Official Name: | The Republic of Azerbaijan |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Azarbaycan Respublikasi |
ISO Country Codes: | AZ : AZE |
Internet Domain: | .az |
Government Web Site: | https://president.az/ |
Capital: | Baku | Main Airports: | Heydar Aliyev International Airport |
Language(s): | Azerbaijani | Population: | 10,282,283 |
Currency: | Azerbaijani Manat | ISO Currency Code: | AZM |
Telephone Dial In: | +994 | ID Prefix: | 810 |
Government Website: | https://president.az/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/azerbaijan |
Central Bank: | Central Bank of the Republic of Azerbaijan |
Currency USD Exchange Rate: | 1.723 Azerbaijani manats (AZN) per US dollar(2017 est.) |
Unemployment Rate: | 5% (2017 est.) |
Population below poverty line: | 4.9% (2015 est.) |
Inflation Rate: | 2.6% (2019 est.) |
Prime Lending Rate: | 17.30% (2019 - World Bank) |
GDP: | $48.104 billion (2019 est.) |
GDP Pro Capita (PPP): | $14,404 (2019 est.) |
Currency Name: | Azerbaijani Manat |
Currency Code: | AZM |
World Bank Classification: | Upper Middle Income |
GDP Composition:
Agriculture: | 7.2% | fruit, vegetables, grain, rice, grapes, tea, cotton, tobacco; cattle, pigs, sheep, goats |
Industry: | 49.6% | petroleum and petroleum products, natural gas, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles |
Services: | 43.3% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Azerbaijani; Russian |
Customs & Excise: | Azərbaycan Respublikası Dövlət Gömrük Komitəsi |
Development Bank(s): | Asian Development Bank; Asian Infrastructure Investment Bank; The International Bank of Azerbaijan; The Black Sea Trade and Development Bank; Islamic Development Bank; The European Bank for Reconstruction and Development; |
National Standards Bureau: | Azerbaijan Standardization İnstitute |
Competitive Ind’l Performance: 58/141 (2019) | Corruption Perceptions Index: 129/180 (2020) |
Ease of Doing Business: 34/190 (2019) | Enabling Trade Index: 71/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
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Investment & Export Promotion Agency: Azerbaijan Export and Investment Promotion Foundation ;
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