Azerbaijan: Assessment of Economic and Export Diversification

Azerbaijan’s government has been promoting greater economic diversification away from the oil and gas sector over the past decade, but is still a long way from a diversified economy.

The Natural Resource Governance Institute, through analyzing the Azerbaijani government’s initiatives, has produced an assessment of its progress and the barriers to achieving the broader goal of lessening the country’s dependence on oil and gas.

The report covers strategic sectors and economic activity as well as the macroeconomic issues endemic in Azerbaijan’s economy that hamper further progress.