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Azerbaijan Azerbaijan
Azerbaijan

Azerbaijan

Azerbaijan, officially the Republic of Azerbaijan, is a transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. 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 ruled first by Caucasian Albania and later by 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 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 when 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 f... [More]
  • Last : 97,623.78-
  • High : 97,855.22-
  • Low : 94,780.50-
  • Max Fluctuation : 900.05-
  • Max Fluctuation % : 1.37%-
  • Open : 96,474.70-
  • Time : 13:20:00-
  • Yesterday : 96,473.17-
  • Change % : 1.19%-
  • Change : 1,150.61-
  • Last : 2,902.65-
  • High : 2,902.97-
  • Low : 2,860.39-
  • Max Fluctuation : 6.75-
  • Max Fluctuation % : 1.16%-
  • Open : 2,861.36-
  • Time : 13:20:57-
  • Yesterday : -
  • Change % : INF%-
  • Change : 2,902.65-
  • Last : 71.74-
  • High : 71.77-
  • Low : 70.84-
  • Max Fluctuation : 0.19-
  • Max Fluctuation % : 0.04%-
  • Open : 70.91-
  • Time : 13:19:32-
  • Yesterday : -
  • Change % : INF%-
  • Change : 71.74-
  • Last : 0.968-
  • High : 0.9726-
  • Low : 0.9677-
  • Max Fluctuation : --
  • Max Fluctuation % : --
  • Open : 0.9723-
  • Time : 13:19:42-
  • Yesterday : -
  • Change % : INF%-
  • Change : 0.968-

Azerbaijan Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
AZN/TRY Ask 21.1893 21.1925 21.1856 21.3054 0.08 0.39% 2025/02/10 Time 13:08
AZN/RUB Ask 57.3289 57.4171 57.3289 57.7112 0.38 0.67% 2025/02/10 Time 12:56
RUB/AZN Ask 0.0176 0.0175 0.0174 0.0176 0.00 0.57% 2025/02/10 Time 12:56
TRY/AZN Ask 0.0472 0.0471 0.0471 0.0472 0.00 0.00% 2025/02/10 Time 3:26
EUR/AZN Ask 1.7647 - 1.7647 1.7647 0.00 0.00% 2025/02/07 Time 15:06
USD/AZN Ask 1.7 - 1.7 1.705 0.00 0.00% 2024/12/05 Time 12:23

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
2380608 24 Sep 1953912 USD Thousand
Capital Flows
1362 24 Sep 616 USD Million
Car Registrations
1501957 23 Dec 1419870 Units
Changes in Inventories
1840 24 Sep 1776 AZN Million
Consumer Price Index CPI
224 24 Dec 221 points
Consumer Spending
18833 24 Sep 17118 AZN Million
Core Inflation Rate
4.4 24 Dec 3.9 percent
Corporate Tax Rate
20 25 Dec 20 percent
Corruption Index
23 23 Dec 23 Points
Corruption Rank
154 23 Dec 157
Credit Rating
50 25 Feb
Crude Oil Production
588 24 Oct 579 BBL/D/1K
Current Account
1328 24 Sep 896 USD Million
Current Account to GDP
16.3 23 Dec 30.5 percent of GDP
Deposit Interest Rate
8.65 23 Dec 8.98 percent
Disposable Personal Income
78050 23 Dec 69163 AZN Million
Employed Persons
4963 23 Dec 4901 Thousand
Exports
6912561 24 Sep 6168009 USD Thousand
External Debt
15277054 22 Dec 15647995 USD Thousand
Fiscal Expenditure
37720 24 Dec 31038 AZN Million
Food Inflation
5.5 24 Dec 4.4 percent
Foreign Direct Investment
1544 24 Sep 1470 USD Million
Foreign Exchange Reserves
10960 24 Dec 10968 USD Million
Full Year GDP Growth
1.1 23 Dec 4.62 percent
GDP
72.36 23 Dec 78.81 USD Billion
GDP Annual Growth Rate
5.2 24 Sep 4.6 percent
GDP Constant Prices
9690 24 Sep 7394 AZN Million
GDP Deflator
98.6 24 Dec 98.1 points
GDP from Agriculture
831 24 Sep 572 AZN Million
GDP from Construction
1101 24 Sep 584 AZN Million
GDP from Manufacturing
572 24 Sep 477 AZN Million
GDP from Mining
3149 24 Sep 2242 AZN Million
GDP from Public Administration
211 24 Sep 189 AZN Million
GDP from Services
736 24 Sep 666 AZN Million
GDP from Transport
1588 24 Sep 1475 AZN Million
GDP from Utilities
41.3 24 Sep 38.4 AZN Million
GDP per Capita
5674 23 Dec 5595 USD
GDP per Capita PPP
21349 23 Dec 21051 USD
Gasoline Prices
0.65 25 Jan 0.65 USD/Liter
Gold Reserves
0 24 Sep 0 Tonnes
Government Budget
-0.7 23 Dec -1 percent of GDP
Government Budget Value
556 24 Dec 3018 AZN Million
Government Debt to GDP
21.9 23 Dec 11.7 percent of GDP
Government Revenues
37164 24 Dec 34056 AZN Million
Government Spending
4262 24 Sep 5408 AZN Million
Government Spending to GDP
29.6 23 Dec 24 percent of GDP
Gross Fixed Capital Formation
4751 24 Sep 4095 AZN Million
Gross National Product
117768 23 Dec 124988 AZN Million
Imports
4531953 24 Sep 4214096 USD Thousand
Industrial Production
1.1 24 Dec 1.1 percent
Inflation Rate
4.9 24 Dec 4.4 percent
Inflation Rate MoM
1 24 Dec 0.7 percent
Interest Rate
7.25 25 Jan 7.25 percent
Leading Economic Index
4.1 24 Dec 4.1 percent
Manufacturing Production
2.2 24 Dec 3.8 percent
Military Expenditure
3562 23 Dec 2991 USD Million
Minimum Wages
400 25 Jan 345 AZN/Month
Mining Production
1 24 Dec 0.8 percent
Money Supply M0
15858 24 Dec 15614 AZN Million
Money Supply M1
29647 24 Dec 27705 AZN Million
Money Supply M2
36652 24 Dec 34639 AZN Million
Money Supply M3
46495 24 Dec 44692 AZN Million
Monthly GDP YoY
4.1 24 Dec 4.1 percent
Personal Income Tax Rate
25 25 Dec 25 percent
Population
10.13 23 Dec 10.06 Million
Producer Price Inflation MoM
-0.5 24 Dec -1.1 percent
Producer Prices
89 23 Dec 184 points
Producer Prices Change
0 24 Dec 0.3 percent
Remittances
132 24 Sep 145 USD Million
Retail Sales YoY
3.9 24 Dec 3.8 percent
Retirement Age Men
65 25 Dec 65 Years
Retirement Age Women
64.5 25 Dec 64 Years
Terrorism Index
0 23 Dec 0 Points
Tourist Arrivals
11232 23 Dec 9493
Unemployed Persons
286 23 Dec 293 Thousand
Unemployment Rate
5.6 23 Dec 5.7 percent
Wages
997 24 Nov 993 AZN/Month
Wages in Manufacturing
841 23 Dec 766 AZN/Month
Indicator Actual Q1 Q2 Q3 Q4 Metric
Consumer Price Index CPI 224 225.82 224.55 227.76 232.89 points
Consumer Spending 18833 16621 17803 19586 19492 AZN Million
Crude Oil Production 588 615 625 640 630 BBL/D/1K
Current Account to GDP 16.3 11 9 7 percent of GDP
Disposable Personal Income 78050 80782 AZN Million
Food Inflation 5.5 2.8 1.9 1.5 2.5 percent
Full Year GDP Growth 1.1 2.5 percent
GDP 72.36 74.17 75.95 77.77 USD Billion USD Billion
GDP Annual Growth Rate 5.2 3.5 4 4 3.5 percent
GDP Constant Prices 9690 6435 7690 10078 10029 AZN Million
GDP Deflator 98.6 96.35 98.36 100.78 102.74 points
GDP from Agriculture 831 207.83 594.57 864.24 860.09 AZN Million
GDP from Construction 1101 407 608 1145 1139 AZN Million
GDP from Manufacturing 572 509.53 496.5 594.36 591.5 AZN Million
GDP from Mining 3149 2183 2331 3275 3259 AZN Million
GDP from Public Administration 211 178.74 196.25 219.54 218.49 AZN Million
GDP from Services 736 652.67 693.06 765.65 761.97 AZN Million
GDP from Transport 1588 1188 1534 1652 1644 AZN Million
GDP from Utilities 41.3 41.19 39.94 42.95 42.75 AZN Million
GDP per Capita 5674 5816 5956 6099 USD USD
GDP per Capita PPP 21349 21883 22408 22946 USD USD
Gasoline Prices 0.65 0.65 0.66 0.67 0.68 USD/Liter
Government Budget -0.7 -2.3 -2.5 -2.5 percent of GDP
Government Debt to GDP 21.9 20.4 20 19.3 percent of GDP
Government Spending to GDP 29.6 36 36 percent of GDP
Gross Fixed Capital Formation 4751 3869 4259 4941 4917 AZN Million
Gross National Product 117768 121890 AZN Million
Industrial Production 1.1 0.8 1 2.2 2.8 percent
Inflation Rate 4.9 4.5 4.2 4 4.2 percent
Inflation Rate MoM 1 0.8 0.2 0.4 0.2 percent
Interest Rate 7.25 7.25 6.75 6.5 5 percent
Minimum Wages 400 400 400 400 AZN/Month AZN/Month
Monthly GDP YoY 4.1 2.7 3.6 3.6 3.8 percent
Population 10.13 10.4 10.65 10.65 Million Million
Producer Prices Change 0 2.5 3.2 4 3 percent
Unemployment Rate 5.6 5.6 percent
Wages 997 1080 1085 1085 1110 AZN/Month
Wages in Manufacturing 841 850 AZN/Month