Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan

Azerbaijan: Gross Fixed Capital Formation Deflator — Value Standard Local was -5.66 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-5.66 % change on previous year
Change on year
down 267.4%
World rank
205th
of 208 countries
All-time high
925.8 % change on previous year
in 1993
All-time low
-14.96 % change on previous year
in 1998
Years of data
33
1991–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan, 1991–2024

02004006008001.0k1991200720241991: 83.5 % change on previous year1993: 925.8 % change on previous year1994: 691.2 % change on previous year1995: 313.7 % change on previous year1996: 12.7 % change on previous year1997: 5.7 % change on previous year1998: -15 % change on previous year1999: -10.1 % change on previous year2000: -1.1 % change on previous year2001: -7.6 % change on previous year2002: 6.2 % change on previous year2003: 13.3 % change on previous year2004: 11.4 % change on previous year2005: -0.679 % change on previous year2006: -6 % change on previous year2007: 0.185 % change on previous year2008: 1.8 % change on previous year2009: -4.9 % change on previous year2010: 7.2 % change on previous year2011: 0.459 % change on previous year2012: 2.7 % change on previous year2013: 0.569 % change on previous year2014: -0.413 % change on previous year2015: 1.8 % change on previous year2016: 23.5 % change on previous year2017: 11.9 % change on previous year2018: 3.4 % change on previous year2019: 3.3 % change on previous year2020: 2.6 % change on previous year2021: -3.7 % change on previous year2022: 6.2 % change on previous year2023: 3.4 % change on previous year2024: -5.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Azerbaijan recorded -5.66 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.

Compared with earlier readings it is down 267.4% on the previous year and down 1,271.7% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Azerbaijan peaked at 925.8 % change on previous year in 1993 and was at its lowest, -14.96 % change on previous year, in 1998.

That places Azerbaijan 205th out of 208 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Azerbaijan, 1991 to 2024.
Year % change on previous year Change
1991 83.55 % change on previous year
1993 925.8 % change on previous year +1008.1%
1994 691.23 % change on previous year -25.3%
1995 313.73 % change on previous year -54.6%
1996 12.71 % change on previous year -95.9%
1997 5.67 % change on previous year -55.4%
1998 -14.96 % change on previous year -364.1%
1999 -10.12 % change on previous year -32.4%
2000 -1.15 % change on previous year -88.7%
2001 -7.62 % change on previous year +563.3%
2002 6.17 % change on previous year -181.1%
2003 13.26 % change on previous year +114.8%
2004 11.43 % change on previous year -13.8%
2005 -0.6789 % change on previous year -105.9%
2006 -6 % change on previous year +783.4%
2007 0.1849 % change on previous year -103.1%
2008 1.8 % change on previous year +872.2%
2009 -4.86 % change on previous year -370.6%
2010 7.16 % change on previous year -247.1%
2011 0.4588 % change on previous year -93.6%
2012 2.67 % change on previous year +482.5%
2013 0.5689 % change on previous year -78.7%
2014 -0.4128 % change on previous year -172.6%
2015 1.82 % change on previous year -541.0%
2016 23.5 % change on previous year +1191.0%
2017 11.86 % change on previous year -49.5%
2018 3.38 % change on previous year -71.5%
2019 3.27 % change on previous year -3.4%
2020 2.55 % change on previous year -21.8%
2021 -3.73 % change on previous year -246.1%
2022 6.17 % change on previous year -265.4%
2023 3.38 % change on previous year -45.2%
2024 -5.66 % change on previous year -267.4%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local 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.

YearChange FromTo
2016 +1191.0% 1.82 % change on previous year 23.5 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 250.95 % change on previous year -14.96 % change on previous year 925.8 % change on previous year 8
2000s 1.25 % change on previous year -7.62 % change on previous year 13.26 % change on previous year 10
2010s 5.43 % change on previous year -0.4128 % change on previous year 23.5 % change on previous year 10
2020s 0.5431 % change on previous year -5.66 % change on previous year 6.17 % change on previous year 5

Countries ranked near Azerbaijan

  1. 202 Cabo Verde -3.07 % change on previous year compare
  2. 203 Sri Lanka -3.8 % change on previous year compare
  3. 204 Dominican Republic -4.13 % change on previous year compare
  4. 206 Senegal -7.36 % change on previous year compare
  5. 207 Tunisia -7.56 % change on previous year compare
  6. 208 Central African Republic -7.58 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Azerbaijan?
Gross fixed capital formation deflator — value standard local in Azerbaijan was -5.66 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Azerbaijan?
The highest recorded value was 925.8 % change on previous year in 1993.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Azerbaijan?
The lowest recorded value was -14.96 % change on previous year in 1998.
How does Azerbaijan rank for gross fixed capital formation deflator — value standard local?
Azerbaijan ranks 205th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Azerbaijan?
Over the last ten years it is down 1,271.7%. 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 Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/azerbaijan/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/azerbaijan/">Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation 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

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.