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Home >> World Economy>>Azerbaijan Economy

Azerbaijan Economy

Economic Indicators Economic Structure Of Azerbaijan Export & Import Insurance Mortgage Stock
 

Azerbaijan is a lower middle-income country comes under the Europe and Central Asian region, according to the classification made by the World Bank on the basis of Region and Income for the year 2006.


The country has a total surface area of 86,600 square kilometer as of the year 2004 with a forest area of 9,360.0 square kilometer as in 2000.

The socio economic indicators of the country are as follows:

Social Indicators:

  2000 2003 2004
Population, total 8.0 million 8.2 million 8.3 million
Population growth (annual %) 0.8 0.8 0.9
Life expectancy at birth, total (years) 71.8 72.2 72.3
Fertility rate, total (births per woman) 2.1 2.1 2.0
Mortality rate, infant (per 1,000 live births) 77.0 .. 74.6
Mortality rate, under-5 (per 1,000) 93.0 .. 89.8


Economic Indicators:

  2000 2003 2004
GNI, Atlas method (current US$) 4.9 billion

6.8 billion

7.8 billion

GNI per capita, Atlas method (current US$)

610.0

820.0

940.0

GDP (current US$)

5.3 billion

7.3 billion

8.5 billion

GDP growth (annual %)

11.1

11.2

10.2

Inflation, GDP deflator (annual %)

12.5

6.0

6.4