The international railway of Azerbaijan used to be passed through the village.
Its population is busy with grain-growing, vegetable-growing, animal husbandry, fruit-growing and horticulture.
[1] The settlement was founded by the tribe of Qaraxanbəyli of Turkic Kengerlis.
In the middle of the 18th century, a part of the qaraxanbəyli tribe has been resettled in the Karabakh Khanate by the Panah Ali Khan.
[2] Since June 9, 2009, the Garakhanbayli village of Babak region are included in the scope of administrative-territorial unit of Nakhchivan.