Azerbaijan Forecast: Unemployment Rate

2000 - 2029 | Yearly | % | International Monetary Fund

Key information about Azerbaijan Unemployment Rate Forecast

  • Azerbaijan Unemployment Rate is forecasted to be 5.394 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 5.456 % in Dec 2023
  • Looking ahead, Azerbaijan Unemployment Rate is projected to stand at 5.098 % in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Azerbaijan's Forecast: Unemployment Rate from 2000 to 2029 in the chart:

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Azerbaijan Forecast: Unemployment Rate
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Azerbaijan Forecast: Unemployment Rate

What is Azerbaijan's Forecast: Unemployment Rate in 2029?

Azerbaijan Unemployment Rate is forecasted to be 5.394 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.098 2029 5.156 2028 4.913 2014 11.777 2000 % yearly 2000 - 2029

Forecast: Unemployment Rate by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 10.700 2029 yearly 1980 - 2029
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.550 2029 yearly 2010 - 2029
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2029 yearly 1980 - 2029
Armenia (%) 14.000 2029 yearly 2001 - 2029
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.524 2029 yearly 1980 - 2029
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.098 2029 yearly 2000 - 2029
Bahamas (%) 9.500 2029 yearly 1986 - 2029
Bahrain (%) 6.300 2023 yearly 2007 - 2023
Bangladesh (%) 0.000 yearly -
Barbados (%) 7.677 2029 yearly 1981 - 2029
Belarus (%) 2.898 2029 yearly 1993 - 2029
Belgium (%) 5.700 2029 yearly 1980 - 2029
Belize (%) 3.400 2029 yearly 1990 - 2029
Benin (%) 0.000 yearly -
Bhutan (%) 3.500 2023 yearly 2003 - 2023
Bolivia (%) 5.200 2029 yearly 2000 - 2029
Bosnia and Herzegovina (%) 13.200 2029 yearly 1995 - 2029
Botswana (%) 0.000 yearly -
Brazil (%) 7.482 2029 yearly 1991 - 2029
Brunei (%) 4.900 2029 yearly 2011 - 2029
Bulgaria (%) 4.000 2029 yearly 1989 - 2029
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.960 2029 yearly 1980 - 2029
Cape Verde (%) 8.500 2029 yearly 1980 - 2029
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.500 2029 yearly 1980 - 2029
China (%) 5.100 2029 yearly 2017 - 2029
Colombia (%) 9.400 2029 yearly 1980 - 2029
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.466 2029 yearly 1991 - 2029
Cyprus (%) 4.979 2029 yearly 1982 - 2029
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2029 yearly 1991 - 2029
Ecuador (%) 3.500 2029 yearly 1988 - 2029
Egypt (%) 5.502 2029 yearly 1990 - 2029
El Salvador (%) 5.216 2029 yearly 1988 - 2029
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.508 2029 yearly 1993 - 2029
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2029 yearly 1986 - 2029
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 14.500 2029 yearly 1996 - 2029
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2029 yearly 1980 - 2029
Hong Kong SAR, China (%) 2.669 2029 yearly 1980 - 2029
Hungary (%) 3.689 2029 yearly 1980 - 2029
Iceland (%) 4.000 2029 yearly 1980 - 2029
India (%) 0.000 yearly -
Indonesia (%) 5.100 2029 yearly 1984 - 2029
Iran (%) 9.000 2029 yearly 1990 - 2029
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 3.900 2029 yearly 1980 - 2029
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 4.400 2023 yearly 1980 - 2023
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 21.975 2023 yearly 1984 - 2023
Kazakhstan (%) 4.775 2029 yearly 1994 - 2029
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.000 2029 yearly 1980 - 2029
Kosovo (%) 10.875 2023 yearly 2012 - 2023
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2029 yearly 1994 - 2029
Laos (%) 0.000 yearly -
Latvia (%) 6.286 2029 yearly 1992 - 2029
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Azerbaijan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Consolidated Fiscal Balance (USD mn) 1,006.941 Jan 2025 monthly Dec 2004 - Jan 2025
Tax Revenue (USD mn) 12,978.706 2024 yearly 1993 - 2024
Tax Revenue: % of GDP (%) 17.5 2024 yearly 1993 - 2024
National Government Debt (USD mn) 9,223.0 2021 yearly 2008 - 2021
Government Debt: % of GDP (%) 16.8 2021 yearly 2008 - 2021
Forecast: Government Expenditure (AZN bn) 46.605 2029 yearly 1994 - 2029
Forecast: Government Net Debt (AZN bn) 27.493 2029 yearly 1995 - 2029
Forecast: Government Revenue (AZN bn) 45.680 2029 yearly 1994 - 2029
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Government Expenditure: ytd (AZN mn) 2,339.600 Jan 2025 monthly Dec 2004 - Jan 2025
Government Revenue: ytd (AZN mn) 4,051.400 Jan 2025 monthly Dec 2004 - Jan 2025
Government Balance: ytd (AZN mn) 1,711.800 Jan 2025 monthly Dec 2004 - Jan 2025
Government Revenue: Taxes: Excise Tax (AZN mn) 1,555.700 2024 yearly 1991 - 2024
Government Revenue: Taxes: Value Added Tax (AZN mn) 8,894.200 2024 yearly 1991 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.362 2028 yearly 1993 - 2028
Trade Balance (USD mn) 986.0 Jan 2025 monthly Jan 2000 - Jan 2025
Total Exports (USD mn) 3,038.4 Jan 2025 monthly Jan 2000 - Jan 2025
Total Exports Growth (%) 26.2 Apr 2023 monthly Jan 2001 - Apr 2023
Aluminum: Exports (USD th) 198,262.719 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 4,079.347 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,273.263 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,052.3 Jan 2025 monthly Jan 2000 - Jan 2025
Total Imports Growth (%) 79.6 Jan 2025 monthly Jan 2001 - Jan 2025
Imports: Medicament (USD th) 469,223.802 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 92,560.573 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 11.486 Nov 2024 monthly Jan 1996 - Nov 2024
Total Imports from USA (USD mn) 456.212 Nov 2024 monthly Apr 1993 - Nov 2024
Total Exports to China (USD mn) 3.084 Nov 2024 monthly Nov 2010 - Nov 2024
Total Imports from China (USD mn) 379.038 Nov 2024 monthly Mar 1997 - Nov 2024
Exports: SITC: Other Chemical Products (USD th) 702,628.100 2023 yearly 1996 - 2023
Exports: SITC: Food and Live Animals (USD th) 854,393.800 2023 yearly 1996 - 2023
Exports: SITC: Manufactured Goods by Material (USD th) 512,419.800 2023 yearly 1996 - 2023
Exports: SITC: Animal and Vegetable Oils, Fats and Waxes (USD th) 16,700.300 2023 yearly 1996 - 2023
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (USD th) 31,017,134.500 2023 yearly 1996 - 2023
Exports: FOB: Non CIS States: Indonesia (USD th) 150,790.400 2023 yearly 1998 - 2023
Exports: FOB: Non CIS States: France (USD th) 133,219.500 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: Israel (USD th) 1,401,607.300 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: United States of America (USD th) 16,011.400 2023 yearly 1992 - 2023
Exports: FOB: Non CIS States: Italy (USD th) 15,208,067.600 2023 yearly 1992 - 2023
Imports: SITC: Other Chemical Products (USD th) 1,909,745.900 2023 yearly 1996 - 2023
Imports: SITC: Manufactured Goods by Material (USD th) 2,660,654.700 2023 yearly 1996 - 2023
Imports: SITC: Food and Live Animals (USD th) 2,120,401.400 2023 yearly 1996 - 2023
Imports: SITC: Other Manufactured Articles (USD th) 1,576,866.300 2023 yearly 1996 - 2023
Imports: SITC: Crude Materials, Inedible, except Fuels (USD th) 381,537.600 2023 yearly 1996 - 2023
Imports: CIF: Non CIS States: Turkey (USD th) 2,291,271.400 2023 yearly 1992 - 2023
Imports: CIF: CIS States: Russian Federation (USD th) 131,656.100 2023 yearly 1992 - 2023
Imports: CIF: Non CIS States: Germany (USD th) 916,421.200 2023 yearly 1992 - 2023
Imports: CIF: Non CIS States: China (USD th) 3,022,810.500 2023 yearly 1992 - 2023
Imports: CIF: CIS States: Ukraine (USD th) 687,793.300 2023 yearly 1992 - 2023
Exports Index: FOB (Same Qtr PY=100) 67.175 Dec 2023 quarterly Mar 1998 - Dec 2023
Imports Index: FOB (Same Qtr PY=100) 114.389 Dec 2023 quarterly Mar 1998 - Dec 2023
Energy Exports: Crude Oil (Tonne th) 26,068.000 2023 yearly 2007 - 2023
Energy Exports: Natural Gas (Cub m mn) 24,933.500 2023 yearly 2007 - 2023
Energy Imports: Crude Oil (Tonne th) 2,025.700 2023 yearly 2009 - 2023
Energy Imports: Natural Gas (Cub m mn) 2,109.900 2017 yearly 2016 - 2017
Export Volume Index (2015=100) 73.126 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 108.794 2021 yearly 2000 - 2021
Import Value Index (2015=100) 127.006 2021 yearly 1995 - 2021
Export Value Index (2015=100) 133.837 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 162.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Current Account Balance (USD mn) 1,327.6 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance: % of GDP (%) 6.8 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment (USD mn) 138.5 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.7 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment (USD mn) -71.034 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.4 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -13.1 Sep 2024 quarterly Mar 2003 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -57.892 Sep 2024 quarterly Mar 2003 - Sep 2024
External Debt (USD mn) 5,299.1 Sep 2024 quarterly Dec 2001 - Sep 2024
External Debt: % of GDP (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
External Debt: Short Term (USD mn) 0.0 2021 yearly 1993 - 2021
External Debt: Short Term: % of GDP (%) 0.6 2022 yearly 1993 - 2022
Forecast: Current Account Balance (USD bn) 0.418 2029 yearly 1992 - 2029
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) -235.627 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account (USD mn) -0.083 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Debit (USD mn) 24,008.119 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Credit (USD mn) 27,960.995 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account: Credit (USD mn) 1.777 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers: Credit (USD mn) 969.374 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Balancing Item (USD mn) -200.695 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers: Debit (USD mn) 478.421 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities (USD mn) -2,179.604 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services (USD mn) -1,563.514 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Reserve Assets: Flow (USD mn) 181.614 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) -960.568 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) 724.477 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income: Credit (USD mn) 1,925.556 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) -1,441.184 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income: Debit (USD mn) 3,904.078 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services: Debit (USD mn) 7,364.516 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets (USD mn) 1,390.880 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods: Credit (USD mn) 19,265.063 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods (USD mn) 7,003.959 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) 82.449 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Services: Credit (USD mn) 5,801.002 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Income (USD mn) -1,978.522 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Transfers (USD mn) 490.953 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) 583.954 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Current Account: Goods: Debit (USD mn) 12,261.104 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Capital Account: Debit (USD mn) 1.860 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) -4.291 Sep 2018 quarterly Sep 2018 - Sep 2018
Foreign Investment: Oil Industry (USD mn) 4,657.000 2023 yearly 1995 - 2023
Foreign Investment: Direct (USD mn) 6,658.100 2023 yearly 2003 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Household Debt: % of GDP (%) 13.1 Sep 2024 quarterly Mar 2005 - Sep 2024
Money Supply M1 (USD mn) 16,253.184 Jan 2025 monthly Dec 1995 - Jan 2025
Money Supply M2 (USD mn) 20,442.450 Jan 2025 monthly Dec 1995 - Jan 2025
M2 Growth (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Reserve Requirement Ratio (%) 5.0 Feb 2025 monthly May 1993 - Feb 2025
Foreign Exchange Reserves (USD mn) 11,893.8 Jan 2025 monthly Dec 1992 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 17.721 Sep 2024 quarterly Dec 2001 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.8 Jan 2025 monthly Mar 1994 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 1992 - Jan 2025
Total Deposits (USD mn) 17,809.922 Jan 2025 monthly Jan 2005 - Jan 2025
Total Deposits Growth (%) 2.7 Jan 2025 monthly Jan 2006 - Jan 2025
Domestic Credit (USD mn) 20,574.4 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) -0.7 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt (USD mn) 10,086.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Loans (USD mn) 17,250.149 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans Growth (%) 20.37 Jan 2025 monthly Dec 2005 - Jan 2025
Private Debt: % of Nominal GDP (%) 24.17 Sep 2024 quarterly Dec 2001 - Sep 2024
Monetary Aggregates: M1 (AZN mn) 27,630.412 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) 15,285.340 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M3 (AZN mn) 45,564.260 Jan 2025 monthly Dec 2002 - Jan 2025
Monetary Aggregates: M2 (AZN mn) 34,752.165 Jan 2025 monthly Dec 2002 - Jan 2025
Official Foreign Reserves (USD mn) 10,991.800 Feb 2025 monthly Dec 2006 - Feb 2025

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