The economy of Azerbaijan is a developing upper-middle-income transition economy that is highly dependent on oil and gas exports, in particular since the completion of the Baku-Tbilisi-Ceyhan Pipeline
Baku, the financial capital of Azerbaijan
Change in per capita GDP of Azerbaijan since 1973. Figures are inflation-adjusted to 2011 International dollars.
Marauder (Mine Protected Vehicle) is manufactured in Azerbaijan.
Azerbaijani students studying in Paris in 1920
The Eurasian Economic Union is an economic union of five post-Soviet states located in Eurasia. The EAEU has an integrated single market. As of 2023, it consists of 183 million people and a gross dome
Economy of Azerbaijan
…billion (2024) Export goods oil and gas, machinery, foodstuffs, cotton Main export partners EU 57.77% Italy 31.9% Greece 4.24% Czechia 4.07% Turkey 18.9% EEU 5.13% Russia 4.35% India 2.71% Israel 2.71% Georgia 2.49% United Kingdom 1.51% (2024) Imports $24.3 billion (2024) Import goods machinery and equipment…
Meeting of the leaders of all 12 countries of the Commonwealth of Independent States (CIS) on 22 February 2008. The CIS initiated the lengthy process of Eurasian integration.
A session of the Supreme Eurasian Economic Council (composed of the union's heads of state) is held at least once every year.
Current decision-making process of the Eurasian Customs Union and the Single Economic Space
The Moscow International Business Center is a commercial district in Moscow that is currently under construction. The complex includes some of Europe's tallest skyscrapers.