1. Professionals in the oil and gas industry: Engineers, technicians and managers often earn some of the highest salaries in the country.
Salary: from $2,500 - $5,000/ month.
2. IT professionals: Software developers, network engineers and IT project managers are in high demand, especially in Baku.
Salary: from $1,250 - $3,333 / month.
3. Specialists in the field of medicine and healthcare: Doctors, nurses and other healthcare professionals are in demand and well paid.
Salary: from $833 - $2,500 / month.
4. Engineers: Various fields of engineering, including civil, electrical and mechanical engineering, offer competitive salaries.
Salary: from $1,250 - $2,917/month.
5. Professionals in the field of finance: Professionals in banking and accounting.
Salary: from $1,000 - $2,500 / month.
- Working week:
The standard workweek in Azerbaijan is 40 hours, usually divided into five eight-hour working days.
The length of annual leave can vary depending on the length of service, but most often ranges from 14 to 28 days.
The duration of sick leave and the amount of compensation may vary depending on factors such as length of service and severity of illness.
Pregnant employees are entitled to 126 calendar days of maternity leave, which includes the prenatal and postnatal periods.
- Social security and benefits:
Azerbaijan has a social security system that provides benefits for various contingencies, including sickness, disability, unemployment and retirement. Employers and employees are obliged to make contributions to the social security system, which funds these benefits.
- Minimum salary in Azerbaijan - US$147 per month
- Average salary in Azerbaijan - US$332 per month
1. Government initiatives:
The Azerbaijani government has launched various initiatives and programs to support entrepreneurship and economic development, including grants and incentives for startups and small businesses.
2. Challenges:
Despite the progress made, issues such as corruption, limited access to finance and bureaucracy still exist and can affect the ease of doing business in the country;
3. Startup ecosystem:
Baku, the capital of Azerbaijan, is at the center of the country's startup ecosystem. The government, as well as various private and international organizations, actively support and promote entrepreneurship, especially in the technology and innovation sectors.
4. International trade:
Azerbaijan's strategic location at the crossroads of Europe and Asia makes it an ideal location for international trade. The country is working to improve trade relations with neighboring countries and beyond.
5. Popular business sectors
- energy and oil and gas
- construction and real estate
- Information technology (IT) and software development
- tourism and hotel and restaurant business
- agriculture and agribusiness
1. Baku: The capital city, Baku, is the primary economic and business center of Azerbaijan, offering diverse opportunities across industries and access to major transportation hubs.
2. Sumgait: Sumgait is known for its industrial complexes and chemical production, making it a significant location for manufacturing and petrochemical businesses.
3. Ganja: Ganja is the country's second-largest city and a growing regional hub for agriculture, trade, and manufacturing.
4. Lankaran: Lankaran, situated on the Caspian Sea coast, is notable for its agricultural production and is a promising location for agribusiness and tourism.
5. Nakhchivan: Nakhchivan, an autonomous exclave, has been focusing on trade and tourism development, particularly due to its strategic location between Iran, Turkey, and other neighboring countries.
