Azerbaijan - Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Azerbaijan was 6.65 as of 2021. As the graph below shows, over the past 29 years this indicator reached a maximum value of 1,662.22 in 1994 and a minimum value of -10.63 in 1992.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1992 | -10.63 |
| 1993 | 1,128.00 |
| 1994 | 1,662.22 |
| 1995 | 411.76 |
| 1996 | 19.79 |
| 1997 | 3.67 |
| 1998 | -0.77 |
| 1999 | -8.53 |
| 2000 | 1.81 |
| 2001 | 1.55 |
| 2002 | 2.77 |
| 2003 | 2.23 |
| 2004 | 6.71 |
| 2005 | 9.68 |
| 2006 | 8.33 |
| 2007 | 16.70 |
| 2008 | 20.85 |
| 2009 | 1.46 |
| 2010 | 5.73 |
| 2011 | 7.86 |
| 2012 | 1.07 |
| 2013 | 2.42 |
| 2014 | 1.37 |
| 2015 | 4.03 |
| 2016 | 12.44 |
| 2017 | 12.94 |
| 2018 | 2.27 |
| 2019 | 2.61 |
| 2020 | 2.76 |
| 2021 | 6.65 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices