Hear about travel to Azerbaijan as the Amateur Traveler talks to Mason Wiley of Community Based Tourism Azerbaijan about his time spent in the country during the Peace Corps. Even though he has come back to the USA he still loves and misses Azerbaijan and its people. Mason had not even heard of Azerbaijan until he was posted there by the Peace Corps.

Invitation Only Research Event

Event participants

Laurence Broers, Associate Fellow, Russia and Eurasia Programme, Chatham House
Chair: Lubica Pollakova, Senior Programme Manager, Russia and Eurasia Programme

Azerbaijan have earned a FIFA Futsal World Cup debut after they, Italy, Kazakhstan, Portugal, Russia, Spain and Ukraine came through their play-offs to reach the finals.

(MENAFN - Trend News Agency) Baku, Azerbaijan, May 9 Trend: The Azerbaijani Embassy in France will organize a virtual concert dedicated to the 97th bi... ......

(MENAFN - Trend News Agency) BAKU, Azerbaijan, May 9 Trend: The May edition of the influential Russian magazine "Natsionalnaya Oborona" (National Defe... ......

Frederic A. Bourke Jr., 63, was found guilty today by a federal jury in Manhattan of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and the Travel Act, and making false statements to the FBI.

Frederic A. Bourke Jr., of Greenwich, Conn., was sentenced today in U.S. District Court in Manhattan to one year and one day in prison.

Azerbaijan and the Kingdom of Lesotho have joined the Global Forum on Transparency and Exchange of Information for Tax Purposes. As the 119th and 120th members of the Global Forum, they will participate in the peer review process which encourages all countries to adopt effective exchange of information in tax matters.

Over 70 delegates from 14 countries, as well as international and regional organisations, business, and civil society gathered in Baku, Azerbaijan on 8-10 October 2019 for the Fifth Regional Meeting on BEPS for Eurasian Countries.

Azerbaijan must do more to enforce recently introduced anti-corruption laws and to ensure law enforcement has the resources to prosecute complex corruption crimes, says a new OECD report.

Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report.

Exports to Azerbaijan in Turkey increased to 133.15 USD Million in March from 127.89 USD Million in February of 2020. Exports to Azerbaijan in Turkey averaged 143.18 USD Million from 2014 until 2020, reaching an all time high of 304.39 USD Million in December of 2014 and a record low of 44.75 USD Million in January of 2016. This page includes a chart with historical data for Turkey Exports to Azerbaijan.

OECD events at the Internet Governance Forum 2012 (Baku, Azerbaijan)

IP Addresses in Azerbaijan decreased to 319679 IP in the first quarter of 2017 from 331781 IP in the fourth quarter of 2016. IP Addresses in Azerbaijan averaged 204003.28 IP from 2007 until 2017, reaching an all time high of 399083 IP in the fourth quarter of 2014 and a record low of 16240 IP in the third quarter of 2007. This page includes a chart with historical data for AzerbaijanIP Addresses.

Consumer Confidence in Azerbaijan remained unchanged at 23.80 in the fourth quarter of 2014 from 23.80 in the third quarter of 2014. Consumer Confidence in Azerbaijan averaged 24.96 from 2013 until 2014, reaching an all time high of 26.35 in the first quarter of 2014 and a record low of 23.80 in the third quarter of 2014. This page provides - Azerbaijan Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Temperature in Azerbaijan decreased to 1.48 celsius in December from 6.09 celsius in November of 2015. Temperature in Azerbaijan averaged 11.18 celsius from 1808 until 2015, reaching an all time high of 26.68 celsius in August of 2006 and a record low of -5.99 celsius in January of 1972. This page includes a chart with historical data for Azerbaijan Average Temperature.

Precipitation in Azerbaijan increased to 29.24 mm in December from 15.59 mm in November of 2015. Precipitation in Azerbaijan averaged 37.78 mm from 1901 until 2015, reaching an all time high of 138.78 mm in October of 1951 and a record low of 0.89 mm in December of 2010. This page includes a chart with historical data for Azerbaijan Average Precipitation.

Export Prices in Azerbaijan increased to 127.10 Index Points in 2017 from 83.70 Index Points in 2016. Export Prices in Azerbaijan averaged 108.67 Index Points from 2009 until 2017, reaching an all time high of 149 Index Points in 2009 and a record low of 54.90 Index Points in 2015. This page provides the latest reported value for - Azerbaijan Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Azerbaijan increased to 123.40 Index Points in 2017 from 102.70 Index Points in 2016. Import Prices in Azerbaijan averaged 104.74 Index Points from 2009 until 2017, reaching an all time high of 123.40 Index Points in 2017 and a record low of 100.40 Index Points in 2014. This page provides the latest reported value for - Azerbaijan Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Living Wage Family in Azerbaijan increased to 940 AZN/Month in 2018 from 885 AZN/Month in 2017. Living Wage Family in Azerbaijan averaged 911.25 AZN/Month from 2015 until 2018, reaching an all time high of 940 AZN/Month in 2016 and a record low of 880 AZN/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Living Wage Individual in Azerbaijan increased to 865 AZN/Month in 2018 from 825 AZN/Month in 2017. Living Wage Individual in Azerbaijan averaged 831.25 AZN/Month from 2015 until 2018, reaching an all time high of 865 AZN/Month in 2016 and a record low of 770 AZN/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Wages High Skilled in Azerbaijan increased to 666 AZN/Month in 2018 from 638 AZN/Month in 2017. Wages High Skilled in Azerbaijan averaged 622.50 AZN/Month from 2015 until 2018, reaching an all time high of 666 AZN/Month in 2018 and a record low of 577 AZN/Month in 2016. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Azerbaijan decreased to 341 AZN/Month in 2018 from 447 AZN/Month in 2017. Wages Low Skilled in Azerbaijan averaged 420.50 AZN/Month from 2015 until 2018, reaching an all time high of 496 AZN/Month in 2015 and a record low of 341 AZN/Month in 2018. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Azerbaijan recorded a Government Budget deficit equal to 0.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Azerbaijan averaged 0.04 percent of GDP from 2005 until 2018, reaching an all time high of 0.90 percent of GDP in 2010 and a record low of -1.60 percent of GDP in 2017. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Azerbaijan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Azerbaijan averaged 21.06 percent from 1995 until 2018, reaching an all time high of 54.10 percent in 2017 and a record low of 7.30 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Azerbaijan Government Debt To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan recorded a Current Account surplus of 7.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Azerbaijan averaged 0.09 percent from 1992 until 2018, reaching an all time high of 35.30 percent in 2008 and a record low of -31.90 percent in 1998. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Azerbaijan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Azerbaijan increased to 1624 USD Million in 2018 from 1529 USD Million in 2017. Military Expenditure in Azerbaijan averaged 851.33 USD Million from 1992 until 2018, reaching an all time high of 2183 USD Million in 2015 and a record low of 104 USD Million in 1996.

Retirement Age Men in Azerbaijan increased to 63.50 in 2018 from 63 in 2017. Retirement Age Men in Azerbaijan averaged 62.90 from 2009 until 2018, reaching an all time high of 63.50 in 2018 and a record low of 62 in 2009. This page provides - Azerbaijan Retirement Age Men- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retirement Age Women in Azerbaijan increased to 60.50 in 2018 from 60 in 2017. Retirement Age Women in Azerbaijan averaged 59 from 2009 until 2018, reaching an all time high of 60.50 in 2018 and a record low of 57 in 2009. This page provides - Azerbaijan Retirement Age Women- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Azerbaijan increased 3 percent in 2018 over the previous year. Retail Sales YoY in Azerbaijan averaged 7.26 percent from 1985 until 2018, reaching an all time high of 55 percent in 1990 and a record low of -56.10 percent in 1992. In Azerbaijan, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Azerbaijan Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Azerbaijan was last recorded at 28.5 percent of GDP in 2018 . Government Spending To GDP in Azerbaijan averaged 23.45 percent of GDP from 1995 until 2018, reaching an all time high of 33.20 percent of GDP in 2013 and a record low of 15.20 percent of GDP in 2001. This page provides - Azerbaijan Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Azerbaijan increased to 5.20 percent in 2018 from 5 percent in 2017. Unemployment Rate in Azerbaijan averaged 6.28 percent from 1991 until 2018, reaching an all time high of 11.80 percent in 2000 and a record low of 4.50 percent in 1996. In Azerbaijan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Azerbaijan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 5769 US dollars in 2018. The GDP per Capita in Azerbaijan is equivalent to 46 percent of the world's average. GDP per capita in Azerbaijan averaged 3577.76 USD from 1990 until 2018, reaching an all time high of 6072.60 USD in 2014 and a record low of 1235 USD in 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Azerbaijan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 16011 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Azerbaijan, when adjusted by Purchasing Power Parity is equivalent to 90 percent of the world's average. GDP per capita PPP in Azerbaijan averaged 9929.56 USD from 1990 until 2018, reaching an all time high of 16853.60 USD in 2014 and a record low of 3427.60 USD in 1995. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Azerbaijan GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Azerbaijan increased 1.80 percent in 2019 over the previous year. Industrial Production in Azerbaijan averaged 1.33 percent from 1990 until 2019, reaching an all time high of 36.60 percent in 2006 and a record low of -30.40 percent in 1992. In Azerbaijan, industrial production measures the output of businesses integrated in industrial sector of the economy. Mining and quarrying is the most important sector and accounts for around 70 percent of total production. The biggest segment within mining is crude petroleum and natural gas extraction. Manufacturing accounts for 20 percent. The biggest segments within manufacturing are: manufacture of refined petroleum products (10 percent); food production (2 percent) and construction materials (2 percent). Electricity, gas, steam and air conditioning supply accounts for 7 percent of total output and water supply, sewerage, waste management and remediation for 1 percent. This page provides - Azerbaijan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Azerbaijan increased to 10.28 percent in 2018 from 8.43 percent in 2017. Deposit Interest Rate in Azerbaijan averaged 10.15 percent from 1999 until 2018, reaching an all time high of 12.90 percent in 2000 and a record low of 7.70 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Azerbaijan.

Car Registrations in Azerbaijan increased to 1170672 in 2018 from 1147437 in 2017. Car Registrations in Azerbaijan averaged 588915.41 from 1990 until 2018, reaching an all time high of 1170672 in 2018 and a record low of 258294 in 1992. This page provides - Azerbaijan Car Registrations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Azerbaijan remained unchanged at 0 Tonnes in the second quarter of 2019 from 0 Tonnes in the first quarter of 2019. Gold Reserves in Azerbaijan averaged 4.78 Tonnes from 2000 until 2019, reaching an all time high of 30.20 Tonnes in the fourth quarter of 2014 and a record low of 0 Tonnes in the second quarter of 2000.

The number of employed persons in Azerbaijan increased to 4879.30 Thousand in 2018 from 4822.10 Thousand in 2017. Employed Persons in Azerbaijan averaged 4099.24 Thousand from 1990 until 2018, reaching an all time high of 4879.30 Thousand in 2018 and a record low of 3613 Thousand in 1995. In Azerbaijan, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Azerbaijan Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Azerbaijan increased by 915 USD Million in the second quarter of 2019. Foreign Direct Investment in Azerbaijan averaged 1285.44 USD Million from 2006 until 2019, reaching an all time high of 2231 USD Million in the fourth quarter of 2014 and a record low of 586 USD Million in the third quarter of 2009. This page provides - Azerbaijan Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in Azerbaijan increased to 53688.60 AZN Million in 2018 from 49187.90 AZN Million in 2017. Disposable Personal Income in Azerbaijan averaged 30863.01 AZN Million from 2000 until 2018, reaching an all time high of 53688.60 AZN Million in 2018 and a record low of 3748 AZN Million in 2000. This page provides the latest reported value for - Azerbaijan Disposable Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Tourist Arrivals in Azerbaijan decreased to 12777 in 2018 from 13455 in 2017. Tourist Arrivals in Azerbaijan averaged 13961.38 from 2006 until 2018, reaching an all time high of 23440 in 2012 and a record low of 2009 in 2015. This page provides - Azerbaijan Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Azerbaijan increased to 253.80 Thousand in 2018 from 251.70 Thousand in 2017. Unemployed Persons in Azerbaijan averaged 306.36 Thousand from 2000 until 2018, reaching an all time high of 514.70 Thousand in 2000 and a record low of 236.60 Thousand in 2013. This page provides - Azerbaijan Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages In Manufacturing in Azerbaijan increased to 554.10 AZN/Month in 2018 from 554 AZN/Month in 2017. Wages In Manufacturing in Azerbaijan averaged 278.75 AZN/Month from 1999 until 2018, reaching an all time high of 554.10 AZN/Month in 2018 and a record low of 48.80 AZN/Month in 1999. This page provides - Azerbaijan Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan scored 62.72 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Azerbaijan averaged 17.40 Points from 2007 until 2019, reaching an all time high of 62.72 Points in 2019 and a record low of 4.06 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Azerbaijan Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Azerbaijan is the 58 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Azerbaijan averaged 55 from 2007 until 2019, reaching an all time high of 69 in 2009 and a record low of 38 in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Azerbaijan Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Azerbaijan increased to 16212184.50 USD Thousand in 2018 from 15253903 USD Thousand in 2017. External Debt in Azerbaijan averaged 5367912.17 USD Thousand from 1993 until 2018, reaching an all time high of 16212184.50 USD Thousand in 2018 and a record low of 35540 USD Thousand in 1993. This page provides - Azerbaijan External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Azerbaijan expanded 2.50 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Azerbaijan averaged 8.62 percent from 2001 until 2019, reaching an all time high of 40.40 percent in the first quarter of 2006 and a record low of -3.90 percent in the third quarter of 2016. Azerbaijan economy is based on oil and gas extraction which account for 95 percent of exports and 75 percent of government revenues. . This page provides - Azerbaijan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.