Armenia vs Azerbaijan: Gross Fixed Capital Formation — Value US$, 2015 prices, per square

Armenia
0.1254 million USD per square kilometre
in 2023
Azerbaijan
0.135 million USD per square kilometre
in 2023
Armenia rank
91st
Azerbaijan rank
89th

Gross Fixed Capital Formation — Value US$, 2015 prices, per square over time

  • Armenia
  • Azerbaijan
00.050.10.150.2199220072023

How they compare

Azerbaijan currently reports 0.135 million USD per square kilometre against 0.1254 million USD per square kilometre in Armenia, a difference of 0.0096 million USD per square kilometre.

That makes Azerbaijan's figure about 1.1 times Armenia's.

The two have swapped places 3 times across 32 shared years of data; in 1992 it was Armenia ahead.

Armenia ranks 91st and Azerbaijan ranks 89th of 194 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Azerbaijan in 2.

Head to head by decade

Decade Armenia Azerbaijan Difference Ahead
1990s 0.0197 million USD per square kilometre 0.009 million USD per square kilometre 0.0107 million USD per square kilometre Armenia
2000s 0.0716 million USD per square kilometre 0.0574 million USD per square kilometre 0.0141 million USD per square kilometre Armenia
2010s 0.0789 million USD per square kilometre 0.149 million USD per square kilometre 0.0702 million USD per square kilometre Azerbaijan
2020s 0.105 million USD per square kilometre 0.1272 million USD per square kilometre 0.0222 million USD per square kilometre Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, per square, Armenia or Azerbaijan?
Azerbaijan, at 0.135 million USD per square kilometre against 0.1254 million USD per square kilometre in Armenia as of 2023.
What is the difference in gross fixed capital formation — value us$, 2015 prices, per square between Armenia and Azerbaijan?
0.0096 million USD per square kilometre, with Azerbaijan ahead.
How many years of comparable data are there for Armenia and Azerbaijan?
32 years are reported by both, from 1992 to 2023.
How do Armenia and Azerbaijan rank globally for gross fixed capital formation — value us$, 2015 prices, per square?
Armenia ranks 91st and Azerbaijan ranks 89th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Azerbaijan: Gross Fixed Capital Formation — Value US$, 2015 prices, per square. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/azerbaijan/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/azerbaijan/">Armenia vs Azerbaijan: Gross Fixed Capital Formation — Value US$, 2015 prices, per square</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre
Unit
million USD per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 9,641 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.