Gross capital formation (constant LCU), per unit of GDP in Azerbaijan
Azerbaijan: Gross capital formation (constant LCU), per unit of GDP was 0.0856 constant LCU per US$ of GDP in 2014. ◆ Volatile
Gross capital formation (constant LCU), per unit of GDP in Azerbaijan, 1993–2014
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2014, gross capital formation (constant lcu), per unit of gdp in Azerbaijan stood at 0.0856 constant LCU per US$ of GDP.
Compared with earlier readings it is down 85.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Azerbaijan peaked at 0.6071 constant LCU per US$ of GDP in 2004 and was at its lowest, 0.0763 constant LCU per US$ of GDP, in 2012.
Azerbaijan ranks 162nd of 170 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), per unit of GDP in Azerbaijan, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1993 | 0.0817 constant LCU per US$ of GDP | — |
| 1994 | 0.1566 constant LCU per US$ of GDP | +91.6% |
| 1995 | 0.1199 constant LCU per US$ of GDP | -23.4% |
| 1996 | 0.1929 constant LCU per US$ of GDP | +60.9% |
| 1997 | 0.2149 constant LCU per US$ of GDP | +11.4% |
| 1998 | 0.2356 constant LCU per US$ of GDP | +9.6% |
| 1999 | 0.2851 constant LCU per US$ of GDP | +21.0% |
| 2000 | 0.2186 constant LCU per US$ of GDP | -23.3% |
| 2001 | 0.2281 constant LCU per US$ of GDP | +4.3% |
| 2002 | 0.3917 constant LCU per US$ of GDP | +71.8% |
| 2003 | 0.5791 constant LCU per US$ of GDP | +47.9% |
| 2004 | 0.6071 constant LCU per US$ of GDP | +4.8% |
| 2005 | 0.3927 constant LCU per US$ of GDP | -35.3% |
| 2006 | 0.2546 constant LCU per US$ of GDP | -35.2% |
| 2007 | 0.1466 constant LCU per US$ of GDP | -42.4% |
| 2008 | 0.1007 constant LCU per US$ of GDP | -31.3% |
| 2009 | 0.1012 constant LCU per US$ of GDP | +0.4% |
| 2010 | 0.0883 constant LCU per US$ of GDP | -12.7% |
| 2011 | 0.0789 constant LCU per US$ of GDP | -10.7% |
| 2012 | 0.0763 constant LCU per US$ of GDP | -3.3% |
| 2013 | 0.0856 constant LCU per US$ of GDP | +12.2% |
| 2014 | 0.0856 constant LCU per US$ of GDP | +0.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0856 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 3.07 constant LCU per US$ of GDP, 3% of the median. (47 countries reporting)
- Azerbaijan's 0.0856 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.1754 constant LCU per US$ of GDP, 49% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1838 constant LCU per US$ of GDP | 0.0817 constant LCU per US$ of GDP | 0.2851 constant LCU per US$ of GDP | 7 |
| 2000s | 0.302 constant LCU per US$ of GDP | 0.1007 constant LCU per US$ of GDP | 0.6071 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0829 constant LCU per US$ of GDP | 0.0763 constant LCU per US$ of GDP | 0.0883 constant LCU per US$ of GDP | 5 |
Countries ranked near Azerbaijan
- 159 Luxembourg 0.1018 constant LCU per US$ of GDP compare
- 160 Bahrain 0.1006 constant LCU per US$ of GDP compare
- 161 Bermuda 0.0925 constant LCU per US$ of GDP
- 163 Oman 0.0836 constant LCU per US$ of GDP compare
- 164 Cuba 0.0781 constant LCU per US$ of GDP compare
- 165 Puerto Rico 0.0674 constant LCU per US$ of GDP compare
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Azerbaijan?
- Gross capital formation (constant lcu), per unit of gdp in Azerbaijan was 0.0856 constant LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Azerbaijan?
- The highest recorded value was 0.6071 constant LCU per US$ of GDP in 2004.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Azerbaijan?
- The lowest recorded value was 0.0763 constant LCU per US$ of GDP in 2012.
- How does Azerbaijan rank for gross capital formation (constant lcu), per unit of gdp?
- Azerbaijan ranks 162nd out of 170 countries with data for 2014.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 85.9%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.