Azerbaijan - Inflation Rate 2003
2.23%
−0.51pp from 2002
Azerbaijan's inflation rate was 2.23% in 2003, decreased +0.51pp from 2.77% in 2002. This was the 75th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -8.57% | 75.1% |
| 2nd | Guinea-Bissau | -3.50% | -206.1% |
| 3rd | Hong Kong SAR, China | -2.67% | 12.2% |
| 4th | Libya | -2.19% | 77.8% |
| 5th | Chad | -1.75% | -133.8% |
| 6th | Madagascar | -1.70% | -110.3% |
| 7th | Niger | -1.61% | -164.7% |
| 8th | Macao SAR, China | -1.56% | 40.8% |
| 9th | Mali | -1.35% | -126.8% |
| 10th | Maldives | -1.26% | -236.0% |
| 11th | Lithuania | -1.13% | -437.6% |
| 12th | Kosovo | -1.08% | - |
| 13th | Togo | -0.93% | -130.4% |
| 14th | Congo, Republic of | -0.63% | -121.2% |
| 15th | Japan | -0.26% | 71.4% |
| 16th | Senegal | -0.05% | -102.2% |
| 17th | Samoa | 0.12% | -98.4% |
| 18th | Czechia | 0.12% | -93.8% |
| 19th | Micronesia, Federated States of | 0.13% | 179.6% |
| 20th | St. Vincent and the Grenadines | 0.21% | -72.5% |
| 21st | Oman | 0.23% | 180.9% |
| 22nd | Brunei Darussalam | 0.30% | 113.0% |
| 23rd | Panama | 0.39% | -60.8% |
| 24th | Albania | 0.48% | -90.7% |
| 25th | Singapore | 0.51% | 229.6% |
| 26th | Bosnia and Herzegovina | 0.55% | 74.8% |
| 27th | Saudi Arabia | 0.61% | 451.5% |
| 28th | Cameroon | 0.62% | -77.9% |
| 29th | Liechtenstein | 0.64% | -0.8% |
| 30th | Switzerland | 0.64% | -0.4% |
| 31st | Poland | 0.68% | -64.1% |
| 32nd | Israel | 0.71% | -87.6% |
| 33rd | Georgia | 0.84% | -85.0% |
| 34th | North Macedonia | 0.86% | -20.0% |
| 35th | Finland | 0.88% | -56.3% |
| 36th | Palau | 0.92% | 438.0% |
| 37th | Cambodia | 0.94% | 2,716.0% |
| 38th | Kuwait | 0.96% | 8.2% |
| 39th | Germany | 1.03% | -22.0% |
| 40th | St. Lucia | 1.03% | 504.0% |
| 41st | Malaysia | 1.09% | -39.2% |
| 42nd | China | 1.13% | 246.1% |
| 43rd | Morocco | 1.17% | -58.4% |
| 44th | Cabo Verde | 1.19% | -38.1% |
| 45th | Lebanon | 1.27% | -27.9% |
| 46th | Malta | 1.30% | -50.1% |
| 47th | Estonia | 1.33% | -62.8% |
| 48th | San Marino | 1.34% | - |
| 49th | Austria | 1.36% | -19.4% |
| 50th | United Kingdom | 1.38% | 9.3% |
| 51st | Puerto Rico (US) | 1.39% | 630.5% |
| 52nd | Dominica | 1.45% | 754.9% |
| 53rd | Benin | 1.49% | -38.6% |
| 54th | Belgium | 1.59% | 2.4% |
| 55th | Bahrain | 1.59% | 421.3% |
| 56th | Barbados | 1.62% | 784.9% |
| 57th | Jordan | 1.63% | -11.2% |
| 58th | Kiribati | 1.63% | -48.6% |
| 59th | Curaçao | 1.63% | 317.4% |
| 60th | New Zealand | 1.75% | -34.5% |
| 61st | Croatia | 1.77% | -30.3% |
| 62nd | Thailand | 1.80% | 173.8% |
| 63rd | Sweden | 1.93% | -0.5% |
| 64th | Djibouti | 1.98% | 41.2% |
| 65th | Antigua and Barbuda | 1.99% | -17.2% |
| 66th | Burkina Faso | 2.03% | -11.5% |
| 67th | Luxembourg | 2.05% | -0.3% |
| 68th | Iceland | 2.06% | -60.3% |
| 69th | Denmark | 2.08% | -13.4% |
| 70th | Netherlands | 2.09% | -45.7% |
| 71st | European Union | 2.09% | -13.7% |
| 72nd | France | 2.10% | 8.3% |
| 73rd | El Salvador | 2.12% | 13.5% |
| 74th | Grenada | 2.15% | 102.0% |
| 75th | Azerbaijan | 2.23% | -18.6% |
| 76th | Gabon | 2.24% | 1,263.0% |
| 77th | St. Kitts and Nevis | 2.24% | 7.6% |
| 78th | Peru | 2.26% | 1,076.8% |
| 79th | Qatar | 2.26% | 843.6% |
| 80th | United States | 2.27% | 42.2% |
| 81st | Philippines | 2.29% | -17.0% |
| 82nd | Belize | 2.32% | 5.6% |
| 83rd | Bulgaria | 2.35% | -59.6% |
| 84th | Norway | 2.49% | 93.3% |
| 85th | Bhutan | 2.57% | -12.5% |
| 86th | Italy | 2.67% | 2.3% |
| 87th | Tunisia | 2.71% | -0.1% |
| 88th | Australia | 2.73% | -10.4% |
| 89th | Canada | 2.76% | 22.2% |
| 90th | Chile | 2.81% | 12.9% |
| 91st | Tuvalu | 2.91% | -42.3% |
| 92nd | Pakistan | 2.91% | -17.7% |
| 93rd | Latvia | 2.94% | 49.9% |
| 94th | Kyrgyz Republic | 2.97% | 39.4% |
| 95th | Vanuatu | 3.02% | 53.6% |
| 96th | Bahamas, The | 3.03% | 101.9% |
| 97th | Spain | 3.04% | -15.4% |
| 98th | Andorra | 3.06% | -2.3% |
| 99th | United Arab Emirates | 3.12% | 6.9% |
| 100th | Portugal | 3.22% | -13.0% |
| 101st | Viet Nam | 3.23% | -14.1% |
| 102nd | Côte d'Ivoire | 3.30% | 7.0% |
| 103rd | Seychelles | 3.30% | 1,551.3% |
| 104th | Bolivia, Plurinational State of | 3.34% | 261.6% |
| 105th | Ireland | 3.49% | -25.5% |
| 106th | Korea | 3.51% | 27.3% |
| 107th | Greece | 3.53% | -10.0% |
| 108th | Aruba | 3.66% | 10.3% |
| 109th | Comoros | 3.80% | 6.2% |
| 110th | India | 3.81% | -23.8% |
| 111th | Trinidad and Tobago | 3.81% | -8.0% |
| 112th | Mauritius | 3.92% | -38.9% |
| 113th | Sierra Leone | 3.99% | 3,198.3% |
| 114th | Central African Republic | 4.13% | 82.5% |
| 115th | Cyprus | 4.14% | 48.6% |
| 116th | Fiji | 4.17% | 477.9% |
| 117th | Algeria | 4.27% | 197.9% |
| 118th | West Bank and Gaza | 4.40% | -22.8% |
| 119th | Egypt, Arab Republic of | 4.51% | 99.6% |
| 120th | Mexico | 4.55% | -9.7% |
| 121st | Hungary | 4.66% | -11.4% |
| 122nd | Armenia | 4.72% | 354.9% |
| 123rd | Mongolia | 5.13% | 451.5% |
| 124th | Mauritania | 5.15% | 32.2% |
| 125th | Ukraine | 5.18% | 584.2% |
| 126th | Nicaragua | 5.30% | 41.4% |
| 127th | Tanzania | 5.30% | 16.4% |
| 128th | Slovenia | 5.54% | -25.9% |
| 129th | Turkmenistan | 5.59% | -36.2% |
| 130th | Guatemala | 5.60% | -31.1% |
| 131st | Bangladesh | 5.67% | 135.5% |
| 132nd | South Africa | 5.68% | -37.5% |
| 133rd | Nepal | 5.71% | 97.1% |
| 134th | Syrian Arab Republic | 5.80% | 1,219.1% |
| 135th | Guyana | 5.98% | 11.6% |
| 136th | Sri Lanka | 6.31% | -33.9% |
| 137th | Kazakhstan | 6.44% | 8.0% |
| 138th | Sudan | 6.49% | -70.8% |
| 139th | Lesotho | 6.63% | -45.7% |
| 140th | Indonesia | 6.76% | -43.3% |
| 141st | Colombia | 7.13% | 12.3% |
| 142nd | Namibia | 7.14% | -43.9% |
| 143rd | Timor-Leste | 7.17% | 75.3% |
| 144th | Eswatini | 7.29% | -38.6% |
| 145th | Equatorial Guinea | 7.32% | -3.4% |
| 146th | Rwanda | 7.45% | 276.1% |
| 147th | Montenegro | 7.50% | -61.9% |
| 148th | Honduras | 7.67% | -0.4% |
| 149th | Ecuador | 7.93% | -36.5% |
| 150th | Solomon Islands | 8.27% | -11.7% |
| 151st | Slovak Republic | 8.55% | 145.2% |
| 152nd | Uganda | 8.68% | 2,993.5% |
| 153rd | Botswana | 9.19% | 14.5% |
| 154th | Costa Rica | 9.45% | 3.1% |
| 155th | Malawi | 9.58% | -35.1% |
| 156th | São Tomé and Principe | 9.79% | -3.3% |
| 157th | Kenya | 9.82% | 399.3% |
| 158th | Serbia | 9.88% | 11.4% |
| 159th | Jamaica | 10.09% | 44.3% |
| 160th | Liberia | 10.33% | -27.0% |
| 161st | Burundi | 10.65% | 879.5% |
| 162nd | Yemen, Republic of | 10.83% | -11.5% |
| 163rd | Guinea | 11.04% | 272.8% |
| 164th | Tonga | 11.64% | 16.5% |
| 165th | Moldova | 11.75% | 125.1% |
| 166th | Uzbekistan | 12.49% | -54.2% |
| 167th | Congo, Democratic Republic of | 12.87% | -49.1% |
| 168th | Argentina | 13.44% | -48.0% |
| 169th | Mozambique | 13.46% | -19.8% |
| 170th | Russian Federation | 13.66% | -13.5% |
| 171st | Nigeria | 14.03% | 8.9% |
| 172nd | Paraguay | 14.24% | 36.0% |
| 173rd | Papua New Guinea | 14.71% | 24.7% |
| 174th | Brazil | 14.71% | 74.1% |
| 175th | Romania | 15.27% | -32.1% |
| 176th | Lao PDR | 15.49% | 45.7% |
| 177th | Tajikistan | 16.30% | 33.3% |
| 178th | Iran, Islamic Republic of | 16.47% | 4.1% |
| 179th | Gambia, The | 17.03% | 97.8% |
| 180th | Uruguay | 19.38% | 38.7% |
| 181st | Zambia | 21.40% | -3.8% |
| 182nd | Türkiye | 21.60% | -52.1% |
| 183rd | Eritrea | 22.67% | 34.3% |
| 184th | Suriname | 23.00% | 48.2% |
| 185th | Dominican Republic | 27.45% | 425.6% |
| 186th | Belarus | 28.40% | -33.3% |
| 187th | Haiti | 28.70% | 337.8% |
| 188th | Ghana | 29.77% | 100.5% |
| 189th | Iraq | 33.62% | 74.0% |
| 190th | Afghanistan | 35.66% | - |
| 191st | Myanmar | 36.59% | 67.0% |
| 192nd | Angola | 98.22% | -9.8% |
FAQ
What was Azerbaijan's inflation rate in 2003?▾
Azerbaijan's inflation rate in 2003 was 2.23%. This ranked 75th globally.
How did Azerbaijan's inflation rate change in 2003?▾
Azerbaijan's inflation rate decreased by 18.6% in 2003 compared to 2002.
Which country had the highest inflation rate in 2003?▾
Angola had the highest inflation rate in 2003 at 98.22%.
What is the inflation rate of Azerbaijan in 2003?▾
The inflation rate of Azerbaijan in 2003 was 2.23%. This ranked 75th globally.
How does 2003 compare to 2002 for Azerbaijan's inflation rate?▾
Azerbaijan's inflation rate went from 2.77% in 2002 to 2.23% in 2003, a 18.6% decrease.
Related
2002
2004
All years
Full ranking 2003
Consumer Price Index
PPP Conversion Factor
Peak: 1994
Lowest: 1992
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
vs Ecuador
vs Kosovo
vs Mongolia
vs Botswana
Organisation of Islamic Cooperation Inflation Rate
Global Ranking