Azerbaijan’s economy got a helping hand post its independence from Soviet Russian in early 90’s. After the completion of the Baku-Tbilisi-Ceyhan Pipeline it transformed into major oil based economy self-sufficient from Russia’s dependence. It’s GDP has been growing year after year, setting an example for the highest rate growth in any country in the world. Under normal conditions, such GDP rate growth cannot be sustained over a longer period of time, but Azerbaijan has been able to do so.
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