GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Azerbaijan
Azerbaijan: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was -1.41 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Azerbaijan, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Azerbaijan recorded -1.41 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
That represents a change of up 84.7% on the previous year and down 9.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Azerbaijan peaked at 747.57 % change on previous year in 1993 and was at its lowest, -18.84 % change on previous year, in 2009.
Azerbaijan ranks 204th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Azerbaijan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 83.55 % change on previous year | — |
| 1993 | 747.57 % change on previous year | +794.8% |
| 1995 | 545.82 % change on previous year | -27.0% |
| 1996 | 26.48 % change on previous year | -95.1% |
| 1997 | 9.23 % change on previous year | -65.1% |
| 1998 | -0.9586 % change on previous year | -110.4% |
| 1999 | 2.16 % change on previous year | -325.8% |
| 2000 | 12.5 % change on previous year | +477.5% |
| 2001 | 2.51 % change on previous year | -79.9% |
| 2002 | 3.15 % change on previous year | +25.3% |
| 2003 | 6.05 % change on previous year | +92.1% |
| 2004 | 8.36 % change on previous year | +38.2% |
| 2005 | 16.12 % change on previous year | +92.8% |
| 2006 | 11.34 % change on previous year | -29.7% |
| 2007 | 20.98 % change on previous year | +85.1% |
| 2008 | 27.78 % change on previous year | +32.4% |
| 2009 | -18.84 % change on previous year | -167.8% |
| 2010 | 13.6 % change on previous year | -172.2% |
| 2011 | 22.56 % change on previous year | +65.9% |
| 2012 | 2.88 % change on previous year | -87.2% |
| 2013 | 0.4454 % change on previous year | -84.6% |
| 2014 | -1.29 % change on previous year | -388.6% |
| 2015 | -8.89 % change on previous year | +592.0% |
| 2016 | 14.71 % change on previous year | -265.5% |
| 2017 | 16.31 % change on previous year | +10.8% |
| 2018 | 12.13 % change on previous year | -25.6% |
| 2019 | -0.2266 % change on previous year | -101.9% |
| 2020 | -7.45 % change on previous year | +3188.9% |
| 2021 | 21.59 % change on previous year | -389.7% |
| 2022 | 37.33 % change on previous year | +72.9% |
| 2023 | -9.17 % change on previous year | -124.6% |
| 2024 | -1.41 % change on previous year | -84.7% |
Azerbaijan compared with similar countries
- Azerbaijan's -1.41 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year. (51 countries reporting)
- Azerbaijan's -1.41 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -3188.9% | -0.2266 % change on previous year | -7.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 201.98 % change on previous year | -0.9586 % change on previous year | 747.57 % change on previous year | 7 |
| 2000s | 8.99 % change on previous year | -18.84 % change on previous year | 27.78 % change on previous year | 10 |
| 2010s | 7.22 % change on previous year | -8.89 % change on previous year | 22.56 % change on previous year | 10 |
| 2020s | 8.18 % change on previous year | -9.17 % change on previous year | 37.33 % change on previous year | 5 |
Countries ranked near Azerbaijan
- 201 Kuwait -0.7322 % change on previous year compare
- 202 Seychelles -0.7453 % change on previous year compare
- 203 Vanuatu -0.7872 % change on previous year compare
- 205 Djibouti -1.54 % change on previous year compare
- 206 Senegal -1.7 % change on previous year compare
- 207 Brunei Darussalam -2.21 % change on previous year compare
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Azerbaijan?
- Gdp deflator — value standard local currency, 2015 prices, annual in Azerbaijan was -1.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Azerbaijan?
- The highest recorded value was 747.57 % change on previous year in 1993.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Azerbaijan?
- The lowest recorded value was -18.84 % change on previous year in 2009.
- How does Azerbaijan rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Azerbaijan ranks 204th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Azerbaijan?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.