oil_economy_Azerbaijan

A decline in the Central Bank’s reserves and growth in demand for foreign currency in Azerbaijan: What’s next?

A decline in the Central Bank’s reserves and growth in demand for foreign currency in Azerbaijan: What’s next? Demand for foreign currency auctions is increasing, foreign currency reserves of the Central Bank are decreasing and the Manat money base is getting smaller. These developments occurrence raises a question in the minds of stakeholders: will the […]

About CESD

The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

News

azerbaijan_economy

The Azerbaijani economy in the first two months of 2018: Brief Overview

The Azerbaijani economy in the first two months of 2018: Brief Overview CESD – the Center for Economic and Social Development – concluded its macro-economic survey results for the first two months of 2018. According to the State Statistic Committee of Azerbaijan, Gross Domestic Product (GDP) increased by 1.3% in January-February 2018 compared with the […]

oil_last

Sharp decline in Azerbaijani oil export in January 2018

Sharp decline in Azerbaijani oil export in January 2018 Azerbaijani oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline fell by 33 percent in January 2018 compared January 2017. The country exported 1.6 million tons oil last month through the indicated pipeline which 0.8 million tons less than compared with the same month in 2017. Azerbaijan exported […]

oil_fund

The Economy of Azerbaijan in 2017: Assessment and Recommendations

The Economy of Azerbaijan in 2017: Assessment and Recommendations The year 2017 posed severe challenges for the economy of Azerbaijan, as it experienced a 3.1% decline in 2016, its first negative GDP growth since 1995. According to initial estimations of EBRD, the economy was expected to experience another negative GDP growth equal to 0.5% in […]

debt_02

Foreign debt of Azerbaijan in 2018: realities and perspectives

Foreign debt of Azerbaijan in 2018: realities and perspectives Azerbaijani foreign debt reached $9.398 billion USD, or 15.978 billion manat, on January 1st, 2018, according to the Ministry of Finance of the Republic of Azerbaijan. GDP reached 70.135 billion manat in the reporting period, leading the share of foreign debt in Azerbaijani Gross Domestic Production […]