What is the current statute of labor force in Azerbaijan?
- The total workforce in Azerbaijan accounts for more than 4.8 million people and the country is rich in engineering skills yet the wages are still competitive.
- Azerbaijan has an extremely high literacy rate of 99.8% and more than 50% of population is under age of 29.
- "State Program for education of Azerbaijan youth abroad in the years 2007-2015" creates tremendous opportunities for bright Azerbaijani youngsters to get education abroad and acquire relevant skills and knowledge. On completion of the programme, 5000 young people will be educated in the recognized universities of the world. A large R&D centre, the National Academy of Sciences with its 28 research institutes exists in Azerbaijan in parallel with 52 universities and 108 colleges which ensures the scientific component of economic development.