Inflation, GDP deflator: linked series (annual %) in Azerbaijan

Azerbaijan: Inflation, GDP deflator: linked series (annual %) was 0.6% in 2025. ◆ Volatile

Latest (2025)
0.6%
Change on year
up 142.6%
World rank
185th
of 214 countries
All-time high
1,386.1%
in 1994
All-time low
-18.9%
in 2009
Years of data
35
1991–2025

Inflation, GDP deflator: linked series in Azerbaijan, 1991–2025

05001.0k1.5k1991200820251991: 83.5 annual %1992: 1.1k annual %1993: 747.1 annual %1994: 1.4k annual %1995: 545.7 annual %1996: 26.4 annual %1997: 9.2 annual %1998: -0.965 annual %1999: 2.2 annual %2000: 12.5 annual %2001: 2.5 annual %2002: 4.2 annual %2003: 7 annual %2004: 9.3 annual %2005: 14.7 annual %2006: 11.3 annual %2007: 20.6 annual %2008: 28 annual %2009: -18.9 annual %2010: 13.8 annual %2011: 24.6 annual %2012: 2.8 annual %2013: 0.413 annual %2014: -1.3 annual %2015: -8.8 annual %2016: 14.6 annual %2017: 16.2 annual %2018: 12.2 annual %2019: -0.222 annual %2020: -7.5 annual %2021: 21.6 annual %2022: 37.3 annual %2023: -9.3 annual %2024: -1.3 annual %2025: 0.573 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator: linked series in Azerbaijan is 0.6%, measured in 2025.

That represents a change of up 142.6% on the previous year and up 106.5% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Azerbaijan peaked at 1,386.1% in 1994 and was at its lowest, -18.9%, in 2009.

That places Azerbaijan 185th out of 214 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series (annual %) in Azerbaijan, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Azerbaijan, 1991 to 2025.
Year annual % Change
1991 83.5% —
1992 1,065.3% +1175.1%
1993 747.1% -29.9%
1994 1,386.1% +85.5%
1995 545.7% -60.6%
1996 26.4% -95.2%
1997 9.2% -65.0%
1998 -1.0% -110.4%
1999 2.2% -324.0%
2000 12.5% +477.8%
2001 2.5% -79.9%
2002 4.2% +67.6%
2003 7.0% +65.2%
2004 9.3% +32.9%
2005 14.7% +59.1%
2006 11.3% -23.1%
2007 20.6% +81.7%
2008 28.0% +35.9%
2009 -18.9% -167.6%
2010 13.8% -173.2%
2011 24.6% +78.0%
2012 2.8% -88.4%
2013 0.4% -85.5%
2014 -1.3% -422.0%
2015 -8.8% +562.3%
2016 14.6% -266.0%
2017 16.2% +10.9%
2018 12.2% -24.9%
2019 -0.2% -101.8%
2020 -7.5% +3280.8%
2021 21.6% -388.1%
2022 37.3% +72.6%
2023 -9.3% -125.0%
2024 -1.3% -85.6%
2025 0.6% -142.6%

Azerbaijan compared with similar countries

  • Azerbaijan's 0.6% is below the median for upper middle income countries, which is 3.3%, 17% of the median. (59 countries reporting)
  • Azerbaijan's 0.6% is below the median for Europe & Central Asia, which is 3.5%, 16% of the median. (56 countries reporting)

Biggest year-on-year movements

Years where Inflation, GDP deflator: linked series (annual %) in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -3280.8% -0.2% -7.5%
1992 +1175.1% 83.5% 1,065.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 429.4% -1.0% 1,386.1% 9
2000s 9.1% -18.9% 28.0% 10
2010s 7.4% -8.8% 24.6% 10
2020s 6.9% -9.3% 37.3% 6

Countries ranked near Azerbaijan

  1. 182 Turks and Caicos Islands 0.8% compare
  2. 183 Algeria 0.8% compare
  3. 184 Grenada 0.7% compare
  4. 186 Macao 0.5% compare
  5. 187 Bahamas 0.3% compare
  6. 188 Switzerland 0.3% compare

See the full ranking of 215 places →

More financial sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is inflation, gdp deflator: linked series in Azerbaijan?
Inflation, gdp deflator: linked series in Azerbaijan was 0.6% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Azerbaijan?
The highest recorded value was 1,386.1% in 1994.
What is the lowest inflation, gdp deflator: linked series recorded in Azerbaijan?
The lowest recorded value was -18.9% in 2009.
How does Azerbaijan rank for inflation, gdp deflator: linked series?
Azerbaijan ranks 185th out of 214 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Azerbaijan?
Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in Azerbaijan. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 25 October 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/azerbaijan/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 7,308 data points, 1990–2025
Last refreshed

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. 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.