Azerbaijan
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Azerbaijan
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Baku
Azerbaijan
Azerbaijani
10,412,651
AZN
Manat
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
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<Economy>
Azerbaijan has a strong and growing economy, with a GDP of $45.2 billion in 2019. This is a 4.2% increase from 2018, and the country is expected to continue to grow in the coming years. The country has a diversified economy, with the main industries being oil and gas, agriculture, and tourism. The oil and gas sector accounts for around 40% of the country’s GDP, while agriculture and tourism make up around 10% each. The country also has a strong manufacturing sector, with exports of machinery, food products, and textiles. The unemployment rate in Azerbaijan is 5.2%, which is lower than the global average. The country also has a low inflation rate of 2.2%, which is well below the global average. Overall, Azerbaijan has a strong and growing economy, and is expected to continue to grow in the coming years.