Azerbaijan Unemployment Rate

2008 - 2023 | Quarterly | % | CEIC Data

Key information about Azerbaijan Unemployment Rate

  • Azerbaijan Unemployment Rate increased to 5.64% in Mar 2023, from the previously reported figure of 5.64% in Dec 2022.
  • Azerbaijan Unemployment Rate is updated quarterly, available from Mar 2008 to Mar 2023, with an average rate of 5.26%.
  • The data reached an all-time high of 7.16% in Dec 2020 and a record low of 4.81% in Sep 2015.
  • The data is reported by reported by CEIC Data.
  • In the latest reports, Azerbaijan Population reached 10.13 million people in Dec 2022.


View Azerbaijan's Unemployment Rate from Mar 2008 to Mar 2023 in the chart:

Azerbaijan Unemployment Rate

What was Azerbaijan's Unemployment Rate in Mar 2023?

Azerbaijan Unemployment Rate increased to 5.64% in Mar 2023, from the previously reported figure of 5.64% in Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.64 Mar 2023 5.64 Dec 2022 4.81 Sep 2015 7.16 Dec 2020 % quarterly Mar 2008 - Mar 2023

Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 10.54 Sep 2023 quarterly Mar 2012 - Sep 2023
Algeria (%) 11.40 Jun 2019 quarterly Mar 2014 - Jun 2019
Argentina (%) 6.90 Mar 2023 quarterly Jun 1990 - Mar 2023
Armenia (%) 11.70 Jun 2023 quarterly Mar 2008 - Jun 2023
Australia (%) 3.88 Dec 2023 monthly Feb 1978 - Dec 2023
Austria (%) 4.90 Nov 2023 monthly Jan 1993 - Nov 2023
Azerbaijan (%) 5.64 Mar 2023 quarterly Mar 2008 - Mar 2023
Bahrain (%) 5.90 2020 yearly 1991 - 2020
Bangladesh (%) 5.30 2020 yearly 1991 - 2020
Belarus (%) 0.10 Dec 2023 monthly Oct 2004 - Dec 2023
Belgium (%) 5.70 Dec 2023 monthly Jan 1983 - Dec 2023
Bolivia (%) 2.83 Dec 2023 quarterly Dec 2015 - Dec 2023
Bosnia and Herzegovina (%) 15.38 2022 yearly 2006 - 2022
Botswana (%) 20.68 2022 yearly 1991 - 2022
Brazil (%) 7.40 Dec 2023 monthly Mar 2012 - Dec 2023
Brunei (%) 5.20 2022 yearly 1981 - 2022
Bulgaria (%) 4.00 Sep 2023 quarterly Mar 2000 - Sep 2023
Cambodia (%) 2.40 2020 yearly 2020 - 2020
Canada (%) 5.70 Jan 2024 monthly Jan 1976 - Jan 2024
Chile (%) 8.48 Dec 2023 monthly Mar 2009 - Dec 2023
China (%) 5.10 Dec 2023 quarterly Mar 2017 - Dec 2023
Colombia (%) 12.12 Mar 2022 monthly Jan 2021 - Mar 2022
Croatia (%) 6.80 Dec 2022 quarterly Mar 1998 - Dec 2022
Cyprus (%) 6.10 Dec 2023 monthly Jan 2000 - Dec 2023
Czech Republic (%) 2.74 Dec 2023 monthly Jan 1993 - Dec 2023
Denmark (%) 4.90 Apr 2023 monthly Jan 2007 - Apr 2023
Ecuador (%) 3.38 Dec 2023 quarterly Dec 2013 - Dec 2023
Egypt (%) 7.10 Sep 2023 quarterly Mar 2003 - Sep 2023
Estonia (%) 5.30 Mar 2023 quarterly Mar 1997 - Mar 2023
European Union (%) 5.90 Dec 2023 monthly Jan 2000 - Dec 2023
Finland (%) 6.90 Apr 2023 monthly Jan 1988 - Apr 2023
France (%) 7.20 Jun 2023 quarterly Mar 1975 - Jun 2023
Georgia (%) 17.26 2022 yearly 1991 - 2022
Germany (%) 3.10 Dec 2023 monthly Jan 1991 - Dec 2023
Ghana (%) 3.92 2023 yearly 1991 - 2023
Greece (%) 11.20 Apr 2023 monthly Apr 1998 - Apr 2023
Hong Kong SAR, China (%) 2.90 Dec 2023 monthly Oct 1981 - Dec 2023
Hungary (%) 4.40 Dec 2023 monthly Jan 2000 - Dec 2023
Iceland (%) 3.47 Dec 2023 monthly Jan 2003 - Dec 2023
India (%) 7.11 2020 yearly 1991 - 2020
Indonesia (%) 5.32 2023 yearly 1984 - 2023
Iran (%) 8.90 Dec 2021 quarterly Jun 2001 - Dec 2021
Ireland (%) 4.10 Jul 2023 monthly Jan 1998 - Jul 2023
Israel (%) 3.09 Dec 2023 monthly Jan 2012 - Dec 2023
Italy (%) 7.17 Dec 2023 monthly Jan 1983 - Dec 2023
Ivory Coast (%) 3.50 2020 yearly 1991 - 2020
Japan (%) 2.40 Dec 2023 monthly Jan 1953 - Dec 2023
Jordan (%) 22.30 May 2023 quarterly Feb 2000 - May 2023
Kazakhstan (%) 4.70 Dec 2023 monthly Jan 2001 - Dec 2023
Kenya (%) 2.98 2020 yearly 1991 - 2020
South Korea (%) 3.30 Dec 2023 monthly Jun 1999 - Dec 2023
Kosovo (%) 11.50 Mar 2023 quarterly Mar 2016 - Mar 2023
Kuwait (%) 0.93 2021 yearly 1999 - 2021
Kyrgyzstan (%) 4.90 2022 yearly 1992 - 2022
Laos (%) 0.95 2020 yearly 1991 - 2020
Latvia (%) 6.60 Dec 2023 monthly Jan 1998 - Dec 2023
Lebanon (%) 29.56 2021 yearly 2004 - 2021
Lithuania (%) 6.30 Dec 2023 monthly Jan 1998 - Dec 2023
Luxembourg (%) 5.50 Dec 2023 monthly Jan 1995 - Dec 2023
Macau SAR, China (%) 2.30 Dec 2023 monthly Sep 1996 - Dec 2023
North Macedonia (%) 13.30 Mar 2023 quarterly Mar 2023 - Mar 2023
Malawi (%) 6.60 2013 yearly 2005 - 2013
Malaysia (%) 3.40 Dec 2023 monthly Jan 2010 - Dec 2023
Malta (%) 2.50 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (%) 7.10 Mar 2020 quarterly Mar 2004 - Mar 2020
Mexico (%) 2.79 Dec 2023 monthly Jan 2005 - Dec 2023
Moldova (%) 5.55 Mar 2023 quarterly Mar 1999 - Mar 2023
Mongolia (%) 5.76 Jun 2023 quarterly Sep 2006 - Jun 2023
Montenegro (%) 11.80 Sep 2023 quarterly Mar 2008 - Sep 2023
Morocco (%) 12.40 Jun 2023 quarterly Mar 1999 - Jun 2023
Mozambique (%) 3.87 2023 yearly 1991 - 2023
Myanmar (%) 1.79 2020 yearly 1991 - 2020
Nepal (%) 4.44 2020 yearly 1991 - 2020
Netherlands (%) 3.10 Jul 2021 monthly Jan 2003 - Jul 2021
New Zealand (%) 4.00 Dec 2023 quarterly Mar 1986 - Dec 2023
Nigeria (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Norway (%) 3.70 Nov 2023 monthly Jan 1989 - Nov 2023
Oman (%) 3.30 Nov 2023 monthly Mar 2018 - Nov 2023
Pakistan (%) 6.30 2021 yearly 1980 - 2021
Palestinian Territory (%) 24.10 Sep 2023 quarterly Mar 2000 - Sep 2023
Panama (%) 11.30 2021 yearly 2003 - 2021
Paraguay (%) 5.95 Sep 2023 quarterly Mar 2017 - Sep 2023
Peru (%) 6.38 Dec 2023 monthly Mar 2001 - Dec 2023
Philippines (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023
Poland (%) 5.10 Dec 2023 monthly Jan 1990 - Dec 2023
Portugal (%) 7.20 Jan 2021 monthly Feb 1998 - Jan 2021
Qatar (%) 0.10 2019 yearly 1997 - 2019
Romania (%) 5.60 Apr 2023 monthly Jan 2004 - Apr 2023
Russia (%) 3.03 Sep 2023 monthly Jan 1994 - Sep 2023
Saudi Arabia (%) 5.12 Sep 2023 quarterly Mar 2012 - Sep 2023
Serbia (%) 9.60 Jun 2023 quarterly Mar 2014 - Jun 2023
Singapore (%) 1.90 May 2023 monthly Mar 2020 - May 2023
Slovakia (%) 3.88 Dec 2023 monthly Jan 2006 - Dec 2023
Slovenia (%) 3.90 Sep 2023 quarterly Jun 1997 - Sep 2023
South Africa (%) 31.90 Sep 2023 quarterly Mar 2008 - Sep 2023
Spain (%) 11.76 Dec 2023 quarterly Sep 1976 - Dec 2023
Sri Lanka (%) 4.70 Sep 2023 quarterly Mar 2004 - Sep 2023
Sudan (%) 20.30 2010 yearly 1993 - 2010
Sweden (%) 7.22 Apr 2023 monthly Jan 1983 - Apr 2023
Switzerland (%) 4.35 Sep 2023 monthly Jan 1991 - Sep 2023

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Azerbaijan Key Series

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Includes 245 key indicators for Azerbaijan, curated by CEIC analysts. Instant access to full history data in excel.
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) -519.824 Dec 2023 monthly Dec 2004 - Dec 2023
Tax Revenue (USD mn) 12,268.647 2022 yearly 1993 - 2022
Tax Revenue: % of GDP (%) 15.6 2022 yearly 1993 - 2022
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) 46.691 2028 yearly 1994 - 2028
Forecast: Government Net Debt (AZN bn) 42.467 2028 yearly 1995 - 2028
Forecast: Government Revenue (AZN bn) 43.588 2028 yearly 1994 - 2028
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Government Expenditure: ytd (AZN mn) 36,458.500 Dec 2023 monthly Dec 2004 - Dec 2023
Government Revenue: ytd (AZN mn) 35,574.800 Dec 2023 monthly Dec 2004 - Dec 2023
Government Balance: ytd (AZN mn) -883.700 Dec 2023 monthly Dec 2004 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.362 2028 yearly 1993 - 2028
Trade Balance (USD mn) 529.3 Nov 2023 monthly Jan 2000 - Nov 2023
Total Exports (USD mn) 2,167.7 Nov 2023 monthly Jan 2000 - Nov 2023
Total Exports Growth (%) 26.2 Apr 2023 monthly Jan 2001 - Apr 2023
Aluminum: Exports (USD th) 218,895.472 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,299.522 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,675.436 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,638.4 Nov 2023 monthly Jan 2000 - Nov 2023
Total Imports Growth (%) 26.6 Nov 2023 monthly Jan 2001 - Nov 2023
Imports: Medicament (USD th) 512,036.676 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 143,251.679 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1.350 Oct 2023 monthly Jan 1996 - Oct 2023
Total Imports from USA (USD mn) 218.553 Oct 2023 monthly Apr 1993 - Oct 2023
Total Exports to China (USD mn) 2.059 Oct 2023 monthly Nov 2010 - Oct 2023
Total Imports from China (USD mn) 290.076 Oct 2023 monthly Mar 1997 - Oct 2023
Exports: SITC: Other Chemical Products (USD th) 766,975.700 2022 yearly 1996 - 2022
Exports: SITC: Food and Live Animals (USD th) 812,204.600 2022 yearly 1996 - 2022
Exports: SITC: Manufactured Goods by Material (USD th) 554,232.200 2022 yearly 1996 - 2022
Exports: SITC: Animal and Vegetable Oils, Fats and Waxes (USD th) 26,573.000 2022 yearly 1996 - 2022
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (USD th) 35,300,195.400 2022 yearly 1996 - 2022
Exports: FOB: Non CIS States: France (USD th) 64,595.200 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: Israel (USD th) 898,097.000 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: United States of America (USD th) 75,147.300 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: Italy (USD th) 9,243,521.400 2021 yearly 1992 - 2021
Exports: FOB: Non CIS States: Indonesia (USD th) 87,318.600 2021 yearly 1998 - 2021
Imports: SITC: Manufactured Goods by Material (USD th) 2,458,484.500 2022 yearly 1996 - 2022
Imports: SITC: Food and Live Animals (USD th) 2,161,107.500 2022 yearly 1996 - 2022
Imports: SITC: Other Manufactured Articles (USD th) 1,391,918.900 2022 yearly 1996 - 2022
Imports: SITC: Crude Materials, Inedible, except Fuels (USD th) 401,455.700 2022 yearly 1996 - 2022
Imports: SITC: Other Chemical Products (USD th) 1,797,797.500 2022 yearly 1996 - 2022
Imports: CIF: Non CIS States: Turkey (USD th) 1,843,709.300 2021 yearly 1992 - 2021
Imports: CIF: CIS States: Russian Federation (USD th) 2,734,783.100 2022 yearly 1992 - 2022
Imports: CIF: Non CIS States: Germany (USD th) 663,599.000 2022 yearly 1992 - 2022
Imports: CIF: Non CIS States: China (USD th) 2,086,286.200 2022 yearly 1992 - 2022
Imports: CIF: CIS States: Ukraine (USD th) 259,804.600 2022 yearly 1992 - 2022
Exports Index: FOB (Same Qtr PY=100) 54.110 Sep 2023 quarterly Mar 1998 - Sep 2023
Imports Index: FOB (Same Qtr PY=100) 114.404 Sep 2023 quarterly Mar 1998 - Sep 2023
Energy Exports: Natural Gas (Cub m mn) 22,634.900 2022 yearly 2007 - 2022
Energy Exports: Crude Oil (Tonne th) 26,648.900 2022 yearly 2007 - 2022
Energy Imports: Crude Oil (Tonne th) 673.400 2022 yearly 2009 - 2022
Energy Imports: Natural Gas (Cub m mn) 2,109.900 2017 yearly 2016 - 2017
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,857.2 Sep 2023 quarterly Mar 2000 - Sep 2023
Current Account Balance (USD mn) 5,767.5 Dec 2022 quarterly Mar 2013 - Dec 2022
Current Account Balance: % of GDP (%) 8.5 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Direct Investment (USD mn) -2,662.5 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Direct Investment: % of GDP (%) -14.8 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment (USD mn) -109.953 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.6 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -2.8 Sep 2023 quarterly Mar 2003 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -107.201 Sep 2023 quarterly Mar 2003 - Sep 2023
External Debt (USD mn) 8,135.7 Dec 2021 quarterly Dec 2001 - Dec 2021
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 (%) 0.0 2021 yearly 1993 - 2021
Forecast: Current Account Balance (USD bn) 6.695 2028 yearly 1992 - 2028
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) -738.534 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Capital Account (USD mn) -8.429 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Transfers: Credit (USD mn) 1,373.667 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Credit (USD mn) 29,160.218 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Income (USD mn) -2,390.206 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Reserve Assets: Flow (USD mn) 6,402.001 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Capital Account: Credit (USD mn) 3.737 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Debit (USD mn) 22,486.295 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Transfers: Debit (USD mn) 538.279 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Services (USD mn) -1,747.721 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Balancing Item (USD mn) -662.188 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Liabilities (USD mn) 53.611 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) -692.321 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Assets (USD mn) 5,746.542 Sep 2022 quarterly Mar 2013 - Sep 2022
BoP: ytd: Current Account: Income: Debit (USD mn) 3,838.461 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Capital Account: Debit (USD mn) 12.166 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Income: Credit (USD mn) 1,448.255 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Goods: Credit (USD mn) 21,826.418 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) 1,013.445 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Services: Debit (USD mn) 6,259.599 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Goods (USD mn) 9,976.462 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) 75.430 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: ytd: Current Account: Services: Credit (USD mn) 4,511.878 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) -2,175.277 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Current Account: Goods: Debit (USD mn) 11,849.956 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) 172.210 Dec 2022 quarterly Mar 2015 - Dec 2022
BoP: ytd: Current Account: Transfers (USD mn) 835.388 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) -4.291 Sep 2018 quarterly Sep 2018 - Sep 2018
Foreign Investment (USD mn) 8,752.500 2022 yearly 1995 - 2022
Foreign Investment: Oil Industry (USD mn) 4,004.900 2021 yearly 1995 - 2021
Foreign Investment: Direct (USD mn) 6,275.900 2022 yearly 2003 - 2022
AZ: BOP: Current Account: Personal Remittances: Paid (USD mn) 811.938 2022 yearly 1995 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.9 Mar 2015 quarterly Dec 2009 - Mar 2015
Household Debt: % of GDP (%) 10.6 Sep 2023 quarterly Mar 2005 - Sep 2023
Money Supply M1 (USD mn) 17,458.000 Dec 2023 monthly Dec 1995 - Dec 2023
Money Supply M2 (USD mn) 20,806.958 Dec 2023 monthly Dec 1995 - Dec 2023
M2 Growth (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Reserve Requirement Ratio (%) 5.0 Dec 2023 monthly May 1993 - Dec 2023
Foreign Exchange Reserves (USD mn) 13,039.5 Dec 2023 monthly Dec 1992 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 13.738 Sep 2023 quarterly Dec 2001 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 7.1 Nov 2023 monthly Mar 1994 - Nov 2023
Gold Reserves (USD mn) 0.000 Dec 2023 monthly Dec 1992 - Dec 2023
Total Deposits (USD mn) 17,149.897 Dec 2023 monthly Jan 2005 - Dec 2023
Total Deposits Growth (%) -1.2 Dec 2023 monthly Jan 2006 - Dec 2023
Domestic Credit (USD mn) 19,931.9 Nov 2023 monthly Dec 2001 - Nov 2023
Domestic Credit Growth (%) 7.6 Nov 2023 monthly Dec 2002 - Nov 2023
Household Debt (USD mn) 8,239.0 Dec 2023 monthly Jan 2005 - Dec 2023
Total Loans (USD mn) 14,105.367 Dec 2023 monthly Dec 2004 - Dec 2023
Total Loans Growth (%) 18.80 Dec 2023 monthly Dec 2005 - Dec 2023
Private Debt: % of Nominal GDP (%) 20.77 Sep 2023 quarterly Dec 2001 - Sep 2023
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) 15,873.293 Dec 2023 monthly Dec 2002 - Dec 2023
Monetary Aggregates: M2 (AZN mn) 35,371.828 Dec 2023 monthly Dec 2002 - Dec 2023
Monetary Aggregates: M3 (AZN mn) 45,073.454 Dec 2023 monthly Dec 2002 - Dec 2023
Monetary Aggregates: M1 (AZN mn) 29,678.600 Dec 2023 monthly Dec 2002 - Dec 2023
Deposits: Outstanding Amounts (AZN mn) 36,965.110 Dec 2023 monthly Dec 2004 - Dec 2023
Loans: Outstanding Amounts (AZN mn) 23,979.124 Dec 2023 monthly Dec 2004 - Dec 2023
Loans: Outstanding Amounts: Households (AZN mn) 14,006.320 Dec 2023 monthly Jan 2005 - Dec 2023

More Indicators for Azerbaijan

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