PPP conversion factor, private consumption in Azerbaijan

Azerbaijan: PPP conversion factor, private consumption was 0.5279 LCU per international $ in 2024. β–² Rising

Latest (2024)
0.5279 LCU per international $
Change on year
down 0.7%
World rank
189th
of 201 countries
All-time high
0.5317 LCU per international $
in 2023
All-time low
0.0002 LCU per international $
in 1992
Years of data
33
1992–2024

PPP conversion factor, private consumption in Azerbaijan, 1992–2024

00.20.40.61992200820241992: 0 LCU per international $1993: 0.002 LCU per international $1994: 0.038 LCU per international $1995: 0.188 LCU per international $1996: 0.219 LCU per international $1997: 0.222 LCU per international $1998: 0.217 LCU per international $1999: 0.194 LCU per international $2000: 0.191 LCU per international $2001: 0.189 LCU per international $2002: 0.191 LCU per international $2003: 0.191 LCU per international $2004: 0.199 LCU per international $2005: 0.211 LCU per international $2006: 0.221 LCU per international $2007: 0.251 LCU per international $2008: 0.292 LCU per international $2009: 0.297 LCU per international $2010: 0.309 LCU per international $2011: 0.323 LCU per international $2012: 0.301 LCU per international $2013: 0.324 LCU per international $2014: 0.321 LCU per international $2015: 0.357 LCU per international $2016: 0.413 LCU per international $2017: 0.482 LCU per international $2018: 0.483 LCU per international $2019: 0.474 LCU per international $2020: 0.47 LCU per international $2021: 0.483 LCU per international $2022: 0.509 LCU per international $2023: 0.532 LCU per international $2024: 0.528 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

In 2024, ppp conversion factor, private consumption in Azerbaijan stood at 0.5279 LCU per international $.

That represents a change of down 0.7% on the previous year and up 64.2% over ten years.

Over the whole period, ppp conversion factor, private consumption in Azerbaijan peaked at 0.5317 LCU per international $ in 2023 and was at its lowest, 0.0002 LCU per international $, in 1992.

Azerbaijan ranks 189th of 201 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1352 LCU per international $ 0.0002 LCU per international $ 0.2222 LCU per international $ 8
2000s 0.2234 LCU per international $ 0.189 LCU per international $ 0.2974 LCU per international $ 10
2010s 0.3788 LCU per international $ 0.301 LCU per international $ 0.4827 LCU per international $ 10
2020s 0.5042 LCU per international $ 0.4695 LCU per international $ 0.5317 LCU per international $ 5

Countries ranked near Azerbaijan

  1. 186 Latvia 0.5449 LCU per international $ compare
  2. 187 Lithuania 0.5436 LCU per international $ compare
  3. 188 Brunei 0.5429 LCU per international $ compare
  4. 190 Panama 0.5111 LCU per international $ compare
  5. 191 Croatia 0.5081 LCU per international $ compare
  6. 192 Liberia 0.5058 LCU per international $ compare

See the full ranking of 204 places β†’

More population data for Azerbaijan

All data for Azerbaijan β†’

Frequently asked questions

What is ppp conversion factor, private consumption in Azerbaijan?
Ppp conversion factor, private consumption in Azerbaijan was 0.5279 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, private consumption recorded in Azerbaijan?
The highest recorded value was 0.5317 LCU per international $ in 2023.
What is the lowest ppp conversion factor, private consumption recorded in Azerbaijan?
The lowest recorded value was 0.0002 LCU per international $ in 1992.
How does Azerbaijan rank for ppp conversion factor, private consumption?
Azerbaijan ranks 189th out of 201 countries with data for 2024.
Is ppp conversion factor, private consumption rising or falling in Azerbaijan?
Over the last ten years it is up 64.2%. The long-run trend across the full record is rising.
Where does this Azerbaijan data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, private consumption in Azerbaijan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/azerbaijan/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release