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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 48.05 USD Billion 2019
GDP Annual Growth Rate 2.2 % 4Q/19
GDP per capita 5880 USD 2019
Inflation Rate YoY 2.9 % Aug/20
Interest Rate 6.5 % Sep/20
Unemployment Rate 4.8 % 2019
Wages 720 AZN/Month | 423.529 USD/Month Jun/20
Balance of Trade 1873068 USD Thousand | 1.873 B USD 1Q/20
Current Account 646 USD Million | 0.646 B USD 1Q/20
Foreign Exchange Reserves 6394 USD Million | 6.394 B USD Mar/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 2.2 % 4Q/19
GDP per capita 5880 USD 2019
Gross National Product 75956 AZN Million | 44.68 B USD 2018
GDP Constant Prices 40008 AZN Million | 23.534 B USD Jul/20
GDP per capita PPP 14404 USD 2019
GDP From Agriculture  182 AZN Million | 0.107 B USD 1Q/20
GDP From Construction  250 AZN Million | 0.147 B USD 1Q/20
GDP From Manufacturing  356 AZN Million | 0.209 B USD 1Q/20
GDP From Mining  2402 AZN Million | 1.413 B USD 1Q/20
GDP From Public Administration  158 AZN Million | 0.093 B USD 1Q/20
GDP From Services  540 AZN Million | 0.318 B USD 1Q/20
GDP From Transport  809 AZN Million | 0.476 B USD 1Q/20
GDP From Utilities  36.8 AZN Million | 0.022 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2018
Government Budget Value 182 AZN Million | 0.107 USD Billion Jul/20
Government Spending 1901 AZN Million | 1.118 USD Billion 1Q/20
Government Revenues 13960 AZN Million | 8.212 USD Billion Jul/20
Fiscal Expenditure  14143 AZN Million | 8.319 B USD Jul/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 Jul/20
Export Prices 127 index points 2017
Food Inflation 5.3 % Aug/20
Gasoline Prices 0.53 USD/Liter Aug/20
GDP Deflator 98.1 index points Mar/20
Import Prices 123 index points 2017
Inflation Rate YoY 2.9 % Aug/20
Producer Prices 6.5 index points Jul/20
Inflation Rate Mom -0.2 % Aug/20
Producer Prices Change  -29.1 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP 7.9 % 2018
Balance of Trade 1873068 USD Thousand | 1.873 USD Billion 1Q/20
Capital Flows 1394 USD Million | 1.394 USD Billion 1Q/20
Current Account 646 USD Million | 0.646 USD Billion 1Q/20
Exports 4463169 USD Thousand | 4.463 USD Billion 1Q/20
External Debt 16212184 USD Thousand | 16.212 B USD 2018
Foreign Exchange Reserves 6394 USD Million | 6.394 USD Billion Mar/20
Imports 2590101 USD Thousand | 2.59 USD Billion 1Q/20
Tourist Arrivals 12777 Persons | 0.013 Million Persons 2018


Money Indicators

Indicator Data Period
Gold Reserves 0 Tonnes 1Q/20
Interest Rate 6.5 % Sep/20
Money Supply M0 9723 AZN Million | 5.719 USD Billion Jul/20
Money Supply M1 14943 AZN Million | 8.79 USD Billion Jun/20
Money Supply M2 17928 AZN Million | 10.546 USD Billion Jul/20
Money Supply M3 26214 AZN Million | 15.42 USD Billion Jun/20
Deposit Interest Rate 9.69 % 2019
Foreign Direct Investment 915 USD Million | 0.915 B USD 2Q/19


Labor Indicators

Indicator Data Period
Minimum Wages 250 AZN/Month | 147.059 USD/Month 2020
Retirement Age Men 63.5 2018
Retirement Age Women 60.5 2018
Unemployment Rate 4.8 % 2019
Wages 720 AZN/Month | 423.529 USD/Month Jun/20
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 631 AZN/Month | 371.176 USD/Month 2019
Wages Low Skilled  341 AZN/Month | 200.588 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 646 BBL/D/1K May/20
Industrial Production 1.8 % 2019
Mining Production -1.2 % May/20


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  -3 % Aug/20


Consumer Indicators

Indicator Data Period
Retail Sales YoY 3 % 2018
Consumer Spending 11227 AZN Million | 6.604 USD Billion 1Q/20
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
6.394
USD Billion
#80 from 114 countries


Government Budget Value
balance_icon
0.107
USD Billion
#28 from 113 countries
Inflation Rate
inflation_icon
2.9
%
#77 from 174 countries


Interest Rate
discount_rate_icon
6.5
%
#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
423.529
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