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Azerbaijan
Its population in 2018 was 9,923,914 [1]
In 2015, 2.31% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 5.60% [2]
In 2021 it had a positive Current
Account Balance of US$bn 8.29 [3]
Its unemployment rate in 2021 was 5.95% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2020 was 0.22% [2]
A Big Mac will set you back the
local equivalent of US$2.33 [4]
What free trade areas or economic unions is it a member of?
Member of the Organization of the Black Sea Economic Cooperation (BSEC) since 05/06/1998
Other members:
Albania, Armenia, Bulgaria, Georgia, Greece, Republic of Moldova, Romania, Russian Federation, Serbia, Türkiye, Ukraine
What trade deals are there between Organization of the Black Sea Economic Cooperation and other countries and economic unions?
None
[/vc_column_text][vc_column_text]What trade deals are there with other countries and economic unions?
Georgia - Azerbaijan free trade agreement (from 10/07/1996)
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Yelo: Brighter Banking for the People and Business Community of Azerbaijan
Leyla Aliyev, Heydar Aliyev Foundation: Azerbaijan’s Can-Do First Daughter
WGB Launches New Country Partnership Framework to Support Azerbaijan’s Sustainable, Inclusive and Resilient Growth
Davos: Azerbaijan Making a Splash at World Economic Forum
Mehriban Aliyeva – With Azerbaijan at Heart: the First Lady Reaches Out For a Better World
Revenue Watch: 4 out of 5 Companies Fail in Good Governance
Organisation of Islamic Conference: Contemporary Challenges of Member States
Azerbaijan FDI
Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.
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