Key Questions
Part of the country’s economic profile, the economic structure section gives readers useful views to understand what matters to Azerbaijan’s economy.
KEY QUESTIONS ADDRESSED
- What is the size of Azerbaijan’s economy?
- What is the size of Azerbaijan’s population?
- What is the demographic structure of Azerbaijan? Is it favorable for economic growth?
- How has the structure of GDP changed over the years?
- How much does Azerbaijan’s economy rely on external trade?
- How much does Azerbaijan’s economy rely on natural resources?
- Economic Freedom Index: How free is Azerbaijan’s economy?
Part of the country’s economic profile, this section explores Azerbaijan’s competitiveness at the global level. It also covers the country’s attractiveness to foreign direct investment.
KEY QUESTIONS ADDRESSED
- How competitive is Azerbaijan?
- How are Azerbaijan’s competitive factors compared to those of other countries?
- How is the minimum wage in Azerbaijan compared to others in the region?
- How has labor productivity in Azerbaijan changed over the years, and in relation to comparable countries?
- Is it easy to do business in Azerbaijan?
- How good is Azerbaijan in attracting Foreign Direct Investment?
As part of the country’s economic profile, this section explores Azerbaijan’s economic development, average income, and its distribution, poverty as well as other development indicators.
KEY QUESTIONS ADDRESSED
- What is the level of income for an average person in Azerbaijan?
- What is the poverty rate in Azerbaijan, and how does it compare to others?
- How has the unemployment rate in Azerbaijan changed over recent years?
- How is income distributed in Azerbaijan, and how does it compare to others?
- What is the current level of human development in Azerbaijan?
- How has the quality of life changed over the years?
- How many SDG has Azerbaijan achieved to date?
As part of the country’s economic outlook, this section explores Azerbaijan’s recent economic growth, its key drivers as well as the growth outlook for the coming years.
KEY QUESTIONS ADDRESSED
- What has been the growth rate of Azerbaijan’s economy over the past ten years, and how does it compare with others?
- How much does each sector contribute to the overall growth?
- What is the GDP growth rate in the latest quarter?
- What were the key growth drivers for Azerbaijan’s economy in the latest quarter?
- What are the latest signals from the leading indicators?
- What is the growth outlook for Azerbaijan’s economy, and how does it compare with others?
As part of the country’s economic outlook, this section explores Azerbaijan’s macro-economic risks, including inflation, financial sector, budget deficit as well as the balance of payment and exchange rate.
KEY QUESTIONS ADDRESSED
- How early can the economy reopen from the Covid crisis?
- What is the risk of inflation over the next 12 months?
- What is the latest move on Azerbaijan’s monetary policy?
- What has been the trend in Azerbaijan’s fiscal budget deficit?
- Balance of Payment: Where are the key risks?
- Does Azerbaijan have enough international reserves to service its debt and for import?
- What is the FX risk? How has the currency performed compared to others?
From IMF’s World Economic Outlook Report
- GDP growth
- Inflation
- Population
- Unemployment rate
- Government budget and debt
- Current account
Detailed rankings and scores for Azerbaijan and comparable economies.
- Starting a business
- Dealing with construction permits
- Getting electricity
- Registering property
- Getting credit
- Protecting Minority Investors
- Paying taxes
- Trading across borders
- Enforcing contracts
- Resolving Insolvency