General profile: Azerbaijan

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
9.725 Millions
1.596 AZN/US$
37 847 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
12.56 %
-2.49 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-20.9 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
7 649
26 476
16 592
13 118
Merchandise imports
4 350
6 746
9 217
8 532
Merchandise trade balance
3 299
19 730
7 376
4 586
Export structure by product group in 2016
(as % of total exports)
1 %1 %9 %9 %80 %80 %4 %4 %6 %6 %
Top 5 partners in 2016
(exports, millions of US$)
2 2531 6361 1579598822 2531 6361 157959882
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
741
2 494
4 444
(e) 4 375
Services imports
2 659
3 929
8 673
(e) 7 527
Services trade balance
-1 917
-1 436
-4 229
(e) -3 152
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
32.3
25.8
34.2
(e) 25.0
Travel
10.5
26.4
52.0
(e) 62.0
Other services
49.4
32.6
12.3
(e) 11.3
TRADE INDICES
More data on UNCTADstat
4974975735739599591 0621 0621 0581 0581 0981 0989279277647641 0861 0868248245435433473471791791401401261261301301001001001001151151851851981981981981921921561561271271901901531531501501371371121129696909087871001004975739591 0621 0581 0989277641 086824543347179140126130100100115185198198192156127190153150137112969087100
ECONOMIC TRENDS
More data on UNCTADstat
-2.5 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
13 245
52 906
53 076
37 847
GDP per capita, current US$
1 551
5 857
5 519
3 892
Real GDP growth, y-on-y, %
27.96
4.62
0.65
-2.49
Current account balance, % of GDP
1.26
28.43
-0.42
-3.66
Exchange rate (/US$)
0.945
0.803
1.025
1.596
GDP by expenditure in 2015
(as % of total GDP)
56.712.427.937.834.856.712.427.937.834.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+6.9 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
1 679.92
563.00
4 047.70
4 500.00
FDI outflows
1 220.77
232.00
3 259.77
2 574.00
Personal remittances, % of GDP
4.71
2.67
2.39
1.73
Financial flows trends
(millions of US$)
642.6642.61 270.01 270.01 846.41 846.41 733.21 733.21 990.21 990.21 893.11 893.11 410.31 410.31 254.61 254.61 518.31 518.31 267.71 267.7790.2790.2623.2623.2227.3227.3170.8170.8181.4181.4104.0104.057.157.14 5004 5004 0484 0484 4304 4302 6322 6322 0052 0051 4651 4655635634734731414-4 749-4 749-584-5841 6801 6803 5563 5563 2853 2851 3921 392227227130130642.61 270.01 846.41 733.21 990.21 893.11 410.31 254.61 518.31 267.7790.2623.2227.3170.8181.4104.057.14 5004 0484 4302 6322 0051 46556347314-4 749-5841 6803 5563 2851 392227130FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
10.03
33.86
2.98
(e) 2.79
Balance, % of imports
19.52
175.03
8.58
(e) 6.38
Normalized balance
0.089
0.467
0.041
(e) 0.031
Trade openness ²
(sum of imports and exports as % of GDP)
90726975778073738896103113
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
52%Male 52%Female
48%Female 48%
OTHER INDICATORS
More data on UNCTADstat
0.039 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
552
663
723
705
Liner shipping connectivity index (maximum 2004 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.01
0.01
0.02
0.03
Share of ICT goods, % of total imports
4.61
3.47
2.84
2.73
Share of workforce involved in the ICT sector
1.42
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 18 April 2018