Economy of Azerbaijan

Imports
Imports commoditiesmachinery and equipment, oil products, foodstuffs, metals, chemicals
Import partnersTurkey 17.8%, Russia 13.7%, China 7.5%, Germany 6.9%, UK 6.8%, Ukraine 5.5%, US 4.9% (2012)
Exports
Exports commoditiesoil and gas 90%, machinery, cotton, foodstuffs
Export partnersItaly 27.1%, France 8.1%, Indonesia 6.9%, Germany 5.9%, Israel 5.4%, India 4.2%, US 4.2% (2012)
Economy sectors
Agriculture productscotton, grain, rice, grapes, fruit, vegetables, tea, tobacco; cattle, pigs, sheep, goats
Industrial productspetroleum and natural gas, petroleum products, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles
Economy
Unemployment6.00 % (2013)5.70 % (2012)6.00 % (2011)
Unemployment of Azerbaijan
GDP - Official Exchange Rate76.0 Billion $ (2013)67.9 Billion $ (2012)66.0 Billion $ (2011)
GDP - Official Exchange Rate of Azerbaijan
GDP growth rate5.80 % (2013)2.20 % (2012)0.10 % (2011)
GDP growth rate of Azerbaijan
GDP per Capita (PPP)10,800 $ (2013)10,400 $ (2012)10,400 $ (2011)
GDP per Capita (PPP) of Azerbaijan
GDP - Purchasing Power Parity103 Billion $ (2013)95.7 Billion $ (2012)94.6 Billion $ (2011)
GDP - Purchasing Power Parity of Azerbaijan
GDP PPP per land area1.19 Million $ per square kilometer (2013)1.11 Million $ per square kilometer (2012)1.09 Million $ per square kilometer (2011)
GDP PPP per land area of Azerbaijan
ElectricityBanking
Central bank discount rate5.00 % (2012)5.25 % (2011)3.00 % (2010)
Central bank discount rate of Azerbaijan
Commercial bank prime lending rate17.0 % (2013)18.5 % (2012)19.0 % (2011)
Commercial bank prime lending rate of Azerbaijan
GDP decomposition by sector
Agriculture % of GDP6.20 % (2013)6.20 % (2012)
Industry % of GDP63.0 % (2013)64.3 % (2012)
Services % of GDP30.8 % (2013)29.4 % (2012)
Tourism
International tourism, number of arrivals1.99 Million (2012)1.56 Million (2011)1.28 Million (2010)
International tourism, number of arrivals of Azerbaijan
International tourism, number of departures3.87 Million (2012)3.55 Million (2011)3.18 Million (2010)
International tourism, number of departures of Azerbaijan
Yearly Tourist arrivals to residents ratio20.9 % (2012)18.7 % (2011)14.1 % (2010)
Yearly Tourist arrivals to residents ratio of Azerbaijan
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)7.50 % of GDP (2013)7.80 % of GDP (2012)5.50 % of GDP (2011)
Public debt (Percentage of GDP) of Azerbaijan
Current Account Balance (Percentage of GDP)21.8 % of GDP (2012)26.0 % of GDP (2011)28.4 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Azerbaijan
External Debt Stocks (Percentage of GNI)16.3 % of GNI (2012)14.8 % of GNI (2011)14.3 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Azerbaijan
Short-term debt (percentage of total external debt)8.77 % of total external debt (2012)10.6 % of total external debt (2011)12.4 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Azerbaijan
Current Account Balance (Total)13.3 Billion $ (2013)15.0 Billion $ (2012)17.2 Billion $ (2011)
Current Account Balance (Total) of Azerbaijan
External Debt (Total)9.55 Billion $ (2013)9.11 Billion $ (2012)4.06 Billion $ (2011)
External Debt (Total) of Azerbaijan
External Debt (Percentage of GDP)12.6 % of GDP (2013)13.4 % of GDP (2012)6.15 % of GDP (2011)
External Debt (Percentage of GDP) of Azerbaijan
External Debt per Capita996 $ (2013)960 $ (2012)484 $ (2011)
External Debt per Capita of Azerbaijan