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Azerbaijan and ADB

In the Spotlight

Azerbaijan’s gross national income per capita has increased approximately tenfold in a decade and a half. This robust growth has been largely driven by the extraction and processing of fossil fuels, along with high levels of public expenditure.

The cross-cutting priorities mainstreamed in the strategic pillars of the country partnership strategy (CPS), 2019-2023 are: accelerating progress in gender equality; tackling climate change and enhancing environmental sustainability; fostering regional cooperation and integration; strengthening governance and institutional capacity; and promoting public-private partnerships.

Azerbaijan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.

Read the fact sheet: ADB and Azerbaijan


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