Azerbaijan is located on the southeastern part of the Caucasus, which stretches for more than 800 kilometers from the Black to the Caspian Sea. Lying at the crossroads of Europe and Asia, the country is uniquely positioned, and retains great significance for world economic and cultural links.

Ministry of Foreign Affairs

Economic Outlook

Highlights from the Asian Development Outlook 2014:

Growth accelerated to 5.8% in 2103 from 2.2% a year earlier, reflecting recovery in the oil sector and continued growth in the rest of the economy. Declining oil prices squeezed export earnings and narrowed the current account surplus to 16.7% of GDP. Growth is projected to moderate to 4%-5% in 2014 and 2015 as industry grows more slowly. Read more.

More economic and social indicators for Azerbaijan from the World Bank's World Development Indicators online.

Human Development

The United Nations Development Programme's Human Development Report program has prepared a series of reports on Azerbaijan.

Partner Institutions and Azerbaijan