Azerbaijan—GDP Deflator (%)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #207 of 209
Latest Value
-1.4%
2024
YoY Change
+84.9%
2023 → 2024
Global Rank
#207
of 209 countries
Maximum
37.3%
2022
Minimum
-18.9%
2009
Last
-1.4%
Previous
-9.3%
Highest
37.3%
Lowest
-18.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | -1.4% | +84.9% |
| 2023 | -9.3% | -125.0% |
| 2022 | 37.3% | +72.6% |
| 2021 | 21.6% | +388.1% |
| 2020 | -7.5% | -3280.8% |
| 2019 | -0.2% | -101.8% |
| 2018 | 12.2% | -24.9% |
| 2017 | 16.2% | +10.9% |
| 2016 | 14.6% | +266.0% |
| 2015 | -8.8% | -562.3% |
| 2014 | -1.3% | -422.0% |
| 2013 | 0.4% | -85.5% |
| 2012 | 2.8% | -88.4% |
| 2011 | 24.6% | +78.0% |
| 2010 | 13.8% | +173.2% |
| 2009 | -18.9% | -167.6% |
| 2008 | 28.0% | +35.9% |
| 2007 | 20.6% | +81.7% |
| 2006 | 11.3% | -23.1% |
| 2005 | 14.7% | +59.1% |
| 2004 | 9.3% | +32.9% |
| 2003 | 7.0% | +65.2% |
| 2002 | 4.2% | +67.6% |
| 2001 | 2.5% | -79.9% |
| 2000 | 12.5% |
Top Countries — GDP Deflator (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 1097.2% | 2024 |
| 2 | Sudan | 243.9% | 2024 |
| 3 | Argentina | 207.6% | 2024 |
| 4 | Lebanon | 202.9% | 2023 |
| 5 | Syrian Arab Republic | 112.1% | 2022 |
| 6 | Turkiye | 59.3% | 2024 |
| 7 | Venezuela, RB | 54.7% | 2024 |
| 8 | Egypt, Arab Rep. | 33.7% | 2024 |
| 9 | Cuba | 32.2% | 2024 |
| 10 | Iran, Islamic Rep. | 28.4% | 2024 |
About This Indicator
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.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →