Republic of Azerbaijan
Capital
Baku
Region
Asia
Population
10,241,722
Area (km²)
86,600
Azerbaijan, nestled in Asia with its vibrant capital Baku, spans 86,600 km² and is home to a population of 10,241,722 people. Known for its strategic location at the crossroads of Europe and Asia, the country thrives on oil-rich resources, though current GDP data is unavailable. From ancient fire temples to modern skyscrapers, Azerbaijan blends rich history with Caspian Sea allure, making it a fascinating blend of cultures.
Azerbaijan boasts a near-perfect literacy rate, comparable to highly developed nations. However, this educational achievement contrasts sharply with its moderate GDP per capita and relatively high inflation, suggesting challenges in translating human capital into broad economic prosperity.
The fertility rate of 1.55 is significantly below the replacement level (2.1), indicating that Azerbaijan's population is aging and will likely begin to shrink or require net migration to maintain its current size in the long term. This is a common pattern in post-Soviet and European countries.
Azerbaijan has achieved 100% access to electricity, a major infrastructure milestone often seen only in the most developed nations. This high level of infrastructure penetration is likely supported by its significant oil and gas resources.
The economy is experiencing modest growth (1.354%), which is insufficient to absorb the high inflation rate (8.785%). This suggests that real wages and purchasing power for citizens are likely declining, posing a significant challenge to economic stability.
GDP (Current US$)
$72.43B
Year: 2023
GDP Per Capita
$7,133.03
GDP Growth (%)
1.35%
Inflation (%)
8.79%
Unemployment (%)
5.64%
Debt to GDP (%)
N/A%
Source: World Bank • Last updated: 1/23/2026
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