Azerbaijan vs Monaco: Economic Indicators Comparison

Azerbaijan with a GDP of $46.9B ranked the 88th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Azerbaijan and Monaco ranked 110th vs 1st, respectively.

Gross Domestic Product & Income

Stat	Azerbaijan	Monaco
GDP	$46.9B	$7.2B
GDP growth, 1 year	1.4%	6.1%
GDP growth, 5-years average	0.4%	N/A
Population	10M	39k
GDP per capita	$4.7k	$186k
GDP per capita growth	0.51%	5.3%
Purchasing Power Parity conversion factor	0.44	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.26	N/A
GDP per capita, PPP adjusted	$18k	$98k
GNI, Atlas method	$40.3B	N/A
GNI per capita	$4.1k	N/A
GNI, PPP adjusted	$170B	N/A
GNI per capita, PPP adjusted	$17k	N/A

Financial system and Human development

Stat	Azerbaijan	Monaco
Income Tax Rate	25%	N/A
Corporate Tax Rate	20%	N/A
Inflation, consumer prices	2.3%	N/A
Inflation, GDP deflator	11.9%	0.8%
Unemployment	5.2%	6.3%
Economic Freedom Index	69.3	83
Personal Freedom Index	6.73	8.7
Human Freedom Index	6.44	8.7
Property Rights Index	67.1	N/A
Judical Effectiveness Index	53.9	N/A
Business Freedom Index	80.8	N/A
Fiscal Health Index	99.2	N/A
Labor Freedom Index	66.2	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	74.6	N/A
Monetary Freedom Index	69.8	N/A
Government Spending Index	63	N/A
Tax Burden Index	88	N/A
Government Integrity Index	38.7	N/A
Corruption Perceptions Index	25	82
Life expectancy at birth, years	72.7	89.7
Suicide mortality rate, per 100,000 people	2.6	0.2
Mortality caused by road traffic injury, per 100,000 people	8.7	0
Intentional homicides, per 100,000 people	2	0
International tourism, number of arrivals	2.6M	347k

Government debt & reserves

Stat	Azerbaijan	Monaco
Central government debt, % of GDP	19.4%	N/A
External debt stocks, % of GNI	36.4%	N/A
External debt stocks	$16.2B	N/A
Short-term debt, % of total reserves	8.5%	N/A
Total debt service, % of exports and primary income	10.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	9.5%	N/A
Gross savings, % of GDP	33%	N/A
Gross capital formation, % of GDP	20.1%	N/A
Total reserves including gold	$6.7B	N/A
Foreign direct investment net inflows	$1.4B	N/A

Exports, imports and economic structure

Stat	Azerbaijan	Monaco
Exports of goods and services, % of GDP	54.3%	N/A
Imports of goods and services, % of GDP	37.7%	N/A
Current account balance (balance of payments)	$6.1B	N/A
Revenue excluding grants, % of GDP	35.1%	N/A
Grants excluding technical cooperation, BoP	$45.7M	N/A
Personal remittances received	$1.2B	N/A
Industry including construction value added, % of GDP	52.2%	13.1%
Agriculture, forestry and fishing value added, % of GDP	5.3%	N/A
Charges for the use of intellectual property, payments BoP	$28.2M	N/A
Charges for the use of intellectual property, receipts BoP	$28k	N/A
Expense, % of GDP	28%	N/A
Government Expenditure, % of GDP	35.1%	N/A