Azerbaijan


Currency

The official currency of Azerbaijan is called Manat (code: AZN).

Capital

Baku

Location

Azerbaijan is is bounded by the Caspian Sea and Caucasus mountains, which span Asia and Europe.


Azerbaijan Location

Population

Estimated population (2014): 9,535,100

Estimated population (2000): 8,073,600

Estimated population (1950): 2,896,200

Flag


Azerbaijan Flag

Economy

The economy of Azerbaijan is primarily based on oil and natural gas. Large oil reserves are a major contributor to the economy. The government of Azerbaijan has undertaken regulatory reforms in some areas, including substantial opening of trade policy. The government has largely completed privatization of agricultural lands and small and medium-sized enterprises. In August 2000, it launched a second-stage privatization program, in which many large state enterprises will be privatized.


Baku (capital of Azerbaijan) is a popular tourist destination


Baku

Azerbaijan

Baku