijan's economic progress, including the need for stepped up foreign investment in the non-energy sector and the continuing conflict with Armenia over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects depend on world oil prices, Azerbaijan's ability to negotiate export routes for its growing gas production, and its ability to use its energy wealth to promote growth and spur employment in non-energy sectors of the economy.
More on the Azerbaijan Economy
More on the Azerbaijan Export, Import and Trade

Economic Indicator Listing
  For Azerbaijan in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.1 %
GDP (Current Prices, National Currency)AZM 54.352 Billion.
GDP (Current Prices, US Dollars)US$ 54.048 Billion
GDP Deflator 227.214 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)AZM 2,540.20 .
GDP Per Capita (Current Prices, National Currency)AZM 5,771.68 .
GDP Per Capita (Current Prices, US Dollars)US$ 5,739.43
GDP (PPP), US DollarsUS$ 169.445 Billion
GDP Per Capita (PPP), US DollarsUS$ 17,993.43
GDP Share of World Total (PPP) 0.149 %
Implied PPP Conversion Rate 0.321
Investment (% of GDP) 26.367 %
Gross National Savings (% of GDP) 26.597 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 276.345 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 4.04 %
Inflation, End of Year (Indexed to Year 2000) 248.79 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 7.59 %
Import Volume of All Items Including Goods and Services (Percent Change) -2.595 %
Import Volumes of Goods Only (Percent Change) 18.202 %
Export Volume of All Items Including Goods and Services (Percent Change) 7.434 %
Export Volumes of Goods Only (Percent Change) 5.421 %
Unemployment Rate (% of Labour Force) 6.048 %
Population 9.417 Million
General government revenue (National Currency)AZM 19.096 Billions.
General government revenue (% of GDP) 35.134 %
General government total expenditure (National Currency)AZM 20.949 Billions.
General government total expenditure (% of GDP) 38.544 %
Total Government Net Lending/ Borrowing (National Currency)AZM -1.853 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.41 %
Fiscal Year Gross Domestic Product, Current PricesAZM 54.352 Billions.
Current Account Balance (US Dollars)US$ 0.125 Billion
Current Account Balance (% GDP) 0.23 %
Economic Indicators for Azerbaijan 2015

GDP (Constant Prices, National Currency) for Azerbaijan in year 2015 is AZM 23.921 Billion.

GDP Growth (Constant Prices, National Currency) for Azerbaijan in year 2015 is 1.1 %.

GDP (Current Prices, National Currency) for Azerbaijan in year 2015 is AZM 54.352 Billion.

GDP (Current Prices, US Dollars) for Azerbaijan in year 2015 is US$ 54.048 Billion.

GDP Deflator for Azerbaijan in year 2015 is 227.214 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Azerbaijan in year 2015 is AZM 2,540.20 .

GDP Per Capita (Current Prices, National Currency) for Azerbaijan in year 2015 is AZM 5,771.68 .

GDP Per Capita (Current Prices, US Dollars) for Azerbaijan in year 2015 is US$ 5,739.43 .

GDP (PPP), US Dollars for Azerbaijan in year 2015 is US$ 169.445 Billion.

GDP Per Capita (PPP), US Dollars for Azerbaijan in year 2015 is US$ 17,993.43 .

GDP Share of World Total (PPP) for Azerbaijan in year 2015 is 0.149 %.

Implied PPP Conversion Rate for Azerbaijan in year 2015 is 0.321 .

Investment (% of GDP) for Azerbaijan in year 2015 is 26.367 %.

Gross National Savings (% of GDP) for Azerbaijan in year 2015 is 26.597 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Azerbaijan in year 2015 is 276.345 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Azerbaijan in year 2015 is 4.04 %.

Inflation, End of Year (Indexed to Year 2000) for Azerbaijan in year 2015 is 248.79 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Azerbaijan in year 2015 is 7.59 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Azerbaijan in year 2015 is -2.595 %.

Import Volumes of Goods Only (Percent Change) for Azerbaijan in year 2015 is 18.202 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Azerbaijan in year 2015 is 7.434 %.

Export Volumes of Goods Only (Percent Change) for Azerbaijan in year 2015 is 5.421 %.

Unemployment Rate (% of Labour Force) for Azerbaijan in year 2015 is 6.048 %.

Population for Azerbaijan in year 2015 is 9.417 Million .

General government revenue (National Currency) for Azerbaijan in year 2015 is AZM 19.096 Billions.

General government revenue (% of GDP) for Azerbaijan in year 2015 is 35.134 %.

General government total expenditure (National Currency) for Azerbaijan in year 2015 is AZM 20.949 Billions.

General government total expenditure (% of GDP) for Azerbaijan in year 2015 is 38.544 %.

Total Government Net Lending/ Borrowing (National Currency) for Azerbaijan in year 2015 is AZM -1.853 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Azerbaijan in year 2015 is -3.41 %.

Fiscal Year Gross Domestic Product, Current Prices for Azerbaijan in year 2015 is AZM 54.352 Billions.

Current Account Balance (US Dollars) for Azerbaijan in year 2015 is US$ 0.125 Billion.

Current Account Balance (% GDP) for Azerbaijan in year 2015 is 0.23 %.

* Source: IMF
Aggregate Indicators for Azerbaijan
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Azerbaijan
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Azerbaijan
  Natural Resources, Agricultural Products, Land Use and Water Use for Azerbaijan
  Nationality, Ethnic Groups, Languages and Religions for Azerbaijan
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Azerbaijan
  Age Structure, Median Age, Gender and Urbanization for Azerbaijan
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Azerbaijan
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Azerbaijan
  HIV, AIDS and Other Major Infectious Disease Rates for Azerbaijan
  Literacy Rate, Educational Expenditure and School Life Expectancy for Azerbaijan
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Azerbaijan
  Industries and Industrial Growth Production Rate for Azerbaijan
  Labor Force by Occupation for Azerbaijan
  Poverty Line, Gini Index, Household Income and Consumption for Azerbaijan
  National Budget and Public Debt for Azerbaijan
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Azerbaijan
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Azerbaijan
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Azerbaijan
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Azerbaijan
  Foreign Exchange Reserves and Gold Reserves for Azerbaijan
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Azerbaijan
  Exchange Rate Statistics for Azerbaijan
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Azerbaijan
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Azerbaijan
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Azerbaijan
  Television and Radio Statistics (TV Stats, Radio Stats) for Azerbaijan
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Azerbaijan
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Azerbaijan
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Azerbaijan
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Azerbaijan
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Azerbaijan
* Source: CIA
Internet Indicators for Azerbaijan
Indicators
  Number of Internet Users for Azerbaijan
  Internet Penetration Rate for Azerbaijan
  Number of Facebook Accounts for Azerbaijan
  Facebook Penetration Rate for Azerbaijan
* Source: IWS
Economic Freedom Indicators for Azerbaijan
Indicators
  Economic Freedom World Rank for Azerbaijan
  Government Spending for Azerbaijan
  Monetary Freedom for Azerbaijan
  Investment Freedom for Azerbaijan
  Financial Freedom for Azerbaijan
  Property Rights for Azerbaijan
  Economic Freedom Regional Ranking for Azerbaijan
  Freedom from Corruption for Azerbaijan
  Labor Freedom for Azerbaijan
  Tariff Rate for Azerbaijan
  Income Tax Rate for Azerbaijan
  Corporate Tax Rate for Azerbaijan
  Tax Burden % of GDP for Azerbaijan
  Government Expenditure % of GDP for Azerbaijan
  Business Freedom for Azerbaijan
  Trade Freedom for Azerbaijan
  Fiscal Freedom for Azerbaijan
  2016 Score for Azerbaijan
* Source: HFO
Azerbaijan Economic Indicators in other Years
  Azerbaijan Economic Indicators for Year 2021 (Forecast)
  Azerbaijan Economic Indicators for Year 2020 (Forecast)
  Azerbaijan Economic Indicators for Year 2019 (Forecast)
  Azerbaijan Economic Indicators for Year 2018 (Forecast)
  Azerbaijan Economic Indicators for Year 2017 (Forecast)
  Azerbaijan Economic Indicators for Year 2016 (Forecast)
Azerbaijan Economic Indicators for Year 2015 (Current)
  Azerbaijan Economic Indicators for Year 2014
  Azerbaijan Economic Indicators for Year 2013
  Azerbaijan Economic Indicators for Year 2012
  Azerbaijan Economic Indicators for Year 2011
  Azerbaijan Economic Indicators for Year 2010
  Azerbaijan Economic Indicators for Year 2009
  Azerbaijan Economic Indicators for Year 2008
  Azerbaijan Economic Indicators for Year 2007
  Azerbaijan Economic Indicators for Year 2006
  Azerbaijan Economic Indicators for Year 2005
  Azerbaijan Economic Indicators for Year 2004
  Azerbaijan Economic Indicators for Year 2003
  Azerbaijan Economic Indicators for Year 2002
  Azerbaijan Economic Indicators for Year 2001
  Azerbaijan Economic Indicators for Year 2000
  Azerbaijan Economic Indicators for Year 1999
  Azerbaijan Economic Indicators for Year 1998
  Azerbaijan Economic Indicators for Year 1997
  Azerbaijan Economic Indicators for Year 1996
  Azerbaijan Economic Indicators for Year 1995
  Azerbaijan Economic Indicators for Year 1994
  Azerbaijan Economic Indicators for Year 1993
  Azerbaijan Economic Indicators for Year 1992
  Azerbaijan Economic Indicators for Year 1991
  Azerbaijan Economic Indicators for Year 1990
  Azerbaijan Economic Indicators for Year 1989
  Azerbaijan Economic Indicators for Year 1988
  Azerbaijan Economic Indicators for Year 1987
  Azerbaijan Economic Indicators for Year 1986
  Azerbaijan Economic Indicators for Year 1985
  Azerbaijan Economic Indicators for Year 1984
  Azerbaijan Economic Indicators for Year 1983
  Azerbaijan Economic Indicators for Year 1982
  Azerbaijan Economic Indicators for Year 1981
  Azerbaijan Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International