Compare the economies of the countries

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Economy power of Azerbaijan & Mongolia

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Azerbaijan vs Mongolia

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Azerbaijan Mongolia
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The Republic of Azerbaijan is a nation located in the Caucasus region of Eurasia. It is considered to be situated at the crossroads of Eastern Europe and Western Asia. Its largest city and at the same time the capital of the nation is Baku.  More about Azerbaijan A landlocked nation of Mongolia is located in East Asia and it borders Russia and China. Though it does not share borders with Kazakhstan, they are only 37 kilometers between them. With the land area of over 1.564 million square kilometers, it is the 18th largest sovereign state in the world. However, because of only 3.3 million residents, it is at the same time one of the most sparsely populated ones. More about Mongolia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Azerbaijan Mongolia
Position in the ranking of countries 80 (2023) 114 (2023)
GDP [US$] 72,356,176,470 20,325,121,393
Percentage of the other 356 % 28.1 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Azerbaijan Mongolia
Position in the ranking of countries 80 (2023) 120 (2023)
GNI [US$] 69,275,529,411 18,096,012,116
Percentage of the other 382.8 % 26.1 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Azerbaijan Mongolia
Position in the ranking of countries 28 (2023) 48 (2023)
External balance [US$] 10,470,941,176 1,961,371,705
Percentage of the other 533.9 % 18.7 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Azerbaijan Mongolia
Position in the ranking of countries 28 (2023) 48 (2023)
Unemployment [%] 5.59 5.42
Percentage of the other 103.1 % 97 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Azerbaijan Mongolia
Position in the ranking of countries 92 (2023) 127 (2023)
Population 10,153,958 3,481,145
Percentage of the other 291.7 % 34.3 %

Population growth (annual %)

Density

Gender

Demography