Azerbaijan

Azerbaijan : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$10.17 billion (2011 est.)
$6.746 billion (2010 est.)

Exports

$34.49 billion (2011 est.)
$26.48 billion (2010 est.)

Inflation rate (consumer prices)

8.1% (2011 est.)
5.7% (2010 est.)

Unemployment rate

1% (2011 est.)
1% (2010 est.)

GDP - per capita (PPP)

$10,300 (2011 est.)
$10,400 (2010 est.)
$10,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.7% (2010 est.)
9.3% (2009 est.)
10.8% (2008 est.)

Internet users

2.42 million (2009)

Telephones - mobile cellular

9.1 million (2009)

Population growth rate

1.017% (2012 est.)

Population

9,493,600 (July 2012 est.)

Historical background

Azerbaijan - a nation with a majority-Turkic and majority-shia Muslim population - was briefly independent (from 1918 to 1920) following the collapse of the Russian Empire; it was subsequently incorporated into the Soviet Union for seven decades.

Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over Nagorno-Karabakh, a primarily Armenian-populated region that Moscow recognized as part of Soviet Azerbaijan in the 1920s after Armenia and Azerbaijan disputed the status of the territory.

Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991.

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Azerbaijan

Economic overview

Azerbaijan's high economic growth during 2006-08 was attributable to large and growing oil exports, but some non-export sectors also featured double-digit growth, spurred by growth in the construction, banking, and real estate sectors.

In 2009, economic growth remained above 9% even as oil prices moderated and growth in the construction sector cooled.

In 2010, economic growth slowed to approximately 3.

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The Economist Intelligence Unit

Country Forecast Azerbaijan December 2014 Updater

Country Forecast Azerbaijan December 2014 Updater

  • $ 635
  • Country report
  • December 2014
  • by The Economist Intelligence Unit

The president, Ilham Aliyev, will face a more challenging third term, as slower economic growth will increase the pressure for economic reform and raise the risk of social unrest.Tensions with Armenia ...

  • Countries : Azerbaijan

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Dun and Bradstreet (Altares)

D&B Country Insight Report: Azerbaijan

D&B Country Insight Report: Azerbaijan

  • $ 650
  • Country report
  • October 2014
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country's overall political, ...

  • Countries : Azerbaijan

Oxford Economics

Country Economic Forecasts > Azerbaijan

Country Economic Forecasts > Azerbaijan

  • $ 185
  • Country report
  • November 2014
  • by Oxford Economics

GDP grew by 2.5% in the first nine months of 2014, with the non-oil sector up by 5.9%. This implies that growth accelerated a little in Q3, to 3.3% from 2.1% in H1, but the pick-up was entirely due to ...

  • Countries : Azerbaijan

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