Azerbaijan is a contiguous transcontinental Republic with a president at its helm. It is situated at the crossroads of Europe and Asia. The first Azerbaijan Democratic Republic in 1918 was the first Muslim secular state in the region, with educational and cultural development at par with its western counterparts. In 1991, the state declared it’s independence from the Soviet Bloc, even before the formal dissolution of the USSR. The Republic has a high level of human development with a high rate of economic development and literacy.
The transition from post-Soviet state to independent nation was facilitated by an “oil based economy” with the completion of the Baku-Tbilisi-Ceyhan Pipeline as a major factor to its rapid development. Azerbaijan GDP grew 41.7% in 2007, one of the highest in the world.
9 494 600
GDP per capita