Azerbaijani Economy
The Azerbaijani economy is largely driven by its rich natural resources, particularly oil and gas. The country is a significant player in the Caspian Sea region, exporting energy to various countries. This sector contributes a substantial portion of the national income and attracts foreign investment.
In addition to energy, Azerbaijan is diversifying its economy by developing agriculture, tourism, and information technology. The government has implemented reforms to improve the business environment and promote sustainable growth. These efforts aim to reduce dependence on oil and create a more balanced economic structure.