Gross capital formation (current US$) in Azerbaijan
Azerbaijan: Gross capital formation (current US$) was 14.34 billion current US$ in 2025. ◆ Volatile
Gross capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross capital formation in Azerbaijan is 14.34 billion current US$, measured in 2025.
Compared with earlier readings it is down 6.9% on the previous year and down 3.2% over ten years.
Over the whole period, gross capital formation in Azerbaijan peaked at 20.70 billion current US$ in 2014 and was at its lowest, -3.08 million current US$, in 1992.
Azerbaijan ranks 82nd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$) in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 2.36 billion current US$ | — |
| 1991 | 166.00 million current US$ | -93.0% |
| 1992 | -3.08 million current US$ | -101.9% |
| 1993 | 342.31 million current US$ | -11209.6% |
| 1994 | 182.71 million current US$ | -46.6% |
| 1995 | 574.82 million current US$ | +214.6% |
| 1996 | 921.24 million current US$ | +60.3% |
| 1997 | 1.36 billion current US$ | +47.3% |
| 1998 | 1.48 billion current US$ | +9.4% |
| 1999 | 1.21 billion current US$ | -18.2% |
| 2000 | 1.09 billion current US$ | -10.2% |
| 2001 | 1.18 billion current US$ | +8.3% |
| 2002 | 2.16 billion current US$ | +82.7% |
| 2003 | 3.87 billion current US$ | +79.4% |
| 2004 | 5.03 billion current US$ | +30.1% |
| 2005 | 5.50 billion current US$ | +9.3% |
| 2006 | 6.27 billion current US$ | +13.9% |
| 2007 | 7.11 billion current US$ | +13.5% |
| 2008 | 9.13 billion current US$ | +28.4% |
| 2009 | 8.39 billion current US$ | -8.1% |
| 2010 | 9.56 billion current US$ | +13.8% |
| 2011 | 13.37 billion current US$ | +39.9% |
| 2012 | 15.55 billion current US$ | +16.3% |
| 2013 | 19.03 billion current US$ | +22.4% |
| 2014 | 20.70 billion current US$ | +8.8% |
| 2015 | 14.82 billion current US$ | -28.4% |
| 2016 | 9.72 billion current US$ | -34.4% |
| 2017 | 9.96 billion current US$ | +2.4% |
| 2018 | 9.48 billion current US$ | -4.8% |
| 2019 | 9.78 billion current US$ | +3.2% |
| 2020 | 10.10 billion current US$ | +3.3% |
| 2021 | 9.36 billion current US$ | -7.3% |
| 2022 | 9.46 billion current US$ | +1.0% |
| 2023 | 12.85 billion current US$ | +35.8% |
| 2024 | 15.41 billion current US$ | +19.9% |
| 2025 | 14.34 billion current US$ | -6.9% |
Azerbaijan compared with similar countries
- Azerbaijan's 14.34 billion current US$ is above the median for upper middle income countries, which is 11.53 billion current US$, 1.2× the median. (52 countries reporting)
- Azerbaijan's 14.34 billion current US$ is below the median for Europe & Central Asia, which is 29.72 billion current US$, 48% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$) 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 | +11209.6% | -3.08 million current US$ | 342.31 million current US$ |
| 1995 | +214.6% | 182.71 million current US$ | 574.82 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 859.55 million current US$ | -3.08 million current US$ | 2.36 billion current US$ | 10 |
| 2000s | 4.97 billion current US$ | 1.09 billion current US$ | 9.13 billion current US$ | 10 |
| 2010s | 13.20 billion current US$ | 9.48 billion current US$ | 20.70 billion current US$ | 10 |
| 2020s | 11.92 billion current US$ | 9.36 billion current US$ | 15.41 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Azerbaijan?
- Gross capital formation in Azerbaijan was 14.34 billion current US$ 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 20.70 billion current US$ in 2014.
- What is the lowest gross capital formation recorded in Azerbaijan?
- The lowest recorded value was -3.08 million current US$ in 1992.
- How does Azerbaijan rank for gross capital formation?
- Azerbaijan ranks 82nd out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Azerbaijan?
- Over the last ten years it is down 3.2%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.