Gross capital formation in Azerbaijan
Azerbaijan: Gross capital formation was 18.9% in 2025. ▼ Falling
Gross capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross capital formation in Azerbaijan stood at 18.9%.
That represents a change of down 8.8% on the previous year and down 32.3% over ten years.
Over the whole period, gross capital formation in Azerbaijan peaked at 58.0% in 2004 and was at its lowest, -0.7%, in 1992.
That places Azerbaijan 141st out of 187 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Gross capital formation in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 26.5% | — |
| 1991 | 3.1% | -88.3% |
| 1992 | -0.7% | -122.3% |
| 1993 | 21.8% | -3245.7% |
| 1994 | 15.3% | -29.7% |
| 1995 | 23.8% | +55.3% |
| 1996 | 29.0% | +22.0% |
| 1997 | 34.2% | +18.1% |
| 1998 | 33.4% | -2.5% |
| 1999 | 26.5% | -20.6% |
| 2000 | 20.7% | -22.0% |
| 2001 | 20.7% | +0.0% |
| 2002 | 34.6% | +67.2% |
| 2003 | 53.2% | +53.8% |
| 2004 | 58.0% | +9.1% |
| 2005 | 41.5% | -28.4% |
| 2006 | 29.9% | -28.1% |
| 2007 | 21.5% | -27.9% |
| 2008 | 18.7% | -13.2% |
| 2009 | 18.9% | +1.4% |
| 2010 | 18.1% | -4.7% |
| 2011 | 20.3% | +12.2% |
| 2012 | 22.3% | +10.1% |
| 2013 | 25.7% | +15.0% |
| 2014 | 27.5% | +7.2% |
| 2015 | 27.9% | +1.5% |
| 2016 | 25.7% | -8.0% |
| 2017 | 24.4% | -5.1% |
| 2018 | 20.1% | -17.4% |
| 2019 | 20.3% | +0.9% |
| 2020 | 23.7% | +16.5% |
| 2021 | 17.1% | -27.8% |
| 2022 | 12.0% | -29.7% |
| 2023 | 17.7% | +47.8% |
| 2024 | 20.7% | +16.7% |
| 2025 | 18.9% | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.3% | -0.7% | 34.2% | 10 |
| 2000s | 31.8% | 18.7% | 58.0% | 10 |
| 2010s | 23.2% | 18.1% | 27.9% | 10 |
| 2020s | 18.3% | 12.0% | 23.7% | 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)
- Imports of goods and services (current US$), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3681 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,728 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 2.24 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.6257 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 4,637 current LCU per person (2025)
- External balance on goods and services (current US$), annual growth -30.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -30.33 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Azerbaijan?
- Gross capital formation in Azerbaijan was 18.9% 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 58.0% in 2004.
- What is the lowest gross capital formation recorded in Azerbaijan?
- The lowest recorded value was -0.7% in 1992.
- How does Azerbaijan rank for gross capital formation?
- Azerbaijan ranks 141st 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 32.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.