PPP conversion factor — all countries

PPP conversion factor — Azerbaijan

PPP conversion factor in Azerbaijan in 2025 — 0.482 per int$. Ranked 171 in the world out of 185. Since 1990, the indicator has risen by 6,307,742.8%.

2025 0.482 per int$ −2.17% vs 2024
World rank 171of 185
Period maximum 0.586 per int$2022
Period minimum 0 per int$1990

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Azerbaijan, 1990–202500.20.40.619901994199820022006201020142018202220251990: 0 per int$1991: 0 per int$1992: 0 per int$1993: 0.001 per int$1994: 0.019 per int$1995: 0.118 per int$1996: 0.146 per int$1997: 0.157 per int$1998: 0.154 per int$1999: 0.155 per int$2000: 0.17 per int$2001: 0.171 per int$2002: 0.175 per int$2003: 0.184 per int$2004: 0.196 per int$2005: 0.218 per int$2006: 0.235 per int$2007: 0.276 per int$2008: 0.347 per int$2009: 0.279 per int$2010: 0.314 per int$2011: 0.384 per int$2012: 0.368 per int$2013: 0.358 per int$2014: 0.352 per int$2015: 0.374 per int$2016: 0.426 per int$2017: 0.499 per int$2018: 0.527 per int$2019: 0.49 per int$2020: 0.474 per int$2021: 0.457 per int$2022: 0.586 per int$2023: 0.512 per int$2024: 0.493 per int$2025: 0.482 per int$
Change over the period: +0.482 (+6,307,742.78%) Average annual rate: 37.13 %
PPP conversion factor — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year per int$ Change Change, %
2025 0.482 −0.011 −2.17%
2024 0.493 −0.019 −3.73%
2023 0.512 −0.074 −12.56%
2022 0.586 +0.129 +28.16%
2021 0.457 −0.017 −3.6%
2020 0.474 −0.016 −3.21%
2019 0.49 −0.037 −7.08%
2018 0.527 +0.029 +5.74%
2017 0.499 +0.073 +17.04%
2016 0.426 +0.052 +13.96%
2015 0.374 +0.021 +6.09%
2014 0.352 −0.005 −1.52%
2013 0.358 −0.01 −2.82%
2012 0.368 −0.015 −3.99%
2011 0.384 +0.069 +22.09%
2010 0.314 +0.035 +12.46%
2009 0.279 −0.067 −19.4%
2008 0.347 +0.071 +25.55%
2007 0.276 +0.041 +17.4%
2006 0.235 +0.017 +8%
2005 0.218 +0.022 +11.24%
2004 0.196 +0.012 +6.39%
2003 0.184 +0.009 +4.89%
2002 0.175 +0.004 +2.62%
2001 0.171 +0 +0.26%
2000 0.17 +0.015 +10%
1999 0.155 +0.001 +0.74%
1998 0.154 −0.003 −2.07%
1997 0.157 +0.011 +7.39%
1996 0.146 +0.028 +24.15%
1995 0.118 +0.099 +532.4%
1994 0.019 +0.017 +1,355%
1993 0.001 +0.001 +727.51%
1992 0 +0 +1,039.36%
1991 0 +0 +77.55%
1990 0

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.