Value Added Deflator (Manufacturing) — Value Standard Local Currency in Azerbaijan
Azerbaijan: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -8.56 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Azerbaijan, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Azerbaijan is -8.56 % change on previous year, measured in 2023.
Compared with earlier readings it is down 157.1% on the previous year and down 346.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Azerbaijan peaked at 577.85 % change on previous year in 1993 and was at its lowest, -23.27 % change on previous year, in 1999.
Azerbaijan ranks 195th 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.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Azerbaijan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 75.39 % change on previous year | — |
| 1993 | 577.85 % change on previous year | +666.5% |
| 1995 | 559.37 % change on previous year | -3.2% |
| 1996 | 24.05 % change on previous year | -95.7% |
| 1997 | -7.79 % change on previous year | -132.4% |
| 1998 | 6.94 % change on previous year | -189.0% |
| 1999 | -23.27 % change on previous year | -435.5% |
| 2000 | 0.2525 % change on previous year | -101.1% |
| 2001 | 26.55 % change on previous year | +10415.5% |
| 2002 | 26.6 % change on previous year | +0.2% |
| 2003 | 20.17 % change on previous year | -24.2% |
| 2004 | 3.62 % change on previous year | -82.1% |
| 2005 | -1.13 % change on previous year | -131.3% |
| 2006 | 22.2 % change on previous year | -2057.3% |
| 2007 | 18.53 % change on previous year | -16.5% |
| 2008 | 24.76 % change on previous year | +33.6% |
| 2009 | 19.19 % change on previous year | -22.5% |
| 2010 | -4.28 % change on previous year | -122.3% |
| 2011 | -3.33 % change on previous year | -22.3% |
| 2012 | 6.79 % change on previous year | -304.0% |
| 2013 | 3.48 % change on previous year | -48.8% |
| 2014 | 9.19 % change on previous year | +164.5% |
| 2015 | -5.01 % change on previous year | -154.5% |
| 2016 | 10.3 % change on previous year | -305.6% |
| 2017 | 13.08 % change on previous year | +26.9% |
| 2018 | 5.19 % change on previous year | -60.3% |
| 2019 | 0.3209 % change on previous year | -93.8% |
| 2020 | -1.43 % change on previous year | -544.2% |
| 2021 | 13.02 % change on previous year | -1013.8% |
| 2022 | 15 % change on previous year | +15.1% |
| 2023 | -8.56 % change on previous year | -157.1% |
Azerbaijan compared with similar countries
- Azerbaijan's -8.56 % change on previous year is below the median for upper middle income countries, which is 3.77 % change on previous year. (51 countries reporting)
- Azerbaijan's -8.56 % change on previous year is below the median for Europe & Central Asia, which is 5.11 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2001 | +10415.5% | 0.2525 % change on previous year | 26.55 % change on previous year |
| 2006 | +2057.3% | -1.13 % change on previous year | 22.2 % change on previous year |
| 2021 | +1013.8% | -1.43 % change on previous year | 13.02 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 173.22 % change on previous year | -23.27 % change on previous year | 577.85 % change on previous year | 7 |
| 2000s | 16.07 % change on previous year | -1.13 % change on previous year | 26.6 % change on previous year | 10 |
| 2010s | 3.57 % change on previous year | -5.01 % change on previous year | 13.08 % change on previous year | 10 |
| 2020s | 4.51 % change on previous year | -8.56 % change on previous year | 15 % change on previous year | 4 |
Countries ranked near Azerbaijan
- 192 Comoros -7.75 % change on previous year compare
- 193 Congo -8.08 % change on previous year compare
- 194 Singapore -8.37 % change on previous year compare
- 196 Luxembourg -8.62 % change on previous year compare
- 197 Oman -8.7 % change on previous year compare
- 198 Greenland -9.42 % 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 value added deflator (manufacturing) — value standard local currency in Azerbaijan?
- Value added deflator (manufacturing) — value standard local currency in Azerbaijan was -8.56 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Azerbaijan?
- The highest recorded value was 577.85 % change on previous year in 1993.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Azerbaijan?
- The lowest recorded value was -23.27 % change on previous year in 1999.
- How does Azerbaijan rank for value added deflator (manufacturing) — value standard local currency?
- Azerbaijan ranks 195th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Azerbaijan?
- Over the last ten years it is down 346.1%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.