Azerbaijan PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Azerbaijan's ppp conversion factor was 0.53 in 2025, ranked 180th globally. This represents a 8.0% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Azerbaijan's ppp conversion factor stood at 0.53 in 2025, a rise of +0.04 from 2024. Based on recent trends, this figure is projected to reach 0.53 by 2025. Azerbaijan ranked 180th globally.
Azerbaijan’s purchasing power parity (PPP) conversion factor has risen steadily since the series began in 1990, when the index registered a trough of 0.00, to a latest 2025 value of 0.53, placing the country 180th in the global ranking. The all‑time peak of 0.59 was recorded in 2022, indicating modest but consistent improvement in the relative cost of living and price level adjustments over the past three decades. Compared with peers of similar rank, Azerbaijan’s factor is slightly below Spain’s 0.54 and Slovenia’s 0.55, yet above Lithuania’s 0.51, reflecting a middle‑of‑the‑pack position among economies with comparable purchasing power. The upward trajectory suggests that continued diversification of the economy and inflation‑anchoring policies could sustain incremental gains, while external shocks or policy reversals would be required to reverse the current trend.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.55 | - | - |
| 2026* trend | 0.54 | - | - |
| 2025* trend | 0.53 | - | - |
| 2025 | 0.53 | +0.04 | #180 |
| 2024 | 0.49 | −0.02 | #15 |
| 2023 | 0.51 | −0.07 | #17 |
| 2022 | 0.59 | +0.13 | #24 |
| 2021 | 0.46 | −0.02 | #14 |
| 2020 | 0.47 | −0.02 | #15 |
| 2019 | 0.49 | −0.04 | #14 |
| 2018 | 0.53 | +0.03 | #17 |
| 2017 | 0.50 | +0.07 | #14 |
| 2016 | 0.43 | +0.05 | #9 |
| 2015 | 0.37 | +0.02 | #8 |
| 2014 | 0.35 | −0.01 | #6 |
| 2013 | 0.36 | −0.01 | #7 |
| 2012 | 0.37 | −0.02 | #8 |
| 2011 | 0.38 | +0.07 | #10 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's ppp conversion factor was 0.53 in 2025. Ranked 180th globally. This represents a 8.0% increase from the previous year.
Azerbaijan's ppp conversion factor peaked at 0.59 in 2022.
The lowest ppp conversion factor in Azerbaijan was 0.00 in 1990.
Azerbaijan ranks 180th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Azerbaijan's ppp conversion factor is projected to reach 0.53 by 2025 based on trend extrapolation.
The ppp conversion factor of Azerbaijan in 2025 was 0.53. This ranks 180th in the world.
Cite this page
@misc{historysaid_azerbaijan_ppp-conversion-factor,
title = {Azerbaijan PPP Conversion Factor},
url = {https://historysaid.com/azerbaijan/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}