GDP Deflator — Value US$, 2015 prices in Azerbaijan
Azerbaijan: GDP Deflator — Value US$, 2015 prices was 124.49 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Azerbaijan, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Azerbaijan stood at 124.49 USD.
Compared with earlier readings it is down 1.4% on the previous year and down 13.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Azerbaijan peaked at 145.21 USD in 2013 and was at its lowest, 32.68 USD, in 1990.
That places Azerbaijan 73rd out of 222 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP Deflator — Value US$, 2015 prices in Azerbaijan, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 32.68 USD | — |
| 1991 | 33.78 USD | +3.4% |
| 1992 | 34.55 USD | +2.3% |
| 1993 | 35.37 USD | +2.4% |
| 1994 | 36.12 USD | +2.1% |
| 1995 | 36.88 USD | +2.1% |
| 1996 | 37.56 USD | +1.8% |
| 1997 | 44.28 USD | +17.9% |
| 1998 | 45.17 USD | +2.0% |
| 1999 | 43.33 USD | -4.1% |
| 2000 | 44.89 USD | +3.6% |
| 2001 | 44.22 USD | -1.5% |
| 2002 | 43.69 USD | -1.2% |
| 2003 | 45.87 USD | +5.0% |
| 2004 | 49.67 USD | +8.3% |
| 2005 | 59.96 USD | +20.7% |
| 2006 | 70.64 USD | +17.8% |
| 2007 | 88.98 USD | +26.0% |
| 2008 | 118.75 USD | +33.5% |
| 2009 | 98.51 USD | -17.0% |
| 2010 | 112.06 USD | +13.8% |
| 2011 | 139.6 USD | +24.6% |
| 2012 | 144.36 USD | +3.4% |
| 2013 | 145.21 USD | +0.6% |
| 2014 | 143.38 USD | -1.3% |
| 2015 | 100 USD | -30.3% |
| 2016 | 73.65 USD | -26.3% |
| 2017 | 79.42 USD | +7.8% |
| 2018 | 90.17 USD | +13.5% |
| 2019 | 89.96 USD | -0.2% |
| 2020 | 83.26 USD | -7.5% |
| 2021 | 101.23 USD | +21.6% |
| 2022 | 139.03 USD | +37.3% |
| 2023 | 126.27 USD | -9.2% |
| 2024 | 124.49 USD | -1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 124.49 USD is above the median for upper middle income countries, which is 121.31 USD, 1.0× the median. (51 countries reporting)
- Azerbaijan's 124.49 USD is below the median for Europe & Central Asia, which is 125.65 USD, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.97 USD | 32.68 USD | 45.17 USD | 10 |
| 2000s | 66.52 USD | 43.69 USD | 118.75 USD | 10 |
| 2010s | 111.78 USD | 73.65 USD | 145.21 USD | 10 |
| 2020s | 114.86 USD | 83.26 USD | 139.03 USD | 5 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Real gdp growth, annual growth rate 206.94 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Azerbaijan?
- Gdp deflator — value us$, 2015 prices in Azerbaijan was 124.49 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Azerbaijan?
- The highest recorded value was 145.21 USD in 2013.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Azerbaijan?
- The lowest recorded value was 32.68 USD in 1990.
- How does Azerbaijan rank for gdp deflator — value us$, 2015 prices?
- Azerbaijan ranks 73rd out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Azerbaijan?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).