Economics - 2016
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The US News & World Report in cooperation with the consulting company BAV Consulting and the University of Pennsylvania rated 60 "best countries of the world." Azerbaijan took the 53rd place there....
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Azerbaijan for the first time has been included in the rating of International Property Rights Index compiled by the international organization Property Rights Alliance. Of the 129 countries in...
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On 22 January the Central Bank held a regular exchange auction, the bank said. The Central Bank auctioned $200 million, and the auction was attended by 29 banks. Only $98.217 million were sold. Th...
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The amount of finished housing handed over to customers reduced last year. According to State Statistics Committee, by January 1, 1,927,200 sq. m of housing was put into operation (minus 12.3% to...
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In 2015, the volume of gross domestic product (the main indicator of the national economy) in Azerbaijan amounted to 54 billion 352.1 million manats. The State Statistics Committee estimated that i...
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In 2015, exports of non-oil products from Azerbaijan amounted to $ 1,606.7 million, which is 8.4% less than in the previous year. This reduces not only the export of oil, gas and oil derivatives, but...
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Azerbaijani authorities in the fall of oil prices do not intend to make additional efforts to support the national currency and will not privatize the State Oil Company (SOCAR) - a strategic asset, P...
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The Ministry of Finance distributed the information on the operational report on execution of the state budget of Azerbaijan in 2015. According to him, revenues, performed by 88.2%, were at the le...
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In 2015 incomes of SOFAZ from the Shah Deniz gas project totaled $323 million. Turan reported that during 2014 the Oil Fund received $523 million from sale of natural gas and condensate extract...
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In 2015 incomes of SOFAZ from the Azeri-Chirag-Guneshli (ACG) project totaled $6.9 billion. During 2014 Oil Fund received $15,118,000,000 from sale of profitable oil of the state. Therefore, du...





