Azerbaijan - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Azerbaijan was 1.92 as of 2018. As the graph below shows, over the past 26 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 16.66
2008 20.84
2009 1.46
2010 5.73
2011 7.85
2012 1.07
2013 2.42
2014 1.39
2015 4.01
2016 12.45
2017 12.90
2018 1.92

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Azerbaijan was 11.87 as of 2018. As the graph below shows, over the past 27 years this indicator reached a maximum value of 1,386.07 in 1994 and a minimum value of -18.90 in 2009.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 83.55
1992 1,065.33
1993 747.12
1994 1,386.07
1995 545.66
1996 26.42
1997 9.24
1998 -0.97
1999 2.16
2000 12.49
2001 2.52
2002 4.21
2003 6.96
2004 9.25
2005 14.72
2006 11.33
2007 20.58
2008 27.97
2009 -18.90
2010 13.83
2011 24.61
2012 2.84
2013 0.41
2014 -1.33
2015 -8.81
2016 14.63
2017 16.73
2018 11.87

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Azerbaijan was 11.87 as of 2018. Over the past 27 years, the value for this indicator has fluctuated between 1,386.07 in 1994 and -18.90 in 2009.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1991 83.55
1992 1,065.33
1993 747.12
1994 1,386.07
1995 545.66
1996 26.42
1997 9.24
1998 -0.97
1999 2.16
2000 12.49
2001 2.52
2002 4.21
2003 6.96
2004 9.25
2005 14.72
2006 11.33
2007 20.58
2008 27.97
2009 -18.90
2010 13.83
2011 24.61
2012 2.84
2013 0.41
2014 -1.33
2015 -8.81
2016 14.63
2017 16.73
2018 11.87

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices