Economy in Azerbaijan

Language versions of the website:

Azerbaijan

Economy in Azerbaijan


The continent: Europe, Asia
  
Iso2:AZ
  
Iso3:AZE

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Azerbaijan


GDP, PPP

172 000 000 000 current international $[?] (2015)
(descending): 69 in the world of 194 (64,95%); 28 place in Asia 48 (43,75%)
18,02 % (3,60 % annual) ↘
min: 18 601 118 783; max: 172 000 000 000; max-min: 153 398 881 217 (89,19%); mid: 95 300 559 392;
76 699 440 609 (44,59%)

GDP

53 047 140 347 current US$[?] (2015)
(descending): 79 in the world of 199 (60,80%); 28 place in Asia 48 (43,75%)
0,272 % (0,054 % annual) ↘
min: 3 052 467 522; max: 75 198 010 965; max-min: 72 145 543 443 (95,94%); mid: 39 125 239 244;
13 921 901 104 (26,24%)

GDP per capita, PPP

17 780 current international $[?] (2015)
(descending): 72 in the world of 194 (63,40%); 19 place in Asia 48 (62,50%)
12,10 % (2,42 % annual) ↘
min: 2 420; max: 17 780; max-min: 15 359 (86,39%); mid: 10 100;
7 680 (43,19%)

Reserves in Azerbaijan


Total reserves

7 319 394 023 current US$[?] (2015)
(descending): 78 in the world of 184 (58,15%); 30 place in Asia 46 (36,96%)
12,44 % (2,49 % annual) ↘
min: 590 076; max: 15 816 417 366; max-min: 15 815 827 290 (100,00%); mid: 7 908 503 721;
-589 109 698 (-8,05%)

Total reserves

55,39 % of total external debt[?] (2015)
(descending): 35 in the world of 117 (70,94%); 15 place in Asia 29 (51,72%)
61,63 % (12,33 % annual) ↗
min: 1,66; max: 150,78; max-min: 149,11 (98,90%); mid: 76,22;
-20,83 (-37,61%)

Total reserves minus gold

6 291 165 160 current US$[?] (2015)
(descending): 81 in the world of 184 (56,52%); 33 place in Asia 46 (30,43%)
1,87 % (0,375 % annual) ↗
min: 590 076; max: 14 646 564 527; max-min: 14 645 974 451 (100,00%); mid: 7 323 577 301;
-1 032 412 141 (-16,41%)

Gross savings

28,69 % of GDP[?] (2015)
(descending): 31 in the world of 164 (81,71%); 15 place in Asia 42 (66,67%)
60,66 % (12,13 % annual) ↗
min: 2,68; max: 52,37; max-min: 49,69 (94,88%); mid: 27,53;
1,16 (4,05%)

GDP - composition in Azerbaijan


Household consumption

56,20 %[?] (2015)
(descending): 138 in the world of 198 (30,81%); 27 place in Asia 49 (46,94%)

Government consumption

13,90 %[?] (2015)
(descending): 136 in the world of 197 (31,47%); 26 place in Asia 49 (48,98%)

Investment in fixed capital

27,30 %[?] (2015)
(descending): 46 in the world of 194 (76,80%); 15 place in Asia 49 (71,43%)

exports of goods and services

47,50 %[?] (2015)
(descending): 54 in the world of 196 (72,96%); 15 place in Asia 51 (72,55%)

imports of goods and services

-44,90 %[?] (2015)
(descending): 110 in the world of 195 (44,10%); 31 place in Asia 51 (41,18%)

GDP - composition by sector of origin in Azerbaijan


agriculture

6,40 %[?] (2015)
(descending): 115 in the world of 219 (47,95%); 30 place in Asia 49 (40,82%)

industry

61,10 %[?] (2015)
(descending): 6 in the world of 221 (97,74%); 2 place in Asia 51 (98,04%)

services

32,50 %[?] (2015)
(descending): 214 in the world of 223 (4,48%); 50 place in Asia 51 (3,92%)

GDP growth in Azerbaijan


GDP growth rate

1,10 annual %[?] (2015)
(descending): 154 in the world of 193 (20,73%); 43 place in Asia 48 (12,50%)
341,30 % (68,26 % annual) ↗
min: -23,10; max: 34,50; max-min: 57,60 (166,96%); mid: 5,70;
-4,60 (-418,18%)

GDP per capita growth

-0,118 annual %[?] (2015)
(descending): 151 in the world of 193 (22,28%); 38 place in Asia 48 (22,92%)
3 164 % (632,81 % annual) ↘
min: -24,26; max: 33,03; max-min: 57,29 (173,45%); mid: 4,39;
-4,50 (3 818%)

Costs in Azerbaijan


Expense

22,11 % of GDP[?] (2014)
(ascending): 58 in the world of 140 (59,29%); 22 place in Asia 37 (43,24%)
5,62 % (1,12 % annual) ↘
min: 15,81; max: 34,20; max-min: 18,39 (53,78%); mid: 25,00;
-2,89 (-13,06%)

Final consumption expenditure, etc.

68,32 % of GDP[?] (2015)
(ascending): 31 in the world of 177 (83,05%); 18 place in Asia 46 (63,04%)
29,28 % (5,86 % annual) ↘
min: 38,86; max: 98,46; max-min: 59,60 (60,53%); mid: 68,66;
-0,335 (-0,490%)

Foreign direct investment, net outflows

6,05 % of GDP[?] (2015)
(ascending): 156 in the world of 165 (6,06%); 40 place in Asia 42 (7,14%)
5,59 % (1,12 % annual) ↘
min: 0,0001009; max: 30,33; max-min: 30,33 (100,00%); mid: 15,16;
-9,11 (-150,65%)

Government expenditure on education, total

2,46 % of GDP[?] (2013)
(ascending): 36 in the world of 147 (76,19%); 12 place in Asia 34 (67,65%)
12,93 % (2,59 % annual) ↗
min: 2,10; max: 6,06; max-min: 3,96 (65,40%); mid: 4,08;
-1,61 (-65,59%)

Research and development expenditure

0,210 % of GDP[?] (2014)
(ascending): 27 in the world of 110 (76,36%); 14 place in Asia 33 (60,61%)
4,08 % (0,817 % annual) ↗
min: 0,166; max: 0,421; max-min: 0,256 (60,70%); mid: 0,293;
-0,083 (-39,77%)

Military expenditure

5,61 % of GDP[?] (2015)
(ascending): 148 in the world of 155 (5,16%); 37 place in Asia 40 (10%)
50,26 % (10,05 % annual) ↘
min: 2,24; max: 5,61; max-min: 3,37 (60,02%); mid: 3,93;
1,68 (30,01%)

Health expenditure

6,04 % of GDP[?] (2014)
(ascending): 101 in the world of 190 (47,37%); 34 place in Asia 46 (28,26%)
11,65 % (2,33 % annual) ↘
min: 4,37; max: 7,92; max-min: 3,55 (44,80%); mid: 6,15;
-0,112 (-1,86%)

Income in Azerbaijan


Tax revenue

14,22 % of GDP[?] (2014)
(descending): 88 in the world of 142 (38,73%); 16 place in Asia 37 (59,46%)
14,51 % (2,90 % annual) ↘
min: 9,85; max: 25,56; max-min: 15,71 (61,46%); mid: 17,71;
-3,48 (-24,50%)

Trade

72,64 % of GDP[?] (2015)
(descending): 111 in the world of 187 (41,18%); 26 place in Asia 48 (47,92%)
3,23 % (0,646 % annual) ↗
min: 55,35; max: 140,80; max-min: 85,45 (60,69%); mid: 98,08;
-25,44 (-35,02%)

Trade in services

24,73 % of GDP[?] (2015)
(descending): 74 in the world of 179 (59,22%); 16 place in Asia 44 (65,91%)
50,90 % (10,18 % annual) ↘
min: 11,43; max: 37,70; max-min: 26,27 (69,68%); mid: 24,56;
0,162 (0,655%)

Merchandise trade

45,05 % of GDP[?] (2015)
(descending): 126 in the world of 188 (33,51%); 28 place in Asia 47 (42,55%)
39,38 % (7,88 % annual) ↗
min: 37,81; max: 90,59; max-min: 52,78 (58,27%); mid: 64,20;
-19,14 (-42,49%)

Foreign direct investment, net inflows

7,63 % of GDP[?] (2015)
(descending): 34 in the world of 188 (82,45%); 9 place in Asia 48 (83,33%)
16,94 % (3,39 % annual) ↘
min: 2,46; max: 55,08; max-min: 52,61 (95,53%); mid: 28,77;
-21,14 (-277,07%)

Natural resources rents

13,32 % of GDP[?] (2015)
(descending): 32 in the world of 177 (82,49%); 8 place in Asia 47 (85,11%)
128,72 % (25,74 % annual) ↗
min: 4,40; max: 44,58; max-min: 40,18 (90,13%); mid: 24,49;
-11,17 (-83,86%)

Public debt

31,40 % GDP[?] (2015)
(ascending): 38 in the world of 178 (79,21%); 14 place in Asia 42 (69,05%)