Posted by Administrator on February 18, 2019 · Leave a Comment
Azerbaijani Economy 2018: Results and Perspectives
Following the recession and stagnation of the economy of Azerbaijan in 2015-2017, a growth of 1.4% was recorded in 2018. Economic growth has been mainly driven by the following factors. Favorable foreign economic environment for Azerbaijan from the context of oil prices: the initial forecast of the oil prices by the Azerbaijani government at the beginning of 2018 was 45 US dollars per barrel. Then,... Read More
Filed under Featured · Tagged with 'Transportation of oil via the Baku-Novorossiysk pipeline is not profitable, 2018 budget Azerbaijan, 2019 budget Azerbaijan, average salary in Azerbaijan, average wage in Azerbaijan, Azerbaijan 2018, Azerbaijan budget 2018, Azerbaijan economy 2018, Azerbaijan GDP 2018, Azerlight price, Azerlight price 2018, Brent price, Brent price 2018, budget 2018 Azerbaijan, Economic Growth, economic problems, economy 2018, Economy of Azerbaijan, GDP in Azerbaijan, oil income 2018, oil income in Azerbaijan, wage
Posted by Administrator on January 16, 2015 · Leave a Comment
Azerbaijan Economy in 2014
Decline of oil price in the world market was the main character of Azerbaijan economy in 2014. As an oil exporter country, Azerbaijan might face the effects of a sharp fall in oil revenue after oil price decline in the world market. Azerbaijan is heavily dependent on oil and natural gas export revenues. In fact, 2014 was somehow successful for Azerbaijan economy since the country was able to reserve growth in the almost... Read More
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