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Economy of Azerbaijan. Statistics, Data and Indicators

flag
Azerbaijan
55BB+ Credit rank #54
N/A Quality of life #
129 Corruption rank#142
34 Ease of doing business#25
Azerbaijan


Azerbaijan Major Economic Indicators

Indicator Data Period
GDP Value 48.05 USD Billion 2019
GDP Annual Growth Rate -12.35 % 4Q/20
GDP per capita 5880 USD 2019
Inflation Rate YoY 3.9 % Mar/21
Interest Rate 6.25 % Mar/21
Unemployment Rate 4.8 % 2019
Wages 691 AZN/Month | 406.471 USD/Month Jan/21
Balance of Trade 167957 USD Thousand | 0.168 B USD 4Q/20
Current Account -20 USD Million | -0.02 B USD 4Q/20
Foreign Exchange Reserves 6369 USD Million | 6.369 B USD Dec/20


GDP
vvp
48.05
USD Billion
#91 from 174 countries
GDP per capita
vvp
5880
USD
#88 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 48.05 USD Billion 2019
GDP Annual Growth Rate -12.35 % 4Q/20
GDP per capita 5880 USD 2019
Gross National Product 78178 AZN Million | 45.987 B USD 2019
GDP Constant Prices 12019 AZN Million | 7.07 B USD Feb/21
GDP per capita PPP 14404 USD 2019
GDP From Agriculture  410 AZN Million | 0.241 B USD 4Q/20
GDP From Construction  854 AZN Million | 0.502 B USD 4Q/20
GDP From Manufacturing  476 AZN Million | 0.28 B USD 4Q/20
GDP From Mining  3598 AZN Million | 2.116 B USD 4Q/20
GDP From Public Administration  164 AZN Million | 0.096 B USD 4Q/20
GDP From Services  755 AZN Million | 0.444 B USD 4Q/20
GDP From Transport  1070 AZN Million | 0.629 B USD 4Q/20
GDP From Utilities  37.9 AZN Million | 0.022 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 20.1 % 2020
Government Budget Value 560 AZN Million | 0.329 USD Billion Feb/21
Government Spending 2749 AZN Million | 1.617 USD Billion 3Q/20
Government Revenues 4029 AZN Million | 2.37 USD Billion Feb/21
Fiscal Expenditure  3470 AZN Million | 2.041 B USD Feb/21
Government Budget to GDP -2.4 % 2020
Government Spending to GDP 36.5 % 2020
Military Expenditure 1804 USD Million | 1.804 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 172 index points Feb/21
Export Prices 127 index points 2017
Food Inflation 4.8 % Mar/21
Gasoline Prices 0.59 USD/Liter Mar/21
GDP Deflator 99.3 index points Feb/21
Import Prices 128 index points 2020
Inflation Rate YoY 3.9 % Mar/21
Producer Prices 10.9 index points Feb/21
Inflation Rate Mom 0.9 % Mar/21
Producer Prices Change  -6.6 % Jan/21


Trade Indicators

Indicator Data Period
Current Account to GDP -0.5 % 2020
Balance of Trade 167957 USD Thousand | 0.168 USD Billion 4Q/20
Capital Flows 296 USD Million | 0.296 USD Billion 4Q/20
Current Account -20 USD Million | -0.02 USD Billion 4Q/20
Exports 2825030 USD Thousand | 2.825 USD Billion 4Q/20
External Debt 15840363 USD Thousand | 15.84 B USD 2019
Foreign Exchange Reserves 6369 USD Million | 6.369 USD Billion Dec/20
Imports 2657073 USD Thousand | 2.657 USD Billion 4Q/20
Tourist Arrivals 30950 Persons | 0.031 Million Persons 2019


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 4Q/20
Interest Rate 6.25 % Mar/21
Money Supply M0 10458 AZN Million | 6.152 USD Billion Feb/21
Money Supply M1 16989 AZN Million | 9.994 USD Billion Feb/21
Money Supply M2 19588 AZN Million | 11.522 USD Billion Feb/21
Money Supply M3 28578 AZN Million | 16.811 USD Billion Feb/21
Deposit Interest Rate 9.69 % 2019
Foreign Direct Investment 1136 USD Million | 1.136 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 250 AZN/Month | 147.059 USD/Month 2020
Retirement Age Men 65 2020
Retirement Age Women 62 2020
Unemployment Rate 4.8 % 2019
Wages 691 AZN/Month | 406.471 USD/Month Jan/21
Employed Persons 4938 Thousand Person | 4.938 Million Person 2019
Living Wage Family 940 AZN/Month | 552.941 USD/Month 2018
Living Wage Individual 865 AZN/Month | 508.824 USD/Month 2018
Unemployed Persons 252 Thousand Persons | 0.252 Million Persons 2019
Wages High Skilled 666 AZN/Month | 391.765 USD/Month 2018
Wages in Manufacturing 632 AZN/Month | 371.765 USD/Month 2019
Wages Low Skilled  341 AZN/Month | 200.588 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 684 BBL/D/1K Dec/20
Industrial Production -3.4 % 2021
Mining Production -4.8 % Jan/21


Business Indicators

Indicator Data Period
Corruption Index 30 index points 2020
Corruption Rank 129 place 2020
Ease of Doing Business 34 place 2019
Manufacturing Production 11.6 % 2019
Competitiveness Index 62.72 Index Points 2019
Competitiveness Rank 58 2019
Leading Economic Index  -1.3 % Mar/21


Consumer Indicators

Indicator Data Period
Retail Sales YoY -1.3 % 2021
Consumer Spending 11019 AZN Million | 6.482 USD Billion 3Q/20
Disposable Personal Income 57035 AZN Million | 33.55 B USD 2019


Gold Reserves
gold_reserve_icon
0
Tonnes
#114 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.369
USD Billion
#80 from 114 countries


Government Budget Value
balance_icon
0.329
USD Billion
#28 from 113 countries
Inflation Rate
inflation_icon
3.9
%
#77 from 174 countries


Interest Rate
discount_rate_icon
6.25
%
#38 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
4.8
%
#103 from 171 countries
Wages
salary_icon
406.471
USD/Month
#71 from 82 countries


Retirement Age
man_icon
woman_icon
65
62
men
women
Taxes
company_icon
private_icon
20%
25%
company profits
income of individuals