Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

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24 DOING BUSINESS IN AZERBAIJAN For more information on current trends in the Azerbaijani economy please refer to the website of the Ministry of Economic Development at www.economy.gov.az and the AZPROMO resource www.azpromo.org GDP in Azerbaijan 1996-2008 Azerbaijani Foreign Trade Private share in GDP mln. USD mln. USD %
Some useful macroeconomic indicators (2008) GDP 38.0 billion AZN Annual growth 10.8% GDP per capita 4,439 AZN Annual growth 75.4% Inflation 20.8% Investments 13.3 12.4 billion Annual growth 27.8 20.5% Domestic investments 48.1% Foreign investments 8.2% Weighted exchange rate for 1 USD 0.82 AZN Share in GDP by sectors (2008) Industry 57.4% COUNTRY INFORMATION Agriculture 5.8% Construction 7.6% Transport 5.1% Communication 1.9% Wholesale and retail 6.0% Social services 9.1% Taxes 7.1% 25
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Page 6: “During recent five years, the ec
Page 9: OVERVIEW OF THE REGIONS 127 Abshero
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Page 20 and 21: Heydar Aliyev, President of the Rep
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Page 31 and 32: Abundant resources Azerbaijan is ri
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Page 35 and 36: places in the ranking, the biggest
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Page 45 and 46: government agency entrusted to exer
Page 47 and 48: labour duties when no notice is req
Page 49 and 50: Overtime and work during days-off (
Page 51 and 52: Azerbaijani law recognizes several
Page 53 and 54: Currency regulation & repatriation
Page 55 and 56: Residents can export hard currency
Page 57 and 58: on cars, buses and trucks depending
Page 59 and 60: Accounting The new Accounting Law 2
Page 61 and 62: As mentioned above separate chart o
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Page 65 and 66: Rights to computer programs, databa
Page 67 and 68: elating to administrative offences;
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2009 DOING BUSINESS IN AZERBAIJAN 7
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of Azer baijan’s total reserves).
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17, 2003. Following that the Presid
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whatsoever in respect of their oil
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Minerals & mining Apart from major
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The Japanese company Tepsco and Fin
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Production and consumption of elect
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Agriculture Production of Azerbaija
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While in 1991 only 39 thousands hec
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Peak production of a number of prod
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Telecoms & IT Azerbaijani telecommu
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facilities of this satellite and ha
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Construction Legislation Pursuant t
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As market research in the field sho
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There are also opportunities for le
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agencies and investors in transport
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Business visits account for the maj
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During the year total bank assets i
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Significant works continued in 2008
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It should be noted that since 1993
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Disclosure Requirements The Civil C
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BSE turnover mln. AZN SECTORS REVIE
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Aran economic region Aran is centra
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asphalt, mineral waters, spinning a
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The region is rich in brick, bank s
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chemical industry locally. There ar
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Daglig Shirvan Sheki-Zagatala Lanka
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139 Ilan Dag mountain. Nakhchivan r
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Tel.: (+99412) 4985094 Fax: (+99412
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Tel.: (+99412)4901323; Fax:(+99412)
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Tel: + 420 246032422; Fax: + 420 24
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Tel.: (73172) 24 15 81; Fax: (73172
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Tel.: +966(1)4192382; Fax: +966(1)4
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Tel.: (99412) 4901234; Fax: (99412)
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Consultant services Tel.: (99412) 4
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This publication prepared by: AZERB
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