Subchapters: Basic data Public finances and the state budget Banking system Tax system Basic data Between 2016 and 2019, the country’s economy slowly grew by 1-2% year-on-year. In terms of the “Doing Business Report” ranking compiled by the World Trade Bank for the year 2021, Azerbaijan took a very good 34th place out of 190 […]

Azerbaijan (Russian Azerbaijan) Region of the Transcaucasia (192,550 km 2 with 18.1 million residents), politically divided between the republic of the same name and Iran, which faces E on the Caspian Sea. The country includes: to the North, the extreme eastern section of the Caucasian range, which, beyond the summit of Bazardjuzju (4480 m), slopes […]

  THE CAPITAL Baku STATE STRUCTURE Presidential republic INTERNAL DIVISION unitary state SQUARE 86,600 km² CLIMATE Transitional temperate to subtropical OFFICIAL LANGUAGE Azerbaijan language CURRENCY Azerbaijani manat POPULATION 8.9 million NATIONAL COMPOSITION Azerbaijanis (91.6%), Lezgins (2.0%), Armenians (1.4%), Russians (1.3%) RELIGION Islam, Christianity, Judaism TIMEZONE UTC +4 / Moscow time +1 TELEPHONE CODE +994 Source: Homosociety.com […]

Culture The center of Baku is the old city, an ancient fortress. The walled city of Baku was declared a World Heritage Site by UNESCO in December 2000. Many of the walls and towers are still preserved, which were fortified after the Russian conquest in 1806. This part is very picturesque, with a labyrinth of […]