Gross fixed capital formation in Azerbaijan
Azerbaijan: Gross fixed capital formation was 6.44 billion constant LCU in 2014. ◆ Volatile
Gross fixed capital formation in Azerbaijan, 1990–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Azerbaijan recorded 6.44 billion constant LCU for gross fixed capital formation in 2014. That is the highest value across all 25 years on record.
That represents a change of up 1.4% on the previous year and up 22.9% over ten years.
Over the whole period, gross fixed capital formation in Azerbaijan peaked at 6.44 billion constant LCU in 2014 and was at its lowest, 136.40 million constant LCU, in 1993.
That places Azerbaijan 142nd out of 168 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1990 | 471.73 million constant LCU | — |
| 1991 | 372.67 million constant LCU | -21.0% |
| 1992 | 223.60 million constant LCU | -40.0% |
| 1993 | 136.40 million constant LCU | -39.0% |
| 1994 | 257.79 million constant LCU | +89.0% |
| 1995 | 305.74 million constant LCU | +18.6% |
| 1996 | 646.33 million constant LCU | +111.4% |
| 1997 | 898.40 million constant LCU | +39.0% |
| 1998 | 1.11 billion constant LCU | +23.0% |
| 1999 | 1.40 billion constant LCU | +26.7% |
| 2000 | 1.29 billion constant LCU | -7.8% |
| 2001 | 1.44 billion constant LCU | +11.6% |
| 2002 | 2.41 billion constant LCU | +67.2% |
| 2003 | 4.19 billion constant LCU | +74.1% |
| 2004 | 5.24 billion constant LCU | +25.1% |
| 2005 | 5.17 billion constant LCU | -1.3% |
| 2006 | 5.31 billion constant LCU | +2.7% |
| 2007 | 4.82 billion constant LCU | -9.3% |
| 2008 | 4.90 billion constant LCU | +1.6% |
| 2009 | 4.46 billion constant LCU | -9.0% |
| 2010 | 4.65 billion constant LCU | +4.3% |
| 2011 | 5.21 billion constant LCU | +12.0% |
| 2012 | 5.32 billion constant LCU | +2.2% |
| 2013 | 6.35 billion constant LCU | +19.4% |
| 2014 | 6.44 billion constant LCU | +1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 6.44 billion constant LCU is below the median for upper middle income countries, which is 349.48 billion constant LCU, 2% of the median. (46 countries reporting)
- Azerbaijan's 6.44 billion constant LCU is below the median for Europe & Central Asia, which is 140.09 billion constant LCU, 5% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 581.73 million constant LCU | 136.40 million constant LCU | 1.40 billion constant LCU | 10 |
| 2000s | 3.92 billion constant LCU | 1.29 billion constant LCU | 5.31 billion constant LCU | 10 |
| 2010s | 5.59 billion constant LCU | 4.65 billion constant LCU | 6.44 billion constant LCU | 5 |
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 fixed capital formation in Azerbaijan?
- Gross fixed capital formation in Azerbaijan was 6.44 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Azerbaijan?
- The highest recorded value was 6.44 billion constant LCU in 2014.
- What is the lowest gross fixed capital formation recorded in Azerbaijan?
- The lowest recorded value was 136.40 million constant LCU in 1993.
- How does Azerbaijan rank for gross fixed capital formation?
- Azerbaijan ranks 142nd out of 168 countries with data for 2014.
- Is gross fixed capital formation rising or falling in Azerbaijan?
- Over the last ten years it is up 22.9%. 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 fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.