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Azerbaijan Azerbaijan
Azerbaijan

Azerbaijan

Azerbaijan (UK: AZ-ər-by-JAHN, -⁠JAN, US: AH-zər-by-JAHN, AZ-; Azerbaijani: Azərbaycan, [ɑːzæɾbɑjˈdʒɑn]), officially the Republic of Azerbaijan, is a transcontinental country located at the boundary of Eastern Europe and West Asia. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia (Republic of Dagestan) to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The territory of what is now Azerbaijan was first ruled by Caucasian Albania and later various Persian empires. Until the 19th century, it remained part of Qajar Iran, but the Russo-Persian wars of 1804–1813 and 1826–1828 forced the Qajar empire to cede its Caucasian territories to the Russian Empire; the treaties of Gulistan in 1813 and Turkmenchay in 1828 defined the border between Russia and Qajar Iran. The region north of the Aras was Iranian until it was occupied by Russia during the 19th century. The area was part of the Caucasus Viceroyalty. By the late 19th century, an Azerbaijani national identity emerged with the Azerbaijan Democratic Republic proclaimed its independence from the Transcaucasian Democratic Federative Re... [More]
  • Last : 62,501.28
  • High : 68,074.28
  • Low : 62,480.54
  • Max Fluctuation : 1,154.75
  • Max Fluctuation % : 3.28%
  • Open : 67,585.14
  • Time : 15:02:42
  • Yesterday : 67,339.34
  • Change % : 7.74%
  • Change : 4,838.06
  • Last : 2,154.77
  • High : 2,162.78
  • Low : 2,148.18
  • Max Fluctuation : 3.62
  • Max Fluctuation % : 0.22%
  • Open : 2,160.44
  • Time : 15:05:03
  • Yesterday : 2,160.44
  • Change % : 0.26%
  • Change : 5.67
  • Last : 82.16
  • High : 82.24
  • Low : 81.83
  • Max Fluctuation : 0.13
  • Max Fluctuation % : 0%
  • Open : 82.21
  • Time : 15:04:53
  • Yesterday : 82.23
  • Change % : 0.09%
  • Change : 0.07
  • Last : 0.9175
  • High : 0.9181
  • Low : 0.9175
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : -
  • Time : 18 Mar
  • Yesterday : 0.9175
  • Change % : 0%
  • Change : 0

Azerbaijan Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/AZN Ask 1.8507 - 1.8507 1.8507 0.00 0.00% 2024/03/18 Time 14:17
AZN/TRY Ask 19.059 - 19.059 19.059 0.00 0.00% 2024/03/18 Time 11:38
TRY/AZN Ask 0.0528 - 0.0528 0.0528 0.00 0.00% 2024/03/18 Time 11:38
AZN/RUB Ask 54.4412 - 54.4412 54.4412 0.00 0.00% 2024/03/16 Time 1:08
RUB/AZN Ask 0.0184 - 0.0184 0.0184 0.00 0.00% 2024/03/16 Time 1:08
USD/AZN Ask 1.7 - 1.7 17000 0.00 0.00% 2023/11/27 Time 0:00

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
2487527 -306551 2768278 8201764
Capital Flows
108 -2980 784 4414
Car Registrations
1419870 258294 1349307 1419870
Changes in Inventories
959 -1662 2020 2020
Competitiveness Index
62.72 19 Dec 60.04 Points
Competitiveness Rank
58 19 Dec 69
Consumer Price Index CPI
214 74 213 216
Consumer Spending
17431 700 16161 17431
Core Inflation Rate
2 -2 2.3 26.9
Coronavirus Cases
831659 0 831658 831659
Coronavirus Deaths
10268 0 10257 10268
Coronavirus Vaccination Rate
134 0 134 134
Coronavirus Vaccination Total
13857111 0 13853207 13857111
Corporate Tax Rate
20 20 20 25
Corruption Index
23 15 23 31
Corruption Rank
154 84 157 158
Credit Rating
50 23 Jul
Crude Oil Production
606 168 600 1072
Currency
1.7 0.78 1.7 1.92
Current Account
1519 -806 1778 7380
Current Account to GDP
30.5 -31.9 15.2 35.3
Deposit Interest Rate
8.73 7.7 8.98 12.9
Disposable Personal Income
68915 3748 57207 68915
Ease of Doing Business
34 19 Dec 25
Employed Persons
4901 3613 4988 4988
Export Prices
127 17 Dec 83.7 points
Exports
6669106 129728 6673532 11810775
External Debt
15277054 35540 15647995 16211030
Fiscal Expenditure
11142 23 May 8930 AZN Million
Food Inflation
0.2 -1 0.7 19.5
Foreign Direct Investment
1393 586 1478 2231
Foreign Exchange Reserves
11637 3974 11613 15193
Full Year GDP Growth
1.1 -23.1 4.62 34.5
GDP
78.72 0.44 54.83 78.72
GDP Annual Growth Rate
1.8 -6.7 0.4 40.4
GDP Constant Prices
9211 5115 7045 9660
GDP Deflator
89.4 63.9 90.8 234
GDP From Agriculture
821 94.1 572 821
GDP From Construction
968 49.7 449 1345
GDP From Manufacturing
525 117 454 568
GDP From Mining
3166 563 2253 4803
GDP From Public Administration
210 64.8 188 221
GDP From Services
703 120 647 837
GDP From Transport
1335 147 1247 1475
GDP From Utilities
38 15.4 36.9 43.8
GDP per capita
5590 1102 5345 5590
GDP per capita PPP
15094 2977 14434 15094
Gasoline Prices
0.59 0.37 0.59 1.22
Gold Reserves
0 0 0 30.2
Government Budget
-0.7 -2.4 -1 0.9
Government Budget Value
2549 23 Jan 1348 AZN Million
Government Debt to GDP
21.9 3.2 11.7 25.4
Government Revenues
13916 23 May 12165 AZN Million
Government Spending
4111 22 Dec 3340 AZN Million
Government Spending To GDP
29.5 21 Dec 36.5 percent of GDP
Gross Fixed Capital Formation
5413 173 3612 6588
Gross National Product
124842 0.3 91268 124842
ICU Beds
354 14 Dec 350 per 1000 people
IP Addresses
319679 17 Mar 331781 IP
Import Prices
128 100 123 128
Imports
4181579 312012 3905254 4754916
Industrial Production
-1.5 -30.4 -1.1 36.6
Inflation Rate
1.3 -9.83 1.7 1664
Inflation Rate Mom
0.6 -5.93 0.5 118
Interest Rate
7.75 2 7.75 15
Internet Speed
5672 17 Mar 5409 KBps
Leading Economic Index
5 -4.5 5 48.1
Manufacturing Production
7.3 -11.3 9.8 30.5
Military Expenditure
2991 22 Dec 2703 USD Million
Minimum Wages
345 1.1 345 345
Mining Production
-2.3 -8.19 -2.5 10.53
Money Supply M0
15416 296 15873 15873
Money Supply M1
28786 658 29679 29679
Money Supply M2
34235 369 35372 35372
Money Supply M3
44899 1782 45073 45073
Monthly GDP YoY
5 -4.5 5 116
Personal Income Tax Rate
25 25 25 35
Population
10.13 1.59 10.06 10.13
Producer Price Inflation MoM
1.8 -35 -4.2 40.7
Producer Prices
89 69.4 184 184
Producer Prices Change
-0.3 -51.5 -11 121
Remittances
243 -170 317 1215
Retail Sales YoY
3.4 -56.1 3.7 55
Retirement Age Men
65 62 65 65
Retirement Age Women
64 57 63.5 64
Terrorism Index
0 0 0 2.99
Tourist Arrivals
9493 1848 1848 30950
Unemployed Persons
293 237 316 515
Unemployment Rate
5.6 0.9 5.7 11.8
Wages
934 106 923 934
Wages in Manufacturing
766 48.8 685 766
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 214 220 219 219 221 216
Consumer Spending 17431 15693 16484 17954 17850 17431
Crude Oil Production 606 615 630 650 660 1072
Currency 1.7 1.7 1.7 1.7 1.7 1.92
Current Account to GDP 30.5 15 35.3
Disposable Personal Income 68915 70569 68915
Export Prices 127 105 105 105 100 points
Food Inflation 0.2 1 2.5 3 3.3 19.5
Full Year GDP Growth 1.1 2.4 34.5
GDP 78.72 80.61 78.72
GDP Annual Growth Rate 1.8 2 2 3 2.4 40.4
GDP Constant Prices 9211 6085 7186 9487 9432 9660
GDP Deflator 89.4 104 97.35 94.73 93.98 234
GDP From Agriculture 821 202 584 846 841 821
GDP From Construction 968 321 458 997 992 1345
GDP From Manufacturing 525 457 463 541 537 568
GDP From Mining 3166 2170 2298 3260 3241 4803
GDP From Public Administration 210 176 192 216 215 221
GDP From Services 703 622 660 724 720 837
GDP From Transport 1335 1061 1272 1375 1367 1475
GDP From Utilities 38 41.51 37.64 39.14 38.91 43.8
GDP per capita 5590 5724 5590
GDP per capita PPP 15094 15457 15094
Gasoline Prices 0.59 0.6 0.6 0.61 0.61 1.22
Government Budget -0.7 -2 0.9
Government Budget Value 2549 1500 950 950 950 AZN Million
Government Debt to GDP 21.9 9.8 25.4
Government Spending 4111 3406 4185 4210 4210 AZN Million
Government Spending To GDP 29.5 32 34 36 percent of GDP
Gross Fixed Capital Formation 5413 3389 3684 5575 5543 6588
Gross National Product 124842 127838 124842
Industrial Production -1.5 0.5 0.7 -0.8 2 36.6
Inflation Rate 1.3 2 2.8 3.3 3.5 1664
Inflation Rate Mom 0.6 0.3 -0.5 0.2 0.5 118
Interest Rate 7.75 7.75 7.5 7.25 7 15
Minimum Wages 345 390 345
Monthly GDP YoY 5 2.5 2.8 3 3.2 116
Population 10.13 10.5 10.13
Producer Price Inflation MoM 1.8 5 5 5 4.5 40.7
Producer Prices Change -0.3 6 8 8 40 121
Unemployment Rate 5.6 5.3 11.8
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