2% (31 December 2009) country comparison to the world: 53 8% (31 December 2008)
note: this is the Refinancing Rate, the key policy rate for the National Bank of Azerbaijan
Commercial bank prime lending rate:
20.03% (31 December 2009 est.) country comparison to the world: 20 19.76% (31 December 2008 est.)
Stock of narrow money:
$7.34 billion (31 December 2010 est) country comparison to the world: 77 $6.519 billion (31 December 2009 est)
Stock of broad money:
$11.64 billion (31 December 2010 est.) country comparison to the world: 96 $10.54 billion (31 December 2009 est.)
Stock of domestic credit:
$8.135 billion (31 December 2008 est.) country comparison to the world: 100 $5.726 billion (31 December 2007 est.)
Market value of publicly traded shares:
$NA
Agriculture - products:
cotton, grain, rice, grapes, fruit, vegetables, tea, tobacco; cattle, pigs, sheep, goats
Industries:
petroleum and natural gas, petroleum products, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles
Industrial production growth rate:
3.5% (2010 est.) country comparison to the world: 91
Electricity - production:
18.6 billion kWh (2007 est.) country comparison to the world: 72
Electricity - consumption:
18 billion kWh (2007 est.) country comparison to the world: 71
Electricity - exports:
786 million kWh (2007 est.)
Electricity - imports:
548 million kWh (2007 est.)
Oil - production:
1.011 million bbl/day (2009 est.) country comparison to the world: 23
Oil - consumption:
136,000 bbl/day (2009 est.) country comparison to the world: 70
Oil - exports:
528,900 bbl/day (2007 est.) country comparison to the world: 29
Oil - imports:
2,848 bbl/day (2007 est.) country comparison to the world: 169
Oil - proved reserves:
7 billion bbl (1 January 2010 est.) country comparison to the world: 19
Natural gas - production:
23 billion cu m (2009 est.) country comparison to the world: 30
Natural gas - consumption:
10.12 billion cu m (2008) country comparison to the world: 47
Natural gas - exports:
5.564 billion cu m (2008 est.) country comparison to the world: 25
Natural gas - imports:
0 cu m (2008 est.) country comparison to the world: 72
Natural gas - proved reserves:
849.5 billion cu m (1 January 2010 est.) country comparison to the world: 27
Current account balance:
$15.96 billion (2010 est.) country comparison to the world: 19 $10.18 billion (2009 est.)
Exports:
$28.07 billion (2010 est.) country comparison to the world: 63 $21.1 billion (2009 est.)
Exports - commodities:
oil and gas 90%, machinery, cotton, foodstuffs
Exports - partners:
Italy 20.69%, India 10.67%, US 9.24%, France 8.15%, Germany 7.62%,
Indonesia 6.63%, Canada 5.13% (2009)
Imports:
$7.035 billion (2010 est.) country comparison to the world: 103 $6.514 billion (2009 est.)
Imports - commodities:
machinery and equipment, oil products, foodstuffs, metals, chemicals
Imports - partners:
Turkey 18.69%, Russia 16.98%, Germany 7.87%, Ukraine 7.3%, China 6.18%, UK 5.73% (2009)
Reserves of foreign exchange and gold:
$6.33 billion (31 December 2010 est.) country comparison to the world: 62 $5.364 billion (31 December 2009 est.)
Debt - external:
$3.221 billion (31 December 2010 est.) country comparison to the world: 124 $3.44 billion (31 December 2009 est.)
Stock of direct foreign investment - at home:
$8.918 billion (31 December 2010 est.) country comparison to the world: 80 $8.318 billion (31 December 2009 est.)
Stock of direct foreign investment - abroad:
$6.058 billion (31 December 2010 est.) country comparison to the world: 58 $5.558 billion (31 December 2009 est.)
Exchange rates:
Azerbaijani manats (AZN) per US dollar - 0.8035 (2010), 0.8038 (2009), 0.8219 (2008), 0.8581 (2007), 0.8934 (2006)
Communications ::Azerbaijan
Telephones - main lines in use:
1.397 million (2009) country comparison to the world: 68
Telephones - mobile cellular:
7.757 million (2009) country comparison to the world: 74
Telephone system:
general assessment: requires considerable expansion and modernization; fixed-line telephony and a broad range of other telecom services are controlled by a state-owned telecommunications monopoly and growth has been stagnant; more competition exists in the mobile-cellular market with four providers in 2009
domestic:
