Skilled and cost competitive labor force

As of 2022, 5.2 million people or 51% of the total population of Azerbaijan is economically active. Unemployment rate in the country is quite low and equals only to 5.6%. Major part of population is hired by private sector, however participation of public sector is also quite high - 20.7%. Literacy rate in the country is very high - 99.8%.

Economically active people
 

 

Employed people / Division by sector
 

 

Employed people / Types of economic activity
 

 

Average salary
 

 

Share of employed people in total population
 

 

Number of universities and university students

A rapid expansion in the number of universities has allowed Azerbaijan to have more university graduates,enabling Azerbaijan to transform its young population and large labor force into a skilled workforce.

 

  • More than 200,000 students are enrolled in higher education currently
  • Over 37,000 university graduates annually
  • World-class engineering education