Azerbaijan
General information
Capital: Baku
Currency unit: Azerbaijani manat
Area: 86,600 km²
Total population: 10,202,800
GDP (millions of US dollars): 74,316
GDP per capita, PPP (current international US dollars): 25,089
Production
Agriculture (% of GDP): 6.3 %
Manufacture (% of GDP): 5.8 %
Industry excluding manufacture (% of GDP): 41.4 %
Services (% of GDP): 46.5 %
Trade
Total exports (millions of US dollars): 34,113
Total imports (millions of US dollars): 27,339
Main exported goods (% of total exports):
Petroleum oils, oils from bitumin. materials, crude (51.8 %)
Natural gas, whether or not liquefied (29.0 %)
Petroleum oils or bituminous minerals (4.5 %)
Fruits and nuts (excluding oil nuts), fresh or dried (1.9 %)
Arms & ammunition (1.3 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Azerbaijan | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Azerbaijan: 74 | 74 | |
| Real Effective Exchange Rate Azerbaijan: 96 | 96 | |
| Internal Real Exchange Rate Azerbaijan: 108 | 108 |