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Economy of Azerbaijan. Statistics, Data and Indicators

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


Azerbaijan Major Economic Indicators

Indicator Data Period
GDP Value 57 USD Billion 2019
GDP Annual Growth Rate 2.5 % 3Q/19
GDP per capita 5769 USD 2018
Inflation Rate YoY 2.8 % Feb/20
Interest Rate 7.25 % Mar/20
Unemployment Rate 5.2 % 2018
Wages 712 AZN/Month | 418.824 USD/Month Jan/20
Balance of Trade 2008165 USD Thousand | 2.008 B USD 3Q/19
Current Account 941 USD Million | 0.941 B USD 3Q/19
Foreign Exchange Reserves 6183 USD Million | 6.183 B USD Nov/19


GDP
vvp
57
USD Billion
#91 from 174 countries
GDP per capita
vvp
5769
USD
#88 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 57 USD Billion 2019
GDP Annual Growth Rate 2.5 % 3Q/19
GDP per capita 5769 USD 2018
Gross National Product 75956 AZN Million | 44.68 B USD 2018
GDP Constant Prices 12578 AZN Million | 7.399 B USD Feb/20
GDP per capita PPP 16011 USD 2018
GDP From Agriculture  742 AZN Million | 0.436 B USD 3Q/19
GDP From Construction  751 AZN Million | 0.442 B USD 3Q/19
GDP From Manufacturing  368 AZN Million | 0.216 B USD 3Q/19
GDP From Mining  2425 AZN Million | 1.426 B USD 2Q/19
GDP From Public Administration  197 AZN Million | 0.116 B USD 3Q/19
GDP From Services  618 AZN Million | 0.364 B USD 3Q/19
GDP From Transport  1066 AZN Million | 0.627 B USD 3Q/19
GDP From Utilities  30.6 AZN Million | 0.018 B USD 3Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2018
Government Budget Value 283 AZN Million | 0.166 USD Billion Feb/20
Government Spending 2252 AZN Million | 1.325 USD Billion 3Q/19
Government Revenues 3613 AZN Million | 2.125 USD Billion Feb/20
Fiscal Expenditure  3330 AZN Million | 1.959 B USD Feb/20
Government Budget to GDP -0.4 % 2018
Government Spending to GDP 28.5 % 2018
Military Expenditure 1624 USD Million | 1.624 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 165 index points Feb/20
Export Prices 127 index points 2017
Food Inflation 4.9 % Feb/20
Gasoline Prices 0.53 USD/Liter Mar/20
GDP Deflator 99.1 index points Nov/19
Import Prices 123 index points 2017
Inflation Rate YoY 2.8 % Feb/20
Producer Prices 96.2 index points Jan/20
Inflation Rate Mom 0.7 % Feb/20
Producer Prices Change  10.9 % Jan/20


Trade Indicators

Indicator Data Period
Current Account to GDP 7.9 % 2018
Balance of Trade 2008165 USD Thousand | 2.008 USD Billion 3Q/19
Capital Flows 397 USD Million | 0.397 USD Billion 3Q/19
Current Account 941 USD Million | 0.941 USD Billion 3Q/19
Exports 5085411 USD Thousand | 5.085 USD Billion 3Q/19
External Debt 16212184 USD Thousand | 16.212 B USD 2018
Foreign Exchange Reserves 6183 USD Million | 6.183 USD Billion Nov/19
Imports 3077247 USD Thousand | 3.077 USD Billion 3Q/19
Tourist Arrivals 12777 Persons | 0.013 Million Persons 2018


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 2Q/19
Interest Rate 7.25 % Mar/20
Money Supply M0 9267 AZN Million | 5.451 USD Billion Jan/20
Money Supply M1 13918 AZN Million | 8.187 USD Billion Nov/19
Money Supply M2 17946 AZN Million | 10.556 USD Billion Jan/20
Money Supply M3 26742 AZN Million | 15.731 USD Billion Nov/19
Deposit Interest Rate 10.28 % 2018
Foreign Direct Investment 915 USD Million | 0.915 B USD 2Q/19


Labor Indicators

Indicator Data Period
Minimum Wages 143 AZN/Month | 84.118 USD/Month 2019
Retirement Age Men 63.5 2018
Retirement Age Women 60.5 2018
Unemployment Rate 5.2 % 2018
Wages 712 AZN/Month | 418.824 USD/Month Jan/20
Employed Persons 4879 Thousand Person | 4.879 Million Person 2018
Living Wage Family 940 AZN/Month | 552.941 USD/Month 2018
Living Wage Individual 865 AZN/Month | 508.824 USD/Month 2018
Unemployed Persons 254 Thousand Persons | 0.254 Million Persons 2018
Wages High Skilled 666 AZN/Month | 391.765 USD/Month 2018
Wages in Manufacturing 554 AZN/Month | 325.882 USD/Month 2018
Wages Low Skilled  341 AZN/Month | 200.588 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 778 BBL/D/1K Dec/19
Industrial Production 1.8 % 2019
Mining Production 0.4 % Dec/19


Business Indicators

Indicator Data Period
Corruption Index 30 index points 2019
Corruption Rank 126 place 2019
Ease of Doing Business 34 place 2019
Manufacturing Production 8 % 2018
Competitiveness Index 62.72 Index Points 2019
Competitiveness Rank 58 2019
Leading Economic Index  2.8 % Feb/20


Consumer Indicators

Indicator Data Period
Retail Sales YoY 3 % 2018
Consumer Spending 12278 AZN Million | 7.222 USD Billion 3Q/19
Disposable Personal Income 53689 AZN Million | 31.582 B USD 2018


Gold Reserves
gold_reserve_icon
0
Tonnes
#114 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.183
USD Billion
#80 from 114 countries


Government Budget Value
balance_icon
0.166
USD Billion
#28 from 113 countries
Inflation Rate
inflation_icon
2.8
%
#77 from 174 countries


Interest Rate
discount_rate_icon
7.25
%
#38 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
5.2
%
#103 from 171 countries
Wages
salary_icon
418.824
USD/Month
#71 from 82 countries


Retirement Age
man_icon
woman_icon
63.5
60.5
men
women
Taxes
company_icon
private_icon
20%
25%
company profits
income of individuals