Azerbaijan weathered the global economic crisis relatively well, with a solid rise in income and decrease in poverty. But while it withstood the crisis, the situation showed a need for a diversified economy, market-based policies and better social services.
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January 6, 2015 — Azerbaijan has reduced poverty and grown its middle class over the past decade, but a decline in labor force participation and a dependency on certain sectors puts future poverty reduction and job creation at risk.Read More »
November 5, 2014 — World Bank's Vice President Laura Tuck visited Azerbaijan to discuss with government officials and other stakeholders a range of issues concerning the country’s development and the World Bank Group’s ongoing and future partnership with Azerbaijan.Read More »
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Azerbaijan: Commitments by Fiscal Year (in millions of dollars)*