Data at glance of Azerbaijan - average on period

variable 1991-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth -2.59 16.5 7.13 0.88 5.62 4.71 1.35 4.1 3.52
CPI % 71.29 8.59 3.59 4.98 6.66 13.86 8.81 2.2 5.7
Unemployment rate 11.78 8.02 5.69 5.26 6.04 5.65 5.46 5.39 5.33
Debt/GDP % 16.7 8.07 4.85 14.43 26.35 17.32 21.81 20.85 21.02
Current account balance/GDP % -15.89 1.13 25.7 9.93 15.12 29.79 11.5 7.83 7.79

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Azerbaijan -- a secular nation with a majority-Turkic and majority-Shia Muslim population -- was briefly independent (from 1918 to 1920) following the collapse of the Russian Empire; it was subsequently incorporated into the Soviet Union for seven decades. Beginning in 1988, Azerbaijan and Armenia fought over the Nagorno-Karabakh region, which was populated largely by ethnic Armenians but incorporated into Soviet Azerbaijan as an autonomous oblast in the early 1920s. In the late Soviet period, an ethnic-Armenian separatist movement sought to end Azerbaijani control over the region. Fighting over Nagorno-Karabakh escalated after Armenia and Azerbaijan gained independence from the Soviet Union in 1991. By the time a ceasefire took effect in 1994, separatists with Armenian support controlled Nagorno‑Karabakh and seven surrounding Azerbaijani territories. After decades of cease-fire violations and sporadic flare-ups, a second sustained conflict began in 2020 when Azerbaijan tried to win back the territories it had lost in the 1990s. After significant Azerbaijani gains, Armenia returned the southern part of Nagorno-Karabakh and the surrounding territories to Azerbaijan. In September 2023, Azerbaijan took military action to regain the rest of Nagorno-Karabakh; after a conflict that lasted only one day, nearly the entire ethnic Armenian population of Nagorno-Karabakh fled to Armenia.Since gaining its independence in 1991, Azerbaijan has significantly reduced the poverty rate and has directed some revenue from its oil and gas production to develop the country’s infrastructure. However, corruption remains a burden on the economy, and Western observers and members of the country’s political opposition have accused the government of authoritarianism. The country’s leadership has remained in the ALIYEV family since Heydar ALIYEV, the most highly ranked Azerbaijani member of the Communist Party during the Soviet period, became president during the first Nagorno-Karabakh War in 1993. 

Environment

Area: 86,600 km2

Climate: dry, semiarid steppe

Natural resources: petroleum, natural gas, iron ore, nonferrous metals, bauxite

Ethnic characteristics

Groups: Azerbaijani 91.6%, Lezghin 2%, Russian 1.3%, Armenian 1.3%, Talysh 1.3%, other 2.4% (2009 est.)note: Nagorno-Karabakh, which is part of Azerbaijan on the basis of the borders recognized when the Soviet Union dissolved in 1991, was populated almost entirely by ethnic Armenians; Azerbaijan has over 80 ethnic groups

Languages: Azerbaijani (Azeri) (official) 92.5%, Russian 1.4%, Armenian 1.4%, other 4.7% (2009 est.)major-language sample(s): Dünya fakt kitabı, əsas məlumatlar üçün əvəz olunmaz mənbədir (Azerbaijani)The World Factbook, the indispensable source for basic information.note: Russian is widely spoken

Religions: Muslim 97.3% (predominantly Shia), Christian 2.6%, other <0.1, unaffiliated <0.1 (2020 est.)note: religious affiliation for the majority of Azerbaijanis is largely nominal, percentages for actual practicing adherents are probably much lower

Government

Capital: Baku (Baki, Baky)

Government type: presidential republic

Executive branch

Chief of state: President Ilham ALIYEV (since 31 October 2003)

Head of government: Prime Minister Ali ASADOV (since 8 October 2019)cabinet: Council of Ministers appointed by the president and confirmed by the National Assemblyelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds (if needed) for a 7-year term; a single individual is eligible for unlimited terms; prime minister and first deputy prime minister appointed by the president and confirmed by the National Assemblymost recent election date: 7 February 2024election results: 2024: Ilham ALIYEV reelected president; percent of vote - Ilham ALIYEV (YAP) 92.1%, Zahid ORUJ (independent) 2.2%; on 16 February 2024, Ali ASADOV reappointed prime minister by parliamentary vote, 105-12018: Ilham ALIYEV reelected president in first round; percent of vote - Ilham ALIYEV (YAP) 86%, Zahid ORUJ (independent) 3.1%, other 10.9%expected date of next election: 2031

Legislative branch

Description: legislature name: National Assembly (Milli Majlis)legislative structure: unicameralnumber of seats: 125 (all directly elected)electoral system: plurality/majorityscope of elections: full renewalterm in office: 5 yearsmost recent election date: 9/1/2024parties elected and seats per party: New Azerbaidjan Party (YAP) (68); Independents (44); Other (13)percentage of women in chamber: 20.8%expected date of next election: November 2029

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"