Gross capital formation in Azerbaijan
Azerbaijan: Gross capital formation was 24.38 billion current LCU in 2025. ◆ Volatile
Gross capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross capital formation in Azerbaijan stood at 24.38 billion current LCU.
The figure is down 6.9% on the previous year and up 60.6% over ten years.
Over the whole period, gross capital formation in Azerbaijan peaked at 26.19 billion current LCU in 2024 and was at its lowest, -33,400 current LCU, in 1992.
Azerbaijan ranks 139th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 77,800 current LCU | — |
| 1991 | 16,600 current LCU | -78.7% |
| 1992 | -33,400 current LCU | -301.2% |
| 1993 | 6.84 million current LCU | -20592.2% |
| 1994 | 57.38 million current LCU | +738.3% |
| 1995 | 507.40 million current LCU | +784.3% |
| 1996 | 792.50 million current LCU | +56.2% |
| 1997 | 1.08 billion current LCU | +36.4% |
| 1998 | 1.15 billion current LCU | +6.2% |
| 1999 | 1.00 billion current LCU | -12.9% |
| 2000 | 975.40 million current LCU | -2.5% |
| 2001 | 1.10 billion current LCU | +12.7% |
| 2002 | 2.10 billion current LCU | +90.7% |
| 2003 | 3.80 billion current LCU | +81.3% |
| 2004 | 4.95 billion current LCU | +30.2% |
| 2005 | 5.20 billion current LCU | +5.1% |
| 2006 | 5.60 billion current LCU | +7.6% |
| 2007 | 6.10 billion current LCU | +9.1% |
| 2008 | 7.50 billion current LCU | +22.9% |
| 2009 | 6.75 billion current LCU | -10.1% |
| 2010 | 7.67 billion current LCU | +13.7% |
| 2011 | 10.56 billion current LCU | +37.6% |
| 2012 | 12.22 billion current LCU | +15.7% |
| 2013 | 14.93 billion current LCU | +22.2% |
| 2014 | 16.23 billion current LCU | +8.8% |
| 2015 | 15.18 billion current LCU | -6.5% |
| 2016 | 15.52 billion current LCU | +2.2% |
| 2017 | 17.15 billion current LCU | +10.5% |
| 2018 | 16.12 billion current LCU | -6.0% |
| 2019 | 16.63 billion current LCU | +3.2% |
| 2020 | 17.18 billion current LCU | +3.3% |
| 2021 | 15.92 billion current LCU | -7.3% |
| 2022 | 16.08 billion current LCU | +1.0% |
| 2023 | 21.85 billion current LCU | +35.8% |
| 2024 | 26.19 billion current LCU | +19.9% |
| 2025 | 24.38 billion current LCU | -6.9% |
Azerbaijan compared with similar countries
- Azerbaijan's 24.38 billion current LCU is below the median for upper middle income countries, which is 296.90 billion current LCU, 8% of the median. (52 countries reporting)
- Azerbaijan's 24.38 billion current LCU is below the median for Europe & Central Asia, which is 155.88 billion current LCU, 16% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +20592.2% | -33,400 current LCU | 6.84 million current LCU |
| 1995 | +784.3% | 57.38 million current LCU | 507.40 million current LCU |
| 1994 | +738.3% | 6.84 million current LCU | 57.38 million current LCU |
| 1992 | -301.2% | 16,600 current LCU | -33,400 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 459.37 million current LCU | -33,400 current LCU | 1.15 billion current LCU | 10 |
| 2000s | 4.41 billion current LCU | 975.40 million current LCU | 7.50 billion current LCU | 10 |
| 2010s | 14.22 billion current LCU | 7.67 billion current LCU | 17.15 billion current LCU | 10 |
| 2020s | 20.27 billion current LCU | 15.92 billion current LCU | 26.19 billion current LCU | 6 |
Countries ranked near Azerbaijan
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 in Azerbaijan?
- Gross capital formation in Azerbaijan was 24.38 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Azerbaijan?
- The highest recorded value was 26.19 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Azerbaijan?
- The lowest recorded value was -33,400 current LCU in 1992.
- How does Azerbaijan rank for gross capital formation?
- Azerbaijan ranks 139th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Azerbaijan?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.