$4,721

2018 GDP per capita (current US$)

1.4%

2018 GDP Growth (Real)

10m

Population

19%

2018 Gross Debt/GDP

A few facts

The first commercial oil well in the world was drilled in 1846.

Baku, with an estimated population of 3 million, is the largest port on the Caspian Sea, and is thought to be 5,500 years old.

The Southern Gas Corridor between Azerbaijan and Europe will soon provide a further source of revenue.

Opportunities

The Azeri stock market is still in its infancy. There is a sizeable pipeline of IPOs expected over the next few years.

Private equity and debt restructuring offer significant upside potential.

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