Azerbaijan, is a country located at Western Asia, it has an area of 86,600 Km2.

Azerbaijan, with a population of 10,224,889 people, it is ranked at 95º position by population of 196 countries and has a population density of 118 people per km2.

It's capital is Baku and its currency is Manat

Azerbaijan is holding the 86 position by nominal GDP. Its national debt in 2024 was 14,885 millions of euros (16,106 millions of dollars), ( 21.67% debt-to-GDP ratio) and its public debt per capita is €1,456 euros per inhabitant$1,575 dollars per inhabitant.

In terms of the human development index (HDI) of Azerbaijan, which is the index used by the United Nations to measure the progress of a country, was 0.76 points in 2022, leaving it in 89th place in the table of 193 countries published.

If the reason to visit Azerbaijan are business, you must know it's in the 28th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Azerbaijan, if you want to see information about other countries click here

Baku: Monthly Temp.
Baku: Monthly Rainfall
Azerbaijan Economy
Gouvernement
GDP Growth (%) [+]20244.1%
Annual GDP [+]2024€68,680M
Annual GDP [+]2024$74,316M
GDP per capita [+]2024€6,701
GDP per capita [+]2024$7,251
Debt (M.€.) [+]202414,885
Debt ($M) [+]202416,106
Debt (%GDP) [+]202421.67%
Debt Per Capita [+]2024€1,456
Debt Per Capita [+]2024$1,575
Deficit (M.€) [+]20242,786
Deficit ($M) [+]20243,015
Deficit (%GDP) [+]20244.06%
Expenditure (M.€) [+]202423,289.1
Expenditure ($M) [+]202425,200.0
Education Expenditure (M.€) [+]20232,453.6
Education Expenditure ($M) [+]20232,651.1
Education Expenditure (%Bud.) [+]202511.92%
Gov. Health Exp. (M.€) [+]2023932.8
Gov. Health Exp.($M) [+]20231,009.3
Gov. Health Exp. (%Bud.) [+]20234.26%
Defence Expenditure (M.€) [+]20243,429.2
Defence Expenditure ($M) [+]20243,710.5
Defence Expenditure (%Bud.) [+]202415.23%
Expenditure (%GDP) [+]202433.91%
Expenditure Per Capita [+]2024€2,278
Expenditure Per Capita [+]2024$2,465
Education Expenditure P.C [+]2023€242
Education Expenditure P.C [+]2023$262
Gov. Health Exp. P.C. [+]2023€90
Gov. Health Exp. P.C. [+]2023$98
Defence Expenditure P.C. [+]2024€335
Defence Expenditure P.C. [+]2024$362
Moody's Rating [+]07/04/2025Baa3
S&P Rating [+]12/05/2025NR
Fitch Rating [+]04/10/2020BB+
Corruption Index [+]202323
Competitiveness Ranking [+]201958º
Fragile States Index [+]202472.8
RTI Raking [+]202450º
Innovation Ranking [+]202495º
Labour
Unemployment rate [+]2016Q45.0%
Unemployed [+]2016Q4253K
NMW [+]2024$202.9
NMW [+]2024€183.8
Human Capital Ranking [+]201654º
Markets
Euro / Manat [+]11/16/20241.7918
US Dollar exchange rate [+]11/16/20241.7000
Money Market
Key rates [+]02/05/20266.50%
Business
Doing Business [+]202028º
Passengers vehicles Year [+]December 20196,046
Annual Vehicles/ 1,000 p. [+]December 20190.67
Vehicles / 1,000 people [+]2015134.14
Taxes
Tax Revenue (%GDP) [+]202323.0%
Trade
Annual arrivals [+]20221,508,000
Exports [+]2023€31,349.9M
Exports [+]2023$33,898.6M
Exports % GDP [+]202346.82%
Imports [+]2023€15,985.7M
Imports [+]2023$17,285.3M
Imports % GDP [+]202323.87%
Trade balance [+]2023€15,364.2M
Trade balance [+]2023$16,613.3M
Trade balance % GDP [+]202322.94%
Socio-Demography
Density [+]2024118
Global Peace Ranking [+]2024106º
Crude divorce rate [+]20221.60‰
Remittance received ($M) [+]20171,050.3
% Immigrant [+]20202.49%
% Emigrant [+]202011.50%
Birth Rate [+]202410.00‰
Remittance sent ($M) [+]2017285.0
Crude death rate [+]20245.80‰
Fertility Rate [+]20231.55
Crude marriage rate [+]20226.10‰
% risk of poverty [+]20126.0%
Population [+]202410,224,889
Immigrant stock [+]2020252,228
Emigrant stock [+]20201,163,922
HDI [+]20220.760
Gender Gap Ranking [+]2024103º
Life expectancy [+]202374.43
Suicides [+]2015319
Suicide rate [+]20153.28
Number of homicides [+]2024206
Rate Homicides per 100.000 [+]20232.16
Energy and Environment
CO2 Tons per capita [+]20234.14
Annual crude oil production [+]2024591
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202323,857
Generation GWh [+]202329,088
Others
COVID-19 - Deaths [+]02/08/202610,353
COVID-19 - Confirmed [+]02/08/2026836,510
Fully vaccinated [+]08/28/20224,862,494
COVID-19 - Deaths per million population [+]02/08/20261,012.53
Doses administered [+]08/28/202213,857,111