Annual inflation, consumer prices in Azerbaijan

Azerbaijan: Annual inflation, consumer prices was 2.2% in 2024. β—† Volatile

Latest (2024)
2.2%
Change on year
down 74.8%
World rank
129th
of 187 countries
All-time high
20.8%
in 2008
All-time low
1.1%
in 2012
Years of data
25
2000–2024

Annual inflation, consumer prices in Azerbaijan, 2000–2024

051015202000201220242000: 1.8 %2001: 1.5 %2002: 2.8 %2003: 2.2 %2004: 6.7 %2005: 9.7 %2006: 8.3 %2007: 16.7 %2008: 20.8 %2009: 1.5 %2010: 5.7 %2011: 7.9 %2012: 1.1 %2013: 2.4 %2014: 1.4 %2015: 4 %2016: 12.4 %2017: 12.9 %2018: 2.3 %2019: 2.6 %2020: 2.8 %2021: 6.7 %2022: 13.9 %2023: 8.8 %2024: 2.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in Azerbaijan is 2.2%, measured in 2024.

The figure is down 74.8% on the previous year and up 61.1% over ten years.

Over the whole period, annual inflation, consumer prices in Azerbaijan peaked at 20.8% in 2008 and was at its lowest, 1.1%, in 2012.

Azerbaijan ranks 129th of 187 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.2% 1.5% 20.8% 10
2010s 5.3% 1.1% 12.9% 10
2020s 6.9% 2.2% 13.9% 5

Countries ranked near Azerbaijan

  1. 126 Germany 2.3% compare
  2. 127 Palau 2.2% compare
  3. 128 Albania 2.2% compare
  4. 130 Sint Maarten (Dutch part) 2.2% compare
  5. 131 Indonesia 2.2% compare
  6. 132 Samoa 2.2% compare

See the full ranking of 223 places β†’

More development goals data for Azerbaijan

All data for Azerbaijan β†’

Frequently asked questions

What is annual inflation, consumer prices in Azerbaijan?
Annual inflation, consumer prices in Azerbaijan was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Azerbaijan?
The highest recorded value was 20.8% in 2008.
What is the lowest annual inflation, consumer prices recorded in Azerbaijan?
The lowest recorded value was 1.1% in 2012.
How does Azerbaijan rank for annual inflation, consumer prices?
Azerbaijan ranks 129th out of 187 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Azerbaijan?
Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Azerbaijan. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/azerbaijan/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed