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Azerbaijan: cost of living

4 answers, 1 from Azerbaijan's own official bodies, with a link to each figure.

How fast are food prices rising in Azerbaijan?

Prices of food, alcoholic beverages and tobacco in Azerbaijan were 7.2% higher in August 2026 than a year earlier, according to the Central Bank of Azerbaijan. Overall inflation was 5.7% in August and 5.5% in September.

Paid services rose 5.0% and non-food goods 3.7%. The central bank says the risk that higher world energy and food prices pass through to domestic prices remains significant.

Official sources: Central Bank of Azerbaijan: Rate decision, 23 September 2026

International comparisons

The figures below use one definition for every country, so they can differ from national figures.

How fast are prices rising in Azerbaijan?

The latest figure from the IMF, for 2025, is 5.6%. Since 2005 it has ranged from 1.1% (2012) to 20.8% (2008). It is 10th highest of 48 in Europe & Central Asia, where the median is 3.7%. Of 165 countries with 2025 data, 32nd highest.

What is household spending per person in Azerbaijan?

$3,118: that is household consumption per person in Azerbaijan for 2015, according to the World Bank. It is 41st highest of 48 in Europe & Central Asia, where the median is $8,685. World rank, highest first: 85th of 164.

How many people in Azerbaijan face food insecurity?

The FAO puts moderate or severe food insecurity in Azerbaijan at 14.6% in 2024. It is the top of the series, which starts in 2015. It is 8th highest of 45 in Europe & Central Asia, where the median is 7.6%. Of 135 countries with 2024 data, 81st highest.

Official bodies in Azerbaijan

More about Azerbaijan

Read on 14 October 2026. Definitions · Report an error