Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation Deflator — Value Standard Local was 150.78 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Azerbaijan stood at 150.78 SLC.
That represents a change of down 5.7% on the previous year and up 53.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Azerbaijan peaked at 159.83 SLC in 2023 and was at its lowest, 0.0122 SLC, in 1990.
Azerbaijan ranks 59th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Azerbaijan, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0.0122 SLC | — |
| 1991 | 0.0225 SLC | +83.5% |
| 1992 | 0.2618 SLC | +1065.3% |
| 1993 | 2.69 SLC | +925.8% |
| 1994 | 21.25 SLC | +691.2% |
| 1995 | 87.92 SLC | +313.7% |
| 1996 | 99.1 SLC | +12.7% |
| 1997 | 104.72 SLC | +5.7% |
| 1998 | 89.05 SLC | -15.0% |
| 1999 | 80.03 SLC | -10.1% |
| 2000 | 79.12 SLC | -1.1% |
| 2001 | 73.09 SLC | -7.6% |
| 2002 | 77.6 SLC | +6.2% |
| 2003 | 87.89 SLC | +13.3% |
| 2004 | 97.94 SLC | +11.4% |
| 2005 | 97.28 SLC | -0.7% |
| 2006 | 91.44 SLC | -6.0% |
| 2007 | 91.61 SLC | +0.2% |
| 2008 | 93.26 SLC | +1.8% |
| 2009 | 88.72 SLC | -4.9% |
| 2010 | 95.07 SLC | +7.2% |
| 2011 | 95.51 SLC | +0.5% |
| 2012 | 98.06 SLC | +2.7% |
| 2013 | 98.62 SLC | +0.6% |
| 2014 | 98.21 SLC | -0.4% |
| 2015 | 100 SLC | +1.8% |
| 2016 | 123.5 SLC | +23.5% |
| 2017 | 138.15 SLC | +11.9% |
| 2018 | 142.82 SLC | +3.4% |
| 2019 | 147.49 SLC | +3.3% |
| 2020 | 151.26 SLC | +2.6% |
| 2021 | 145.61 SLC | -3.7% |
| 2022 | 154.6 SLC | +6.2% |
| 2023 | 159.83 SLC | +3.4% |
| 2024 | 150.78 SLC | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.51 SLC | 0.0122 SLC | 104.72 SLC | 10 |
| 2000s | 87.8 SLC | 73.09 SLC | 97.94 SLC | 10 |
| 2010s | 113.74 SLC | 95.07 SLC | 147.49 SLC | 10 |
| 2020s | 152.42 SLC | 145.61 SLC | 159.83 SLC | 5 |
Countries ranked near Azerbaijan
- 56 Bangladesh 153.31 SLC compare
- 57 Equatorial Guinea 152.74 SLC compare
- 58 Iraq 151.49 SLC compare
- 60 Honduras 150.71 SLC compare
- 61 Turks and Caicos Islands 150.4 SLC compare
- 62 Trinidad and Tobago 149.37 SLC 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)
- Services, value added (current US$), annual growth rate 8.73 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4529 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,357 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 8.73 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.77 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 5,706 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.28 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4008 constant 2015 US$ per US$ of GDP (2025)
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 150.78 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Azerbaijan?
- The highest recorded value was 159.83 SLC in 2023.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Azerbaijan?
- The lowest recorded value was 0.0122 SLC in 1990.
- How does Azerbaijan rank for gross fixed capital formation deflator — value standard local?
- Azerbaijan ranks 59th out of 194 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 up 53.5%. 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 Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 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).