Azerbaijan Economy

The Azerbaijani economy with a population of 9.49 M (est 2014) ranks 71st in the world. It has a GDP PPP of $102.8 Billion and GDP PPP per capita of $11,044 vs. $53,101 (United States) according to the IMF in 2013. The national currency is the Azerbaijani manat (AZN) that is issued by Central Bank of Azerbaijan ( Local banks in the country offer fixed-term deposits including multi currency deposits denominated US dollars or Euro. Inflation in the country was estimated to be 2.4% in 2013 and 1.1% in 2012 by the website.