As of 2021, 5.3 million people or 52% of the total population of Azerbaijan is economically active. Unemployment rate in the country is quite low and equals only to 7.2%. Major part of population is hired by private sector, however participation of public sector is also quite high - 21.4%. Literacy rate in the country is very high - 99.8%, as well as the number of schools and universities. Among 11 CIS countries Azerbaijan is the 9th in the terms of territory, in the meantime it has the 6th largest labor force.

Labor Force – 2019

Azerbaijan overall labor force is around 5252,5 thousand people, which makes the country the 3rd largest labor force in CIS countries.

A rapid expansion in the number of universities has allowed Azerbaijan to have more university graduates,enabling Azerbaijan to transform its young population and large labor force into a skilled workforce.

• Around 200,000 students are enrolled in higher education currently
• Around 38,000 university graduates annually
• World-class engineering education

Number of Universities and University Graduates