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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 ADB country partnership strategy, 2014–2018 for Azerbaijan aims to diversify the economy, foster new economic opportunities, promote inclusive growth, and reduce disparities between urban and rural areas.

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

Read the fact sheet: ADB and Azerbaijan


Projects in the Azerbaijan