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Azerbaijan Azerbaijan
Azerbaijan

Azerbaijan

Azerbaijan, 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's 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 part of Iran until it was conquered by Russia in the 19th century, where it was administered as 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 Republic in 1918, a year after the Russian Empire collapsed, and became the first... [More]
  • Last : 64,207.12
  • High : 65,445.67
  • Low : 59,933.98
  • Max Fluctuation : 1,608.5
  • Max Fluctuation % : 3.81%
  • Open : 63,656.72
  • Time : 22:32:44
  • Yesterday : 63,636.88
  • Change % : 0.9%
  • Change : 570.24
  • Last : 2,397.35
  • High : 2,416.57
  • Low : 2,373.26
  • Max Fluctuation : 9.29
  • Max Fluctuation % : 0.46%
  • Open : 2,378.97
  • Time : 22:34:51
  • Yesterday : 2,378.97
  • Change % : 0.77%
  • Change : 18.38
  • Last : 83.42
  • High : 86.27
  • Low : 81.86
  • Max Fluctuation : 1.99
  • Max Fluctuation % : 1.27%
  • Open : 82.57
  • Time : 22:34:49
  • Yesterday : 82.55
  • Change % : 1.05%
  • Change : 0.87
  • Last : 0.9389
  • High : 0.9424
  • Low : 0.9367
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9394
  • Time : 22:30:46
  • Yesterday : 0.9394
  • Change % : 0.05%
  • Change : 0.0005

Azerbaijan Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
AZN/TRY Ask 19.2318 - 19.1956 19.3392 0.04 0.21% 2024/04/19 Time 22:32
TRY/AZN Ask 0.0524 0.0523 0.0521 0.0533 0.00 0.19% 2024/04/19 Time 18:33
EUR/AZN Ask 1.8082 - 1.8082 1.8082 0.01 0.39% 2024/04/19 Time 14:42
AZN/RUB Ask 55.6471 - 55.3882 61.3717 0.00 0.00% 2024/04/19 Time 0:36
RUB/AZN Ask 0.0181 - 0.0181 0.0181 0.00 0.00% 2024/04/18 Time 13:33
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
2829101 -306551 2487527 8201764
Capital Flows
4682 -2980 108 4682
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
216 74 216 216
Consumer Spending
17431 700 16161 17431
Core Inflation Rate
1.4 -2 2 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
601 168 606 1072
Currency
1.7 0.78 1.7 1.92
Current Account
1655 -806 1519 7380
Current Account to GDP
16.3 -31.9 30.5 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
7375696 129728 6669106 11810775
External Debt
15277054 35540 15647995 16211030
Fiscal Expenditure
11142 23 May 8930 AZN Million
Food Inflation
-0.7 -1 0.2 19.5
Foreign Direct Investment
1393 586 1478 2231
Foreign Exchange Reserves
11650 3974 11637 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
4 -6.7 1.1 40.4
GDP Constant Prices
9783 5115 9212 9783
GDP Deflator
89.7 63.9 89.4 234
GDP From Agriculture
430 94.1 818 818
GDP From Construction
1127 49.7 972 1345
GDP From Manufacturing
626 117 522 626
GDP From Mining
3564 563 3136 4803
GDP From Public Administration
149 64.8 210 239
GDP From Services
868 120 707 868
GDP From Transport
1430 147 1390 1491
GDP From Utilities
45.1 15.4 38.1 45.1
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
5920 173 5413 6469
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
4546595 312012 4181579 4754916
Industrial Production
0.9 -30.4 0.1 36.6
Inflation Rate
1 -9.83 1.3 1664
Inflation Rate Mom
0.2 -5.93 0.6 118
Interest Rate
7.5 2 7.75 15
Internet Speed
5672 17 Mar 5409 KBps
Leading Economic Index
5 -4.5 5 48.1
Manufacturing Production
10 -11.3 13.7 30.5
Military Expenditure
2991 22 Dec 2703 USD Million
Minimum Wages
345 1.1 345 345
Mining Production
-0.1 -8.19 -1.3 10.53
Money Supply M0
15246 296 15416 15873
Money Supply M1
28643 658 28786 29679
Money Supply M2
34264 369 34235 35372
Money Supply M3
44763 1782 44899 45073
Monthly GDP YoY
4 -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
-5.3 -35 1.8 40.7
Producer Prices
89 69.4 184 184
Producer Prices Change
-2.5 -51.5 -0.3 121
Remittances
226 -170 243 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
942 106 934 942
Wages in Manufacturing
766 48.8 685 766
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 216 222 223 224 225 216
Consumer Spending 17431 16710 17919 17693 17780 17431
Crude Oil Production 601 630 650 660 660 1072
Currency 1.7 1.7 1.7 1.7 1.7 1.92
Current Account to GDP 16.3 14 35.3
Disposable Personal Income 68915 69948 68915
Export Prices 127 105 105 105 100 points
Food Inflation -0.7 2.2 2.8 3.3 3.8 19.5
Full Year GDP Growth 1.1 2.2 34.5
GDP 78.72 80.45 78.72
GDP Annual Growth Rate 4 3.4 2.8 1.5 2 40.4
GDP Constant Prices 9783 7321 9470 9929 9978 9783
GDP Deflator 89.7 98.87 96.56 95.34 93.29 234
GDP From Agriculture 430 592 841 436 438 818
GDP From Construction 1127 502 999 1144 1150 1345
GDP From Manufacturing 626 471 537 635 638 626
GDP From Mining 3564 2307 3223 3618 3636 4803
GDP From Public Administration 149 194 215 151 152 239
GDP From Services 868 667 727 882 886 868
GDP From Transport 1430 1352 1429 1451 1458 1491
GDP From Utilities 45.1 38.67 39.17 45.78 46 45.1
GDP per capita 5590 5713 5590
GDP per capita PPP 15094 15426 15094
Gasoline Prices 0.59 0.6 0.61 0.63 0.64 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 20 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 5920 3734 5565 6009 6038 6469
Gross National Product 124842 126714 124842
Industrial Production 0.9 3 3.5 3.3 2.5 36.6
Inflation Rate 1 4.4 5.3 5 4 1664
Inflation Rate Mom 0.2 0.3 0.3 -0.1 0.8 118
Interest Rate 7.5 7 7 6.5 6 15
Minimum Wages 345 345 345
Monthly GDP YoY 4 2.8 3 2.9 2.7 116
Population 10.13 10.3 10.13
Producer Price Inflation MoM -5.3 1 4.5 1.5 0 40.7
Producer Prices Change -2.5 6 5.3 4 3.5 121
Tourist Arrivals 9493 12000 30950
Unemployment Rate 5.6 5.8 11.8
Wages 942 965 975 980 987 942
Wages in Manufacturing 766 820 766
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