Price level ratio of PPP conversion factor (GDP) to market exchange in Azerbaijan
Azerbaijan: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2903 in 2024. ▲ Rising
Price level ratio of PPP conversion factor (GDP) to market exchange in Azerbaijan, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Azerbaijan stood at 0.2903.
That represents a change of down 3.7% on the previous year and down 35.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Azerbaijan peaked at 0.4857 in 2011 and was at its lowest, 0.0143, in 1992.
Azerbaijan ranks 174th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.2318 | — |
| 1991 | 0.1358 | -41.4% |
| 1992 | 0.0143 | -89.5% |
| 1993 | 0.064 | +348.7% |
| 1994 | 0.0593 | -7.4% |
| 1995 | 0.1335 | +125.0% |
| 1996 | 0.17 | +27.4% |
| 1997 | 0.1971 | +15.9% |
| 1998 | 0.1988 | +0.9% |
| 1999 | 0.188 | -5.4% |
| 2000 | 0.1905 | +1.3% |
| 2001 | 0.1835 | -3.7% |
| 2002 | 0.1804 | -1.7% |
| 2003 | 0.1873 | +3.8% |
| 2004 | 0.1991 | +6.3% |
| 2005 | 0.2303 | +15.6% |
| 2006 | 0.2631 | +14.3% |
| 2007 | 0.3216 | +22.2% |
| 2008 | 0.4218 | +31.1% |
| 2009 | 0.3475 | -17.6% |
| 2010 | 0.3914 | +12.6% |
| 2011 | 0.4857 | +24.1% |
| 2012 | 0.4687 | -3.5% |
| 2013 | 0.4561 | -2.7% |
| 2014 | 0.4493 | -1.5% |
| 2015 | 0.3649 | -18.8% |
| 2016 | 0.267 | -26.8% |
| 2017 | 0.2897 | +8.5% |
| 2018 | 0.3101 | +7.1% |
| 2019 | 0.2882 | -7.1% |
| 2020 | 0.2789 | -3.2% |
| 2021 | 0.2689 | -3.6% |
| 2022 | 0.3446 | +28.1% |
| 2023 | 0.3016 | -12.5% |
| 2024 | 0.2903 | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1393 | 0.0143 | 0.2318 | 10 |
| 2000s | 0.2525 | 0.1804 | 0.4218 | 10 |
| 2010s | 0.3771 | 0.267 | 0.4857 | 10 |
| 2020s | 0.2969 | 0.2689 | 0.3446 | 5 |
Countries ranked near Azerbaijan
More population data for Azerbaijan
- Un population 2024 vs 2022, annual growth rate -0.7053 % change on previous year (2100)
- Population long run with projections, annual growth rate -0.3371 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.0077 % change on previous year (2050)
- Population regions with projections, annual growth rate -0.3371 % change on previous year (2100)
- Population growth rate, by level of development -0.3% (2100)
- Number of children under 5, by world region 458,644 people (2100)
- Population density 121.25 people per km² (2100)
- World population growth -0.3% (2100)
- Projected population under age 5, annual growth rate -0.1954 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.3522 Percent per annum (2030)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Azerbaijan?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Azerbaijan was 0.2903 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Azerbaijan?
- The highest recorded value was 0.4857 in 2011.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Azerbaijan?
- The lowest recorded value was 0.0143 in 1992.
- How does Azerbaijan rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Azerbaijan ranks 174th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Azerbaijan?
- Over the last ten years it is down 35.4%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release