AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompareEmigrants Remittance received Azerbaijan vs Iceland comparison Azerbaijan Iceland Gouvernement18,283K2023Q3Qu. GDP Per Capita [+]Annual GDP [+]2023€66,873M€28,975M2023Annual GDP [+]Annual GDP [+]2023$72,356M$31,020M2023Annual GDP [+]GDP per capita [+]2023€6,569€76,3502023GDP per capita [+]GDP per capita [+]2023$7,107$77,7562023GDP per capita [+]€7,089M2023Q3Quarterly GDP [+]Debt (M.€.) [+]202212,95518,3482022Debt (M.€.) [+]Debt ($M) [+]202213,65319,3362022Debt ($M) [+]Debt (%GDP) [+]202217.34%68.90%2022Debt (%GDP) [+]Debt Per Capita [+]2022€1,279€47,3182022Debt Per Capita [+]Debt Per Capita [+]2022$1,348$49,8672022Debt Per Capita [+]Deficit (M.€) [+]20224,459-5822023Deficit (M.€) [+]Deficit ($M) [+]20224,699-6292023Deficit ($M) [+]Deficit (%GDP) [+]20225.97%-2.00%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202219,576.412,946.72023Expenditure (M.€) [+]Expenditure ($M) [+]202220,631.113,999.32023Expenditure ($M) [+]Education Expenditure (M.€) [+]20222,169.21,948.92022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,286.12,049.22022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]20222.90%14.90%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]2021687.22,166,188,898.32023Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]2021812.02,081.02021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]20214.59%16.37%2021Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]20223,395.702019Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20223,578.602019Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]202214.92%0%2020Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202226.21%45.10%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€1,933€32,4532023Expenditure Per Capita [+]Expenditure Per Capita [+]2022$2,037$35,0912023Expenditure Per Capita [+]Education Expenditure P.C [+]2022€214€5,2662022Education Expenditure P.C [+]Education Expenditure P.C [+]2022$225$5,3262022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2021€67€5,5862023Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2021$79$5,6192021Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2022€334€02019Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$352$02019Defence Expenditure P.C. [+]Moody's Rating [+]07/05/2024Ba1A207/14/2023Moody's Rating [+]S&P Rating [+]01/22/2021BB+A+11/10/2023S&P Rating [+]Fitch Rating [+]04/10/2020BB+A05/22/2020Fitch Rating [+]Corruption Index [+]202223742022Corruption Index [+]Competitiveness Ranking [+]201958º26º2019Competitiveness Ranking [+]Fragile States Index [+]201874.620.32018Fragile States Index [+]RTI Raking [+]202220º112º2022RTI Raking [+]Innovation Ranking [+]201882º23º2018Innovation Ranking [+]Labour3.1%July 2024Unemployment Rate [+]Unemployment rate [+]2016Q45.0%4.4%2024Q1Unemployment rate [+]Unemployed [+]2016Q4253K10K2024Q1Unemployed [+]NMW [+]2022$176.5$2,720.32022NMW [+]NMW [+]2022€155.7€2,493.22022NMW [+]$80,2402023Average Wage [+]€74,2072023Average Wage [+]Human Capital Ranking [+]201654º21º2017Human Capital Ranking [+]MarketsEuro / Manat [+]09/06/20241.8896153.300009/06/2024Euro / Icelandic kronas [+]US Dollar exchange rate [+]09/06/20241.7000138.070009/06/2024US Dollar exchange rate [+]-4.59%09/06/2024Stock ExchangeYTD % [+]Prices6.0%August 2024CPI (overall index) [+]5.1%July 2024HICP [+]Money MarketKey rates [+]05/02/20247.25%9.25%08/23/2023Key rates [+]BusinessDoing Business [+]202028º26º2020Doing Business [+]Passengers vehicles Year [+]December 20196,04616,627December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 20190.6747.75December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2015134.14695.182021Vehicles / 1,000 people [+]Taxes35.9%2023Tax Revenue (%GDP) [+]24.00%01/01/2015Standard VAT [+]44.4%2022Top tax rate + SSC [+]TradeAnnual arrivals [+]20192,863,5002,013,1902019Annual arrivals [+]Exports [+]2023€31,349.9M€6,084.7M2023Exports [+]Exports [+]2023$33,898.6M$6,609.5M2023Exports [+]Exports % GDP [+]202346.88%21.21%2023Exports % GDP [+]Imports [+]2023€15,985.7M€8,521.8M2023Imports [+]Imports [+]2023$17,285.3M$9,464.1M2023Imports [+]Imports % GDP [+]202323.90%29.70%2023Imports % GDP [+]Trade balance [+]2023€15,364.2M€-2,437.0M2023Trade balance [+]Trade balance [+]2023$16,613.3M$-2,854.6M2023Trade balance [+]Trade balance % GDP [+]202322.98%-8.49%2023Trade balance % GDP [+]Socio-Demography7º2015Global AgeWatch Ranking [+]Density [+]202311842023Density [+]Global Peace Ranking [+]202395º1º2023Global Peace Ranking [+]Crude divorce rate [+]20201.40‰1.90‰2020Crude divorce rate [+]Remittance received ($M) [+]20171,050.3171.92017Remittance received ($M) [+]% Immigrant [+]20202.49%17.74%2020% Immigrant [+]% Emigrant [+]202011.50%11.73%2020% Emigrant [+]Birth Rate [+]202311.10‰11.00‰2023Birth Rate [+]Remittance sent ($M) [+]2017285.0132.92017Remittance sent ($M) [+]Crude death rate [+]20235.90‰6.60‰2023Crude death rate [+]Fertility Rate [+]20221.671.592022Fertility Rate [+]Crude marriage rate [+]20203.49‰5.00‰2020Crude marriage rate [+]% risk of poverty [+]20126.0%9.3%2019% risk of poverty [+]Population [+]202310,180,770398,9402023Population [+]Immigrant stock [+]2020252,22865,4242020Immigrant stock [+]Emigrant stock [+]20201,163,92243,2512020Emigrant stock [+]HDI [+]20210.7450.9592021HDI [+]Gender Gap Ranking [+]202397º1º2023Gender Gap Ranking [+]Life expectancy [+]202273.4982.602023Life expectancy [+]Suicides [+]2015319332022Suicides [+]Suicide rate [+]20153.288.802022Suicide rate [+]Number of homicides [+]202224542022Number of homicides [+]Rate Homicides per 100.000 [+]20222.371.072022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]20223.6210.232022CO2 Tons per capita [+]Annual crude oil production [+]2023617Crude Oil Reserves [+]20217,000.0Consumption GWh [+]202223,82719,2962022Consumption GWh [+]Generation GWh [+]202228,93819,8652022Generation GWh [+]OthersCOVID-19 - Deaths [+]08/04/202410,35318608/04/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]08/04/2024835,757210,37408/04/2024COVID-19 - Confirmed [+]Fully vaccinated [+]08/28/20224,862,494290,19303/29/2022Fully vaccinated [+]COVID-19 - Deaths per million population [+]08/04/20241,016.92466.2408/04/2024COVID-19 - Deaths per million population [+]Doses administered [+]08/28/202213,857,111805,46903/29/2022Doses administered [+]AzerbaijanCountrySubcontinentContinentWorldCapital: BakuPopulation: 10,180,770Surface Area: 86,600 km2Currency: Manat (1 EUR=1.8896 AZN)Religion: Mostly Islam Belongs to: CIS, CoE, ECO, IMF, UN, OSCEIcelandCountrySubcontinentContinentWorldCapital: ReykjavikPopulation: 398,940Surface Area: 103,000 km2Currency: Icelandic kronas (1 EUR=153.3000 ISK)Religion: Mostly Christianity Belongs to: CoE, EEA, EFTA, IMF, NATO, OECD, UN, OSCE Compare Afghanistan Azerbaijan Compare Albania Azerbaijan Compare Algeria Azerbaijan Compare Andorra Azerbaijan Compare Angola Azerbaijan Compare Antigua and Barbuda Azerbaijan Compare Argentina Azerbaijan Compare Armenia Azerbaijan Compare Australia Azerbaijan Compare Austria Azerbaijan Compare Bahamas Azerbaijan Compare Bahrain Azerbaijan Compare Bangladesh Azerbaijan Compare Barbados Azerbaijan Compare Belarus Azerbaijan Compare Belgium Azerbaijan Compare Belize Azerbaijan Compare Benin Azerbaijan Compare Bhutan Azerbaijan Compare Bolivia Azerbaijan Compare Bosnia and Herzegovina Azerbaijan Compare Botswana Azerbaijan Compare Brazil Azerbaijan Compare Brunei Azerbaijan Compare Bulgaria Azerbaijan Compare Burkina Faso Azerbaijan Compare Burundi Azerbaijan Compare Cabo Verde Azerbaijan Compare Cambodia Azerbaijan Compare Cameroon Azerbaijan Compare Canada Azerbaijan Compare Central African Republic Azerbaijan Compare Chad Azerbaijan Compare Chile Azerbaijan Compare China Azerbaijan Compare Colombia Azerbaijan Compare Comoros Azerbaijan Compare Costa Rica Azerbaijan Compare Côte d'Ivoire Azerbaijan Compare Croatia Azerbaijan Compare Cuba Azerbaijan Compare Cyprus Azerbaijan Compare Czechia Azerbaijan Compare Democratic Republic of the Congo Azerbaijan Compare Denmark Azerbaijan Compare Djibouti Azerbaijan Compare Dominica Azerbaijan Compare Dominican Republic Azerbaijan Compare Ecuador Azerbaijan Compare Egypt Azerbaijan Compare El Salvador Azerbaijan Compare Equatorial Guinea Azerbaijan Compare Eritrea Azerbaijan Compare Estonia Azerbaijan Compare Eswatini Azerbaijan Compare Ethiopia Azerbaijan Compare Euro zone Azerbaijan Compare Federated States of Micronesia Azerbaijan Compare Fiji Azerbaijan Compare Finland Azerbaijan Compare France Azerbaijan Compare Gabon Azerbaijan Compare Georgia Azerbaijan Compare Germany Azerbaijan Compare Ghana Azerbaijan Compare Greece Azerbaijan Compare Grenada Azerbaijan Compare Guatemala Azerbaijan Compare Guinea Azerbaijan Compare Guinea-Bissau Azerbaijan Compare Guyana Azerbaijan Compare Haiti Azerbaijan Compare Honduras Azerbaijan Compare Hong Kong Azerbaijan Compare Hungary Azerbaijan Compare Iceland Azerbaijan Compare India Azerbaijan Compare Indonesia Azerbaijan Compare Iran Azerbaijan Compare Iraq Azerbaijan Compare Ireland Azerbaijan Compare Israel Azerbaijan Compare Italy Azerbaijan Compare Jamaica Azerbaijan Compare Japan Azerbaijan Compare Jordan Azerbaijan Compare Kazakhstan Azerbaijan Compare Kenya Azerbaijan Compare Kiribati Azerbaijan Compare Kuwait Azerbaijan Compare Kyrgyzstan Azerbaijan Compare Laos Azerbaijan Compare Latvia Azerbaijan Compare Lebanon Azerbaijan Compare Lesotho Azerbaijan Compare Liberia Azerbaijan Compare Libya Azerbaijan Compare Liechtenstein Azerbaijan Compare Lithuania Azerbaijan Compare Luxembourg Azerbaijan Compare Madagascar Azerbaijan Compare Malawi Azerbaijan Compare Malaysia Azerbaijan Compare Maldives Azerbaijan Compare Mali Azerbaijan Compare Malta Azerbaijan Compare Marshall Islands Azerbaijan Compare Mauritania Azerbaijan Compare Mauritius Azerbaijan Compare Mexico Azerbaijan Compare Moldova Azerbaijan Compare Monaco Azerbaijan Compare Mongolia Azerbaijan Compare Montenegro Azerbaijan Compare Morocco Azerbaijan Compare Mozambique Azerbaijan Compare Myanmar Azerbaijan Compare Namibia Azerbaijan Compare Nauru Azerbaijan Compare Nepal Azerbaijan Compare Netherlands Azerbaijan Compare New Zealand Azerbaijan Compare Nicaragua Azerbaijan Compare Niger Azerbaijan Compare Nigeria Azerbaijan Compare North Korea Azerbaijan Compare North Macedonia Azerbaijan Compare Norway Azerbaijan Compare Oman Azerbaijan Compare Pakistan Azerbaijan Compare Palau Azerbaijan Compare Panama Azerbaijan Compare Papua New Guinea 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Sudan Azerbaijan Compare Suriname Azerbaijan Compare Sweden Azerbaijan Compare Switzerland Azerbaijan Compare Syria Azerbaijan Compare Taiwan Azerbaijan Compare Tajikistan Azerbaijan Compare Tanzania Azerbaijan Compare Thailand Azerbaijan Compare The Gambia Azerbaijan Compare Timor-Leste Azerbaijan Compare Togo Azerbaijan Compare Tonga Azerbaijan Compare Trinidad and Tobago Azerbaijan Compare Tunisia Azerbaijan Compare Türkiye Azerbaijan Compare Turkmenistan Azerbaijan Compare Tuvalu Azerbaijan Compare Uganda Azerbaijan Compare Ukraine Azerbaijan Compare United Arab Emirates Azerbaijan Compare United Kingdom Azerbaijan Compare United States Azerbaijan Compare Uruguay Azerbaijan Compare Uzbekistan Azerbaijan Compare Vanuatu Azerbaijan Compare Venezuela Azerbaijan Compare Viet Nam Azerbaijan Compare Yemen Azerbaijan Compare Zambia Azerbaijan Compare Zimbabwe Azerbaijan