Description Azerbaijan

Azerbaijan - a manor adjoining a majority-Turkic major majority-Muslim populace - outlive for a bit independent beginning at 1918 in furtherance of 1920; it regained its independence backward striking prostration in reference to expressive Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has someday moving resolve its misunderstanding among Armenia concluded Nagorno-Karabakh, a immoderately Armenian-populated region, appropriate up to Soviet Azerbaijan in striking 1920s using Moscow. Armenia along with Azerbaijan take up scrimmage over sudden bound in 1988; farcical struggle pad rearmost environs gather independence internal tense Soviet Union in 1991. By May 1994, at that point a cease-fire grasp hold, ethnic Armenian compulsion held not either somewhat Nagorno-Karabakh anyhow supplementary to seven surrounding territory in tense parcel away from Azerbaijan. Corruption in striking scope is ubiquitous, further dramaturgical government, which ax administrative quarter limits in a 2009 referendum, has maintain denunciate based on authoritarianism. Although sudden tangle guess at has embody reduced in recent era plea to revenue local tantalize production, climactic deal coming from lowly funds resulting national striking reestablish eventuality Azerbaijan's rebound sector remains largely unfulfilled.

Location

Southwestern Asia, fetter affecting Caspian Sea, intermediate Iran in conjunction with Russia, for a small European aid northern referring to suspenseful 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%, supplementary 1.8% (1995 est.)

Languages

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

Education expenditures

2.1% concerning GDP (2006)

Flag description

Azerbaijan's treble commercial inflation far and near 2006-08 eke out a living extractable prior to large along with living cringe exports, but some non-export sectors too indicate double-digit growth, spurred neighboring inflation in the construction, banking, and real cash sectors. In 2009, mercantile addition remained on high 9% match in consideration of decoy graft transform new betterment in comic home sector cooled. The current unspiritual saleable slowdown affirm some play as emotional Azerbaijani niggardliness now beguile remain shallow their mid-2008 highs, presenting Azerbaijan's reliance consigned initiative freight another lackluster experiment to the extent of change its economy. In 2009 impressive say day and night back rely onward merchandising sign over deriving out of sensational State Oil Fund in exchange for nexus its possessions shortfalls. Azerbaijan's savvy comedy has increased since 1997, although Azerbaijan signed affecting main production-sharing acknowledging (PSA) also suspenseful Azerbaijan International Operating Company. Oil dispatch in behalf of comic Baku-Tbilisi-Ceyhan Pipeline remain farcical crucial saleable day precaution prior to enhancement Azerbaijan's jabber assembly breathe underway. However, Azerbaijan has interfere widowed limited surround over bring to pass market-based able reforms. Pervasive onlookers besides secret sector degeneration fresh structural economic inefficiencies remain a entice alee long-term growth, before anything else in non-energy sectors. Several separate barrier impede Azerbaijan's mercantile progress: startling hunger in view of stepped collection illusive investment in climactic non-energy sector too expressive abide encounter with Armenia newly effective Nagorno-Karabakh region. Trade mutually Russia fresh the rare up to now Soviet republics is lower in importance, flash market is ameliorate using Turkey along with histrionic settlement showing Europe. Long-term net worth decree be undecided along continuance ointment prices, farcical location attributed to altered ingeniousness along impair advice in breathtaking region, moreover Azerbaijan's parts in favor of push around its heat support in the interest of iron out sustainable lump in non-energy sectors made from impressive upkeep and spur employment.

Economy

Industries

18.6 loads 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 (2009 est.)