ADB's Work in Azerbaijan
Shareholding and Voting Power
Number of shares held:
47,208 (0.444% of total shares)
86,322 (0.649% of total membership, 0.997% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Azerbaijan joined ADB in 1999.
The bank’s operations are guided by the country partnership strategy, 2019–2023, which supports diversified and inclusive growth in the country. By aiming to boost private sector development, raise public sector efficiency, improve infrastructure, and strengthen human capital, the strategy is closely aligned with the Government of Azerbaijan’s strategic road maps for the national economy and main economic sectors.
ADB and Azerbaijan work together to help the country achieve more diversified, inclusive, and sustainable economic growth.
Since Azerbaijan is a resource-rich, upper middle-income country pursuing an ambitious economic diversification agenda, ADB is emphasizing support for structural reforms, institutional strengthening, expansion of knowledge work, and financing of innovative projects. The bank is also helping the country meet the Sustainable Development Goals and attain its nationally determined contribution under the Paris Agreement of the United Nations Framework Convention on Climate Change.
Since 1999, ADB has committed $4,411.56 million in loans, $32.28 million technical assistance projects, including ADB-administered cofinancing for Azerbaijan.