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Azerbaijan flag Azerbaijan Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Azerbaijan, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Time to obtain an electrical connection (days)
13.9
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Domestic credit to private sector by banks (% of GDP)
24.5
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Average time to clear exports through customs (days)
1.5
2024 · Average number of days to clear direct exports through customs.
Firms visited or required meetings with tax officials (% of firms)
11.0
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
New business density (new registrations per 1,000 people ages 15-64)
2.2
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
22.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Import unit value index (2015 = 100)
125.5
2024 · World Bank
Firms using banks to finance working capital (% of firms)
30.08513451
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
3.07221273404587
2024 · World Bank
Manufactures exports (% of merchandise exports)
4.79615183574757
2024 · World Bank
Computer, communications and other services (% of commercial service exports)
33.5362408260546
2024 · World Bank
Commercial service exports (current US$)
8084308000
2024 · World Bank
Firms using banks to finance investment (% of firms)
31.63585663
2024 · World Bank
Firms competing against unregistered firms (% of firms)
15.97469425
2024 · World Bank
Insurance and financial services (% of commercial service imports)
3.10648764113033
2024 · World Bank
Computer, communications and other services (% of commercial service imports)
62.3890699891923
2024 · World Bank
High-technology exports (% of manufactured exports)
2.91095088102775
2024 · World Bank
Time required to obtain an operating license (days)
11.98579979
2024 · World Bank
Firms with female top manager (% of firms)
7.307301044
2024 · World Bank
Commercial service imports (current US$)
10059496000
2024 · World Bank
Firms with female participation in ownership (% of firms)
9.628479004
2024 · World Bank
Firms formally registered when operations started (% of firms)
82.57418823
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
1.96757025932784
2024 · World Bank
Firms experiencing electrical outages (% of firms)
10.25782299
2024 · World Bank
Manufactures imports (% of merchandise imports)
59.4903054231763
2024 · World Bank
Value lost due to electrical outages (% of sales for affected firms)
0
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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