Azerbaijan and ADB

The ADB–Azerbaijan partnership supports the private sector, realizes green energy initiatives, raises public sector efficiency, improves infrastructure, and strengthens human capital.

In the Spotlight


Azerbaijan Facts

ADB's Work in Azerbaijan

The Asian Development Bank (ADB) is one of Azerbaijan’s key sources of official development assistance. ADB operations implemented under the country partnership strategy, 2019–2023, helped boost private sector development, raise public sector efficiency, improve infrastructure, and strengthen human capital. The strategy was closely aligned with the government’s strategic road maps for the national economy and main economic sectors. A new country partnership strategy for 2024–2028 is expected to be implemented by 2025.

As of 31 December 2023, ADB has committed 68 public sector loans, grants, guarantees, and technical assistance totaling $4.2 billion to Azerbaijan.


Data: Azerbaijan

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

Development indicators for Azerbaijan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.


ADB Projects in Azerbaijan View all projects


Contact: Azerbaijan Resident Mission (AZRM)

45 A. Khagani Street, Landmark II Building, 4th Floor, Baku, AZ1010, Azerbaijan

Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)

Tel +994 12 4373477
Fax +994 12 4373475

Candice McDeigan (Ms)
Country Director/Head of Mission
Sanan Shabanov (Mr)
Senior Investment Officer, Private Sector, Financial Institutions, SOEs and PPPs
Sabina Jafarova (Ms)
Senior Project Officer/NGO Focal Point
Yuliya Hagverdiyeva (Ms)
Associate Operations Analyst/External Relations Focal Point

The Azerbaijan Resident Mission (AZRM) was opened in 2004. Located in Baku, Azerbaijan, AZRM's responsibilities include:

  • Country reporting
  • Country strategy and program formulation
  • Coordination ADB's activities with the government, donors, NGOs, academic institutions, private sector, and other members of civil society
  • Financial and administrative activities, project administration support, economic and sector work, and programming support
  • External relations and information dissemination
  • Portfolio management and annual/quarterly portfolio reviews

AZRM will be closed on these dates:

Last updated: 29 January 2024