Key Figures

Chief of State:
President Ilham Aliyev
Head of Government:
Prime Minister Ali Asadov

Overview

Government Name:
Republic of Azerbaijan
Constitution:
Adopted: 1995; Contains changes based upon its declaration of independence from the Soviet Union. It discusses the people's power, the basis of the state, basic rights, responsibilities, and powers.
Government Type:
Presidential Republic
Republic of Azerbaijan Flag
Coat of Arms of Republic of Azerbaijan

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)

Country Risk Rating

B
Political and economic uncertainties and an occasionally difficult business environment can affect corporate payment behavior. Corporate default probability is appreciable. Source: Coface (2022)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president acts as commander-in-chief and is in charge of representing both local and foreign policies. The prime minister heads the national assembly.

The president is elected by an absolute majority vote through a two-round system. The prime minister is appointed by the president and confirmed by the national assembly.

5 years

Judicial

The constitutional court is the supreme body of constitutional justice on the matters attributed to its jurisdiction by the constitution.

The president and deputy president of court are appointed by the president.

15 years

Legislative

The national assembly is responsible for the creation of laws. The supreme court is the supreme judicial body in civil, criminal, and other cases related to the execution of general and specialized courts.

The national assembly has 125 members elected by plurality vote in single-member constituencies.

5 years

Regional Trade Blocs

No Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Taxes of Azerbaijan
Tax Name:
VAT

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/