Country Profile

EIU
Azerbaijan - Economist Intelligence Unit - The Economist
OUTLOOK FOR 2008-09

Country Forecast Overview (3 Year)
Key Indicators 2007 2008 2009
Real GDP Growth (%) 23.80 15.90 9.40
Consumer Price Inflation (av;%) 16.71 19.40 14.00
Budget Balance (% of GDP) -5.30 -4.80 -2.90
Current-Account Balance (% of GDP) 29.91 43.70 38.30
Exchange Rate US$:Euro (av) .86 .81 .77
Exchange Rate US$:Euro(year-end) .85 .79 .76
Azerbaijan GDP PPP & GDP Growth Rates
2003 - 2007
Azerbaijan GDP Growth Rate Chart

Year GDP in Billions of USD PPP % GDP Growth
2003 33.36 10.35
2004 37.82 9.12
2005 49.28 24.87
2006 68.37 32.98
2007 87.75 23.80

Azerbaijan: risk assessment
Risk May 2008
Sovereign risk BB
Currency risk BB
Banking sector risk B
Political risk CCC
Economic structure risk B
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