Gross capital formation (current LCU), per square kilometre in Azerbaijan
Azerbaijan: Gross capital formation (current LCU), per square kilometre was 264,330 current LCU per square kilometre in 2023. ◆ Volatile
Gross capital formation (current LCU), per square kilometre in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Azerbaijan recorded 264,330 current LCU per square kilometre for gross capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 32 years on record.
The figure is up 35.8% on the previous year and up 46.4% over ten years.
Over the whole period, gross capital formation (current lcu), per square kilometre in Azerbaijan peaked at 264,330 current LCU per square kilometre in 2023 and was at its lowest, -0.4014 current LCU per square kilometre, in 1992.
That places Azerbaijan 149th out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per square kilometre in Azerbaijan, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1992 | -0.4014 current LCU per square kilometre | — |
| 1993 | 82.25 current LCU per square kilometre | -20592.2% |
| 1994 | 689.5 current LCU per square kilometre | +738.3% |
| 1995 | 6,097 current LCU per square kilometre | +784.3% |
| 1996 | 9,523 current LCU per square kilometre | +56.2% |
| 1997 | 12,994 current LCU per square kilometre | +36.4% |
| 1998 | 13,816 current LCU per square kilometre | +6.3% |
| 1999 | 12,094 current LCU per square kilometre | -12.5% |
| 2000 | 11,808 current LCU per square kilometre | -2.4% |
| 2001 | 13,306 current LCU per square kilometre | +12.7% |
| 2002 | 25,372 current LCU per square kilometre | +90.7% |
| 2003 | 45,975 current LCU per square kilometre | +81.2% |
| 2004 | 59,835 current LCU per square kilometre | +30.1% |
| 2005 | 62,923 current LCU per square kilometre | +5.2% |
| 2006 | 67,736 current LCU per square kilometre | +7.6% |
| 2007 | 73,880 current LCU per square kilometre | +9.1% |
| 2008 | 90,807 current LCU per square kilometre | +22.9% |
| 2009 | 81,649 current LCU per square kilometre | -10.1% |
| 2010 | 92,782 current LCU per square kilometre | +13.6% |
| 2011 | 127,706 current LCU per square kilometre | +37.6% |
| 2012 | 147,802 current LCU per square kilometre | +15.7% |
| 2013 | 180,601 current LCU per square kilometre | +22.2% |
| 2014 | 196,397 current LCU per square kilometre | +8.7% |
| 2015 | 183,630 current LCU per square kilometre | -6.5% |
| 2016 | 187,710 current LCU per square kilometre | +2.2% |
| 2017 | 207,442 current LCU per square kilometre | +10.5% |
| 2018 | 195,055 current LCU per square kilometre | -6.0% |
| 2019 | 201,216 current LCU per square kilometre | +3.2% |
| 2020 | 207,830 current LCU per square kilometre | +3.3% |
| 2021 | 192,593 current LCU per square kilometre | -7.3% |
| 2022 | 194,576 current LCU per square kilometre | +1.0% |
| 2023 | 264,330 current LCU per square kilometre | +35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,912 current LCU per square kilometre | -0.4014 current LCU per square kilometre | 13,816 current LCU per square kilometre | 8 |
| 2000s | 53,329 current LCU per square kilometre | 11,808 current LCU per square kilometre | 90,807 current LCU per square kilometre | 10 |
| 2010s | 172,034 current LCU per square kilometre | 92,782 current LCU per square kilometre | 207,442 current LCU per square kilometre | 10 |
| 2020s | 214,832 current LCU per square kilometre | 192,593 current LCU per square kilometre | 264,330 current LCU per square kilometre | 4 |
Countries ranked near Azerbaijan
- 146 Guyana 270,815 current LCU per square kilometre compare
- 147 Lithuania 268,867 current LCU per square kilometre compare
- 148 Belarus 265,361 current LCU per square kilometre compare
- 150 Bosnia and Herzegovina 263,674 current LCU per square kilometre compare
- 151 Zambia 235,781 current LCU per square kilometre compare
- 152 Estonia 225,536 current LCU per square kilometre 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 (current lcu), per square kilometre in Azerbaijan?
- Gross capital formation (current lcu), per square kilometre in Azerbaijan was 264,330 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per square kilometre recorded in Azerbaijan?
- The highest recorded value was 264,330 current LCU per square kilometre in 2023.
- What is the lowest gross capital formation (current lcu), per square kilometre recorded in Azerbaijan?
- The lowest recorded value was -0.4014 current LCU per square kilometre in 1992.
- How does Azerbaijan rank for gross capital formation (current lcu), per square kilometre?
- Azerbaijan ranks 149th out of 184 countries with data for 2023.
- Is gross capital formation (current lcu), per square kilometre rising or falling in Azerbaijan?
- Over the last ten years it is up 46.4%. 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 (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current LCU) 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.
Gross capital formation (current LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 (current LCU) 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.