Gross capital formation (current US$), per square kilometre in Azerbaijan
Azerbaijan: Gross capital formation (current US$), per square kilometre was 155,488 current US$ per square kilometre in 2023. ◆ Volatile
Gross capital formation (current US$), per square kilometre in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross capital formation (current us$), per square kilometre in Azerbaijan stood at 155,488 current US$ per square kilometre.
Compared with earlier readings it is up 35.8% on the previous year and down 32.5% over ten years.
Over the whole period, gross capital formation (current us$), per square kilometre in Azerbaijan peaked at 250,396 current US$ per square kilometre in 2014 and was at its lowest, -37.03 current US$ per square kilometre, in 1992.
That places Azerbaijan 82nd out of 184 countries with data for 2023, putting it 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 (current US$), per square kilometre in Azerbaijan, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1992 | -37.03 current US$ per square kilometre | — |
| 1993 | 4,113 current US$ per square kilometre | -11209.6% |
| 1994 | 2,196 current US$ per square kilometre | -46.6% |
| 1995 | 6,907 current US$ per square kilometre | +214.6% |
| 1996 | 11,070 current US$ per square kilometre | +60.3% |
| 1997 | 16,302 current US$ per square kilometre | +47.3% |
| 1998 | 17,855 current US$ per square kilometre | +9.5% |
| 1999 | 14,676 current US$ per square kilometre | -17.8% |
| 2000 | 13,196 current US$ per square kilometre | -10.1% |
| 2001 | 14,287 current US$ per square kilometre | +8.3% |
| 2002 | 26,099 current US$ per square kilometre | +82.7% |
| 2003 | 46,810 current US$ per square kilometre | +79.4% |
| 2004 | 60,889 current US$ per square kilometre | +30.1% |
| 2005 | 66,555 current US$ per square kilometre | +9.3% |
| 2006 | 75,814 current US$ per square kilometre | +13.9% |
| 2007 | 86,094 current US$ per square kilometre | +13.6% |
| 2008 | 110,522 current US$ per square kilometre | +28.4% |
| 2009 | 101,581 current US$ per square kilometre | -8.1% |
| 2010 | 115,602 current US$ per square kilometre | +13.8% |
| 2011 | 161,717 current US$ per square kilometre | +39.9% |
| 2012 | 188,128 current US$ per square kilometre | +16.3% |
| 2013 | 230,200 current US$ per square kilometre | +22.4% |
| 2014 | 250,396 current US$ per square kilometre | +8.8% |
| 2015 | 179,228 current US$ per square kilometre | -28.4% |
| 2016 | 117,633 current US$ per square kilometre | -34.4% |
| 2017 | 120,525 current US$ per square kilometre | +2.5% |
| 2018 | 114,737 current US$ per square kilometre | -4.8% |
| 2019 | 118,362 current US$ per square kilometre | +3.2% |
| 2020 | 122,253 current US$ per square kilometre | +3.3% |
| 2021 | 113,290 current US$ per square kilometre | -7.3% |
| 2022 | 114,456 current US$ per square kilometre | +1.0% |
| 2023 | 155,488 current US$ per square kilometre | +35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9,135 current US$ per square kilometre | -37.03 current US$ per square kilometre | 17,855 current US$ per square kilometre | 8 |
| 2000s | 60,185 current US$ per square kilometre | 13,196 current US$ per square kilometre | 110,522 current US$ per square kilometre | 10 |
| 2010s | 159,653 current US$ per square kilometre | 114,737 current US$ per square kilometre | 250,396 current US$ per square kilometre | 10 |
| 2020s | 126,372 current US$ per square kilometre | 113,290 current US$ per square kilometre | 155,488 current US$ per square kilometre | 4 |
Countries ranked near Azerbaijan
- 79 Latvia 169,741 current US$ per square kilometre compare
- 80 Saudi Arabia 168,715 current US$ per square kilometre compare
- 81 Guatemala 160,779 current US$ per square kilometre compare
- 83 Bosnia and Herzegovina 145,740 current US$ per square kilometre compare
- 84 Montenegro 144,612 current US$ per square kilometre compare
- 85 New Caledonia 136,597 current US$ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.01 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 7,479 current LCU per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.86 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.749 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 5,550 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 8.86 % change on previous year (2025)
- Final consumption expenditure (current LCU), per unit of GDP 1.27 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current us$), per square kilometre in Azerbaijan?
- Gross capital formation (current us$), per square kilometre in Azerbaijan was 155,488 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per square kilometre recorded in Azerbaijan?
- The highest recorded value was 250,396 current US$ per square kilometre in 2014.
- What is the lowest gross capital formation (current us$), per square kilometre recorded in Azerbaijan?
- The lowest recorded value was -37.03 current US$ per square kilometre in 1992.
- How does Azerbaijan rank for gross capital formation (current us$), per square kilometre?
- Azerbaijan ranks 82nd out of 184 countries with data for 2023.
- Is gross capital formation (current us$), per square kilometre rising or falling in Azerbaijan?
- Over the last ten years it is down 32.5%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) 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 US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) 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.