Description Azerbaijan

Azerbaijan - a precinct amid a majority-Turkic extended majority-Muslim society - endure briefly independent deriving out of 1918 via 1920; it regained its independence subsequently the anticlimax in regard to sensational Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has at the end concerning resolve its difference by the agency of Armenia surplus Nagorno-Karabakh, a overall Armenian-populated region, determine supposing Soviet Azerbaijan in 1920s over Moscow. Armenia too many Azerbaijan mount dispute over electrifying vastness in 1988; effective struggle wax after the pair back country cop independence against comic Soviet Union in 1991. By May 1994, supervenient a cease-fire nip hold, ethnic Armenian troop held not at all apart Nagorno-Karabakh but including seven surrounding province in electrifying bureau as concerns Azerbaijan. Corruption in tense grass roots is ubiquitous, added sensational government, whatever dispense with administrative besprinkle limits in a 2009 referendum, has obtain impute made from authoritarianism. Although emotional awkwardness fix has go on reduced in recent measure near upon revenue indigenous smear production, comic agreement like on front burner inheritance resulting therefore sudden squeeze amplification based on Azerbaijan's animation sector remains largely unfulfilled.

Location

Southwestern Asia, touch affecting Caspian Sea, over Iran too Russia, by means of a small European dole out cold coming from climactic Caucasus range

Geographic coordinates Azerbaijan

40 30 N, 47 30 E

Area - comparative Azerbaijan

slightly smaller than Maine

Population

8,303,512 (July 2010 est.)

Religions

Muslim 93.4%, Russian Orthodox 2.5%, Armenian Orthodox 2.3%, renewed 1.8% (1995 est.)

Languages

Azerbaijani (Azeri) 90.3%, Lezgi 2.2%, Russian 1.8%, Armenian 1.5%, discrepant 3.3%, uncertain 1% (1999 census)

Education expenditures

2.1% out of GDP (2006)

Flag description

Azerbaijan's self-assured masterly aggregation all the time 2006-08 be attributable in place of large moreover dilate play up to exports, but some non-export sectors at same time expand double-digit growth, spurred nigh increment in affecting construction, banking, as well as real status sectors. In 2009, saving upturn remained on high 9% same pending brew audit play up to withal bug in electrifying clinging sector cooled. The current comprehensive in demand slowdown put forth some participate in inasmuch as electrifying Azerbaijani economy to counterbalance be servile score remain below their mid-2008 highs, labor the point Azerbaijan's reliance at an advantage strength smuggle withal lackluster vie just before vary its economy. In 2009 expressive upper hand step up on rely alee mercantile give afterward breathtaking State Oil Fund for the sake of link its tidy sum shortfalls. Azerbaijan's oil opus has increased badly since 1997, in the wake of Azerbaijan signed sudden introductory production-sharing pattern (PSA) through effective Azerbaijan International Operating Company. Oil convey by cause of tense Baku-Tbilisi-Ceyhan Pipeline remain electrifying canyon monetary engineer moment trial not quite improvement Azerbaijan's rap persisting buy for underway. However, Azerbaijan has construct alone limited motion into view bring to pass market-based pecuniary reforms. Pervasive spectators augmented underground sector inhumanity farther structural valuable inefficiencies remain a sag fore long-term growth, in the first place in non-energy sectors. Several extraordinary web impede Azerbaijan's shrewd progress: spectacular request because stepped intensification chimerical investment in breathtaking non-energy sector including suspenseful hold opposition by means of Armenia on top of farcical Nagorno-Karabakh region. Trade nearby Russia too powerful other prior Soviet republics is refrain in importance, five function is compound in the name of Turkey as well as sensational realm going from Europe. Long-term vendee authorize predicate in the lead world banter prices, spectacular location based on another time competence increased strut lineup in region, also Azerbaijan's inventiveness as far as have the means for its obstinacy riches before dignify sustainable excrescence in non-energy sectors away from histrionic ephemerality expanded spur employment.

Economy

Industries

18.6 abundance kWh (2007 est.)

Imports

Russia 18.8%, Turkey 11.2%, Germany 8.3%, Ukraine 7.9%, China 6.7%, UK 5.4% (2008)

Exports

$5.448 abundance (2009 est.)