Azerbaijan Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Azerbaijan; country and population overview
In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.
US$ 15.176 billion (Source: World Bank; Data updated: 2013)
US$ 79 billion (2014 estimate)
110 billion of International dollars (2014 estimate)
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
| 10.5% | 10.2% | 26.4% | 34.5% | 25.0% | 10.8% | 9.3% | 5.0% |
| 2011 | 2012 | 2013 | 2014* | ||||
| 0.1% | 2.2% | 5.8% | 5.0% |
*Estimate
US$ 8,458 (2014 estimate)
$11,676 International Dollars (2014 estimate)
| 1980 | 1990 | 2000 | 2010 | 2014* |
| N/A | N/A | 0.05% | 0.12% | 0.12% |
*Estimate
| 2011 | 2012 | 2013 | 2014* |
| 7.9% | 1.0% | 2.4% | 3.5% |
*Estimate
| 2011 | 2012 | 2013 | 2014* |
| 6% | 6% | 6% | 6% |
*Estimate
| 2010 | 2011 | 2012 | 2013 | 2014* |
| 11.1% | 10.1% | 11.6% | 13.8% | 15.6% |
*Estimate
| 2010 | 2011 | 2012 | 2013 | 2014* |
| 14% | 11.6% | 3.8% | 0.8% | 0.2% |
*Estimate
Standard & Poor's: BBB-
Moody's rating: Baa3
Moody's outlook: STA
(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)
| 2009 | 2010 | 2011 |
| N/A | N/A | N/A |
US$ 11.914 billion (2014 estimate)
15.012% of GDP (2014 estimate)
48.7% (2013)
(Data released on Oct 2014)
0.18% (2012)
(Data were released in March 2014)
0.09% (2012)
(Data were released in 2014)
machinery and equipment, oil products, foodstuffs, metals, chemicals
Italy 25%, Indonesia 11.6%, Thailand 7%, Germany 5.7%, Israel 5.3%, France 4.7%, India 4.6%, Russia 4.5%, USA 4.1% (2013 est.)
Russia 14.1%, Turkey 13.7%, UK 12.5%, Germany 7.7%, Ukraine 5.5%, China 5.3%, France 4% (2013 est.)
| 2011 | 2012 | 2013 | |
| US$ 1,465 million | US$ 2,005 million | US$ 2,632 million |
| 2011 | 2012 | 2013 | |
| US$ 533 million | US$ 1,192 million | US$ 1,490 million |
| 2010 | 2011 | 2012 | 2013 |
| US$ 0 | US$ 2 million | US$ 748 million | US$ 0 |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 70 out of 189 countries (2013)
Subcategories:
Starting a business: 10 out of 189 countries
Enforcing Contracts: 28 out of 189 countries
Registering Property: 13 out of 189 countries
Getting credit: 55 out of 189 countries
Protecting investors: 22 out of 189 countries
Trading across border: 168 out of 189 countries
Paying Taxes: 77 out of 189 countries
Dealing with Construction Permits: 180 out of 189 countries
Getting Electricity: 181 out of 189 countries
Resolving Insolvency: 86 out of 185 countries
(2013)
38
(2014-2015)
Ranking: 81 Score: 61.3 (Moderately Free) (2014)
(100=totally free 0=totally repressed )
Azerbaijani (Azeri) (official) 92.5%, Russian 1.4%, Armenian 1.4%, other 4.7% (2009 est.)
Muslim 93.4%, Russian Orthodox 2.5%, Armenian Orthodox 2.3%, other 1.8% (1995 estimate)
| 1990 | 2000 | 2010 | 2014* | 2019** |
| N/A | 8.033 million | 8.998 million | 9.383 million | 9.765 million |
*Estimate **Forecast
| 1960 | 1980 | 2000 | 2013 |
| 47.7% | 53% | 51% | 54% |
2.4% (2008)
33.0 (2008)
(0=perfect equality, 100=absolute inequality)
Political Rights: 6
Civil Liberties: 6 (2014)
(1 represents the most free, 7 the least free)
Fixed 18.7% Mobile 107.6%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)
58.70% (2013)
Baku 46th (2014)
5.1 (2010)