Skilled labour force

∙ About half of the population is economically active. Total labour force reached 4.8 million persons.
∙ One of the highest employment rates in the region (95%).
∙ The main driver of employment is the private sector (74%).
∙ Extremely high literacy rate of 99.8%.
∙ Around 30 thousand students graduate from universities and other higher education institutions annually.
∙ Large number of Azerbaijani students studying in the best universities worldwide in the framework of the State Programme on Education of Azerbaijani Youth Abroad in 2007-2015.
∙ A large R&D center, the National Academy of Sciences with its 28 research institutes in parallel with 52 universities and 108 colleges ensures the scientific and HR component of economic development.