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Economy B057R17 AZERBAIJAN

Economy B057R17 AZERBAIJAN

Economy of Azerbaijan - WikipediaThe economy of Azerbaijan has completed its post-Soviet transition into a major oil based economy (with the completion of the Baku-Tbilisi-Ceyhan Pipeline), from one where the state played the major role.The transition to oil production led to remarkable growth figures as projects came online; reaching 26.4% in 2005 (second highest GDP growth in the world in 2005 only to Equatorial Guinea) and.Country group: Developing/Emerging, Upper

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