Unemployment in Azerbaijan
Azerbaijan - Unemployment
Recent data suggests that growth strengthened in November, after a lackluster start to the fourth quarter. Economic activity picked up pace bolstered by accelerating growth in the non-oil sector. Despite improving somewhat over the past year, the energy sector remained battered with oil prices falling sharply at the end of 2018. Although oil production picked up modestly in November, according to the energy minister, the rise will likely be short-lived after Azerbaijan agreed to limit oil production in December, along with OPEC and Russia’s output quotas. That said, some analysts doubt if Azerbaijan will meet their obligations to the deal.Azerbaijan - Unemployment Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Unemployment Rate | 5.0 | 4.9 | 5.0 | 5.0 | 5.0 |
Azerbaijan Unemployment Chart
Source: State Statistical Committee
Azerbaijan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.70 | -0.66 % | Jan 14 |
| Stock Market | 0.1 | 0.0 % | Jan 14 |
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