GDP deflator (base year varies by country), annual growth rate in Azerbaijan

Azerbaijan: GDP deflator (base year varies by country), annual growth rate was -1.41 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.41 % change on previous year
Change on year
up 84.9%
World rank
205th
of 211 countries
All-time high
747.1 % change on previous year
in 1993
All-time low
-18.9 % change on previous year
in 2009
Years of data
32
1991–2024

GDP deflator (base year varies by country), annual growth rate in Azerbaijan, 1991–2024

02004006008001991200720241991: 83.9 % change on previous year1993: 747.1 % change on previous year1995: 545.7 % change on previous year1996: 26.4 % change on previous year1997: 9.2 % change on previous year1998: -0.965 % change on previous year1999: 2.2 % change on previous year2000: 12.5 % change on previous year2001: 2.5 % change on previous year2002: 4.2 % change on previous year2003: 7 % change on previous year2004: 9.3 % change on previous year2005: 14.7 % change on previous year2006: 11.3 % change on previous year2007: 20.6 % change on previous year2008: 28 % change on previous year2009: -18.9 % change on previous year2010: 13.8 % change on previous year2011: 24.6 % change on previous year2012: 2.8 % change on previous year2013: 0.413 % change on previous year2014: -1.3 % change on previous year2015: -8.8 % change on previous year2016: 14.6 % change on previous year2017: 16.2 % change on previous year2018: 12.2 % change on previous year2019: -0.222 % change on previous year2020: -7.5 % change on previous year2021: 21.6 % change on previous year2022: 37.3 % change on previous year2023: -9.3 % change on previous year2024: -1.4 % change on previous year

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

Analysis

Azerbaijan recorded -1.41 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

That represents a change of up 84.9% on the previous year and down 5.8% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Azerbaijan peaked at 747.1 % change on previous year in 1993 and was at its lowest, -18.9 % change on previous year, in 2009.

That places Azerbaijan 205th out of 211 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.

GDP deflator (base year varies by country), annual growth rate in Azerbaijan, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Azerbaijan, 1991 to 2024.
Year % change on previous year Change
1991 83.92 % change on previous year
1993 747.1 % change on previous year +790.2%
1995 545.66 % change on previous year -27.0%
1996 26.42 % change on previous year -95.2%
1997 9.24 % change on previous year -65.0%
1998 -0.9652 % change on previous year -110.4%
1999 2.16 % change on previous year -324.0%
2000 12.49 % change on previous year +477.8%
2001 2.51 % change on previous year -79.9%
2002 4.21 % change on previous year +67.6%
2003 6.96 % change on previous year +65.2%
2004 9.25 % change on previous year +32.9%
2005 14.72 % change on previous year +59.1%
2006 11.33 % change on previous year -23.1%
2007 20.58 % change on previous year +81.7%
2008 27.97 % change on previous year +35.9%
2009 -18.9 % change on previous year -167.6%
2010 13.83 % change on previous year -173.2%
2011 24.61 % change on previous year +77.9%
2012 2.84 % change on previous year -88.4%
2013 0.4133 % change on previous year -85.5%
2014 -1.33 % change on previous year -421.9%
2015 -8.81 % change on previous year +562.2%
2016 14.63 % change on previous year -266.1%
2017 16.23 % change on previous year +10.9%
2018 12.18 % change on previous year -24.9%
2019 -0.2215 % change on previous year -101.8%
2020 -7.49 % change on previous year +3282.5%
2021 21.59 % change on previous year -388.1%
2022 37.27 % change on previous year +72.6%
2023 -9.32 % change on previous year -125.0%
2024 -1.41 % change on previous year -84.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 201.93 % change on previous year -0.9652 % change on previous year 747.1 % change on previous year 7
2000s 9.11 % change on previous year -18.9 % change on previous year 27.97 % change on previous year 10
2010s 7.44 % change on previous year -8.81 % change on previous year 24.61 % change on previous year 10
2020s 8.13 % change on previous year -9.32 % change on previous year 37.27 % change on previous year 5

Countries ranked near Azerbaijan

  1. 202 Kuwait -0.7325 % change on previous year compare
  2. 203 Seychelles -0.7449 % change on previous year compare
  3. 204 Vanuatu -0.7869 % change on previous year compare
  4. 206 Djibouti -1.54 % change on previous year compare
  5. 207 Senegal -1.7 % change on previous year compare
  6. 208 Brunei Darussalam -2.21 % change on previous year compare

See the full ranking of 211 places →

More population data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Azerbaijan?
Gdp deflator (base year varies by country), annual growth rate in Azerbaijan was -1.41 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Azerbaijan?
The highest recorded value was 747.1 % change on previous year in 1993.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Azerbaijan?
The lowest recorded value was -18.9 % change on previous year in 2009.
How does Azerbaijan rank for gdp deflator (base year varies by country), annual growth rate?
Azerbaijan ranks 205th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Azerbaijan?
Over the last ten years it is down 5.8%. 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 (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

GDP deflator (base year varies by country), annual growth rate in Azerbaijan. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/azerbaijan/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/azerbaijan/">GDP deflator (base year varies by country), annual growth rate in Azerbaijan</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). 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
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.