Compare Azerbaijan (2007) - Azerbaijan (2008)

Compare Azerbaijan (2007) z Azerbaijan (2008)

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	Azerbaijan (2007)	Azerbaijan (2008)

Background	Azerbaijan - a nation with a Turkic and majority-Muslim population - was briefly independent from 1918 to 1920; it regained its independence after the collapse of the Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over the Azerbaijani Nagorno-Karabakh enclave (largely Armenian populated). Azerbaijan has lost 16% of its territory and must support some 600,000 internally displaced persons as a result of the conflict. Corruption is ubiquitous, and the promise of widespread wealth from Azerbaijan's undeveloped petroleum resources remains largely unfulfilled.	Azerbaijan - a nation with a majority-Turkic and majority-Muslim population - was briefly independent from 1918 to 1920; it regained its independence after the collapse of the Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over the Azerbaijani Nagorno-Karabakh enclave (largely Armenian populated). Azerbaijan has lost 16% of its territory and must support some 600,000 internally displaced persons as a result of the conflict. Corruption is ubiquitous, and the government has been accused of authoritarianism. Although the poverty rate has been reduced in recent years, the promise of widespread wealth from development of Azerbaijan's energy sector remains largely unfulfilled.
Budget	revenues: $4.775 billion expenditures: $5.735 billion (2006 est.)	revenues: $6.752 billion expenditures: $8.36 billion (2007 est.)
Debt - external	$1.972 billion (2006 est.)	$2.022 billion (31 December 2007 est.)
Diplomatic representation in the US	chief of mission: Ambassador Hafiv Mir Jalal PASHAYEV chancery: 2741 34th Street NW, Washington, DC 20008 telephone: [1] (202) 337-3500 FAX: [1] (202) 337-5911 Consulate(s) general: Los Angeles	chief of mission: Ambassador Yashar ALIYEV chancery: 2741 34th Street NW, Washington, DC 20008 telephone: [1] (202) 337-3500 FAX: [1] (202) 337-5911 Consulate(s) general: Los Angeles
Economy - overview	Azerbaijan's number one export is oil. Azerbaijan's oil production declined through 1997, but has registered an increase every year since. Negotiation of production-sharing arrangements (PSAs) with foreign firms, which have committed $60 billion to long-term oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. A consortium of Western oil companies began pumping 1 million barrels a day from a large offshore field in early 2006, through a $4 billion pipeline it built from Baku to Turkey's Mediterranean port of Ceyhan. By 2010 revenues from this project will double the country's current GDP. Azerbaijan shares all the formidable problems of the former Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its long-term prospects. Baku has only recently begun making progress on economic reform, and old economic ties and structures are slowly being replaced. Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector, the continuing conflict with Armenia over the Nagorno-Karabakh region, and the pervasive corruption. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new pipelines in the region, and Azerbaijan's ability to manage its oil wealth.	Azerbaijan's high economic growth in 2006 and 2007 is attributable to large and growing oil exports. Azerbaijan's oil production declined through 1997, but has registered an increase every year since. Negotiation of production-sharing arrangements (PSAs) with foreign firms, which have committed $60 billion to long-term oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. A consortium of Western oil companies began pumping 1 million barrels a day from a large offshore field in early 2006, through a $4 billion pipeline it built from Baku to Turkey's Mediterranean port of Ceyhan. By 2010 revenues from this project will double the country's current GDP. Azerbaijan shares all the formidable problems of the former Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its long-term prospects. Baku has only recently begun making progress on economic reform, and old economic ties and structures are slowly being replaced. Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector, the continuing conflict with Armenia over the Nagorno-Karabakh region, pervasive corruption, and elevated inflation. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new oil and gas pipelines in the region, and Azerbaijan's ability to manage its energy wealth.
Electricity - consumption	19.08 billion kWh (2005)	27.5 billion kWh (2007 est.)
Electricity - production	20.1 billion kWh (2005)	23.8 billion kWh (2007 est.)
Exchange rates	Azerbaijani manats per US dollar - 0.8934 (2006), 4,727.1 (2005), 4,913.48 (2004), 4,910.73 (2003), 4,860.82 (2002) note: on 1 January 2006 Azerbaijan revalued its currency, with 5,000 old manats equal to 1 new manat	Azerbaijani manats per US dollar - 0.8581 (2007), 0.8934 (2006), 4,727.1 (2005), 4,913.48 (2004), 4,910.73 (2003) note: on 1 January 2006 Azerbaijan revalued its currency, with 5,000 old manats equal to 1 new manat
Executive branch	chief of state: President Ilham ALIYEV (since 31 October 2003) head of government: Prime Minister Artur RASIZADE (since 4 November 2003); First Deputy Prime Minister Abbas ABBASOV (since 10 November 2003) cabinet: Council of Ministers appointed by the president and confirmed by the National Assembly elections: president elected by popular vote to a five-year term (eligible for a second term); election last held 15 October 2003 (next to be held in October 2008); prime minister and first deputy prime minister appointed by the president and confirmed by the National Assembly election results: Ilham ALIYEV elected president; percent of vote - Ilham ALIYEV 76.8%, Isa GAMBAR 14%	chief of state: President Ilham ALIYEV (since 31 October 2003) head of government: Prime Minister Artur RASIZADE (since 4 November 2003); First Deputy Prime Minister Yaqub EYYUBOV (since June 2006) cabinet: Council of Ministers appointed by the president and confirmed by the National Assembly elections: president elected by popular vote to a five-year term (eligible for a second term); election last held 15 October 2003 (next to be held in October 2008); prime minister and first deputy prime minister appointed by the president and confirmed by the National Assembly election results: Ilham ALIYEV elected president; percent of vote - Ilham ALIYEV 76.8%, Isa GAMBAR 14%
Exports	NA bbl/day	795,600 bbl/day (2007 est.)
GDP - composition by sector	agriculture: 7.5% industry: 63.5% services: 28.9% (2006 est.)	agriculture: 6% industry: 64% services: 29.9% (2007 est.)
GDP - real growth rate	34.5% (2006 est.)	31% (2007 est.)
Imports	NA bbl/day	3,924 bbl/day (2004)
Industrial production growth rate	50% (2006 est.)	31% (2007 est.)
Inflation rate (consumer prices)	8.3% (2006 est.)	16% (2007 est.)
International organization participation	AsDB, BSEC, CE, CIS, EAPC, EBRD, ECO, FAO, GCTU, GUAM, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (observer), OAS (observer), OIC, OPCW, OSCE, PFP, SECI (observer), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)	ADB, BSEC, CE, CIS, EAPC, EBRD, ECO, FAO, GCTU, GUAM, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (observer), OAS (observer), OIC, OPCW, OSCE, PFP, SECI (observer), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
Labor force	5.165 million (2006 est.)	5.243 million (2007 est.)
Military branches	Army, Navy, Air and Air Defense Forces	Army, Navy, Air and Air Defense Forces (2008)
Nationality	noun: Azerbaijani(s), Azeri(s) adjective: Azerbaijani, Azeri	noun: Azerbaijani(s) adjective: Azerbaijani
Pipelines	gas 3,190 km; oil 2,436 km (2006)	gas 3,857 km; oil 2,436 km (2007)
Political parties and leaders	Azadliq coalition (Musavat, APF, and DPA); Azerbaijan Popular Front or APF [Ali KARIMLI, leader of "Reform" faction; Mirmahmud MIRALI-OGLU, leader of "Classic" faction]; Civic Solidarity Party or CSP [Sabir RUSTAMKHANLY]; Civic Union Party [Ayaz MUTALIBOV]; Communist Party of Azerbaijan or CPA [Ramiz AHMADOV]; Compatriot Party [Mais SAFARLI]; Democratic Party for Azerbaijan or DPA [Rasul QULIYEV]; Justice Party [Ilyas ISMAILOV]; Liberal Party of Azerbaijan [Lala Shovkat HACIYEVA]; Motherland Party; Musavat [Isa GAMBAR, chairman]; Yeni Azerbaijan Party; Party for National Independence of Azerbaijan or PNIA [Etibar MAMMADLI]; Social Democratic Party of Azerbaijan or SDP [Araz ALIZADE] note: opposition parties regularly factionalize and form new parties	Azadliq ("Freedom") coalition (Popular Front Party, Liberal Party, Citizens' Development Party); Azerbaijan Democratic Party (ADP) [Sardar JALALOGLU]; Azerbaijan Democratic Reforms Party (ADRP) Youth Movement [Ramin HAJILI]; Azerbaijan Popular Front or APF, now split in two [Ali KARIMLI, leader of "Reform" APF party; Mirmahmud MIRALI-OGLU, leader of "Classic" APF party]; Azerbaijan Public Forum [Eldar NAMAZOV]; Citizens' Development Party [Ali ALIYEV]; Civil Solidarity Party or CSP [Sabir RUSTAMKHANLY]; Dalga Youth Movement [Vafa JAFAROVA]; Green Party [Mais GULALIYEV and Tarana MAMMADOVA]; Hope (Umid) Party [Iqbal AGAZADE]; Ireli Youth Movement [Jeyhun OSMANLI, Roya TALIBOVA, Farhad MAMMADOV, Elnara GARIBOVA, Elnur MAMMADOV, Ziya ALIYEV]; Justice Party [Ilyas ISMAILOV]; Liberal Party of Azerbaijan [Lala Shovkat HACIYEVA]; Magam Youth Movement [Emin HUSEYNOV]; Motherland Party [Fazail AGAMALI]; Musavat ("Equality") [Isa GAMBAR, chairman]; Musavat Party Youth Movement [Elnur MAMMADLI]; National Democratic Party or "Grey Wolves" (Nationalist, Pan-Turkic) [Iskender HAMIDOV]; Open Society Party [Rasul GULIYEV, in exile in the US]; Party for National Independence of Azerbaijan or PNIA [Ayaz RUSTAMOV]; Popular Front Party Youth Movement [Seymur KHAZIYEV]; Social Democratic Party of Azerbaijan or SDP [Araz ALIZADE and Ayaz MUTALIBOV (in exile)]; Turkish Nationalist Party [Vugar BAYTURAN]; United Azerbaijan Party [Karrar ABILOV]; United Azerbaijan National Unity Party [Hajibaba AZIMOV]; United Party [Tahir KARIMLI]; Yeni (New) Azerbaijan Party [President Ilham ALIYEV]; Yeni Azerbaijan Party Youth Movement [Ramil HASANOV]; Yox (No) Youth Movement [Ali ISMAYILOV] note: opposition parties regularly factionalize and form new parties;
Population below poverty line	49% (2002 est.)	24% (2005 est.)
Unemployment rate	1.2% official rate (2006 est.)	8.5% official rate (2005 est.)

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