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.
Projects in the Azerbaijan
Average annual population growth rate in Azerbaijan (2010-2015)
Maternal Mortality Ratio in Azerbaijan, per 100,000 live births (2015)
Population living below the national poverty line in Azerbaijan (2014)
Population in Azerbaijan, in millions (2015)