Unemployment in Azerbaijan

Azerbaijan Unemployment | Economic News & Forecasts

Azerbaijan - Unemployment

Growth kicked into a higher gear than the 2021 average in January-April, largely thanks to stronger activity in the non-oil and gas sector. Despite posting no more than moderate growth at the outset of the year, activity in the oil and gas sector appears to be gaining steam in Q2, on the back of soaring energy prices and as EU countries seek alternatives sources of supply to Russia. This drove an increase in oil and gas investment between January and April, helping to offset a sharp decline in investment in the non-oil and gas sector. However, the war in Ukraine is likely beginning to bite the Azeri economy via soaring inflation and lower remittances inflows from Russia, boding ill for private spending. Meanwhile, Armenia and Azerbaijan are reportedly inching closer to a peace deal, but the status of the disputed Nagorno-Karabakh region remains unresolved.

Azerbaijan - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate5.0  5.0  5.0  4.9  5.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Azerbaijan Unemployment Chart

Azerbaijan Unemployment
Note: Unemployment as % of active population (aop).
Source: State Statistical Committee

Azerbaijan Facts

Value Change Date
Exchange Rate1.70-0.66 %Jan 01
Stock Market0.10.0 %Jan 07

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form