Azerbaijan and ADB

In the Spotlight

Overview

The incomes of Azerbaijan’s population, on average, rose tenfold between 2001 and 2012, mainly driven by oil revenues. Meanwhile, poverty has dropped significantly over the past decade. The Government of Azerbaijan has set a target for average incomes to reach $13,000 by 2020.

ADB continues to work with Azerbaijan to help achieve development targets and ensure inclusive growth.

Azerbaijan will host ADB's 48th Annual Meeting in Baku from 2-5 May 2015.

View the ADB and Azerbaijan fact sheet.

48th Annual Meeting of the Asian Development Bank  in Baku, Azerbaijan

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Funding Information

Fast Facts

9.42(2013) Population in millions

1.2%(2008-2013) Average annual population growth

6.0(2012) Population living below the national poverty line

Download 2014 Basic Statistics