Gross fixed capital formation (current LCU), per square kilometre in Azerbaijan
Azerbaijan: Gross fixed capital formation (current LCU), per square kilometre was 259,227 current LCU per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current LCU), per square kilometre in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, gross fixed capital formation (current lcu), per square kilometre in Azerbaijan stood at 259,227 current LCU per square kilometre. That is the highest value across all 32 years on record.
That represents a change of up 33.1% on the previous year and up 42.8% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Azerbaijan peaked at 259,227 current LCU per square kilometre in 2023 and was at its lowest, 12.64 current LCU per square kilometre, in 1992.
Azerbaijan ranks 142nd of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), per square kilometre in Azerbaijan, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1992 | 12.64 current LCU per square kilometre | — |
| 1993 | 79.06 current LCU per square kilometre | +525.7% |
| 1994 | 1,182 current LCU per square kilometre | +1395.4% |
| 1995 | 4,011 current LCU per square kilometre | +239.3% |
| 1996 | 9,558 current LCU per square kilometre | +138.3% |
| 1997 | 14,039 current LCU per square kilometre | +46.9% |
| 1998 | 14,705 current LCU per square kilometre | +4.7% |
| 1999 | 13,014 current LCU per square kilometre | -11.5% |
| 2000 | 13,215 current LCU per square kilometre | +1.5% |
| 2001 | 14,724 current LCU per square kilometre | +11.4% |
| 2002 | 25,008 current LCU per square kilometre | +69.8% |
| 2003 | 45,724 current LCU per square kilometre | +82.8% |
| 2004 | 59,546 current LCU per square kilometre | +30.2% |
| 2005 | 62,580 current LCU per square kilometre | +5.1% |
| 2006 | 67,377 current LCU per square kilometre | +7.7% |
| 2007 | 73,449 current LCU per square kilometre | +9.0% |
| 2008 | 90,249 current LCU per square kilometre | +22.9% |
| 2009 | 81,092 current LCU per square kilometre | -10.1% |
| 2010 | 93,333 current LCU per square kilometre | +15.1% |
| 2011 | 127,137 current LCU per square kilometre | +36.2% |
| 2012 | 148,719 current LCU per square kilometre | +17.0% |
| 2013 | 181,558 current LCU per square kilometre | +22.1% |
| 2014 | 195,829 current LCU per square kilometre | +7.9% |
| 2015 | 183,049 current LCU per square kilometre | -6.5% |
| 2016 | 182,983 current LCU per square kilometre | -0.0% |
| 2017 | 202,663 current LCU per square kilometre | +10.8% |
| 2018 | 200,526 current LCU per square kilometre | -1.1% |
| 2019 | 209,358 current LCU per square kilometre | +4.4% |
| 2020 | 199,053 current LCU per square kilometre | -4.9% |
| 2021 | 182,991 current LCU per square kilometre | -8.1% |
| 2022 | 194,704 current LCU per square kilometre | +6.4% |
| 2023 | 259,227 current LCU per square kilometre | +33.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 259,227 current LCU per square kilometre is below the median for upper middle income countries, which is 3.05 million current LCU per square kilometre, 9% of the median. (50 countries reporting)
- Azerbaijan's 259,227 current LCU per square kilometre is below the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 14% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per square kilometre 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 |
|---|---|---|---|
| 1994 | +1395.4% | 79.06 current LCU per square kilometre | 1,182 current LCU per square kilometre |
| 1993 | +525.7% | 12.64 current LCU per square kilometre | 79.06 current LCU per square kilometre |
| 1995 | +239.3% | 1,182 current LCU per square kilometre | 4,011 current LCU per square kilometre |
| 1996 | +138.3% | 4,011 current LCU per square kilometre | 9,558 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7,075 current LCU per square kilometre | 12.64 current LCU per square kilometre | 14,705 current LCU per square kilometre | 8 |
| 2000s | 53,296 current LCU per square kilometre | 13,215 current LCU per square kilometre | 90,249 current LCU per square kilometre | 10 |
| 2010s | 172,515 current LCU per square kilometre | 93,333 current LCU per square kilometre | 209,358 current LCU per square kilometre | 10 |
| 2020s | 208,994 current LCU per square kilometre | 182,991 current LCU per square kilometre | 259,227 current LCU per square kilometre | 4 |
Countries ranked near Azerbaijan
- 139 Greece 276,879 current LCU per square kilometre compare
- 140 Guyana 270,815 current LCU per square kilometre compare
- 141 Tajikistan 270,753 current LCU per square kilometre compare
- 143 Georgia 249,784 current LCU per square kilometre compare
- 144 Belarus 242,206 current LCU per square kilometre compare
- 145 Bosnia and Herzegovina 231,984 current LCU 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)
- 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 (current lcu), per square kilometre in Azerbaijan?
- Gross fixed capital formation (current lcu), per square kilometre in Azerbaijan was 259,227 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Azerbaijan?
- The highest recorded value was 259,227 current LCU per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Azerbaijan?
- The lowest recorded value was 12.64 current LCU per square kilometre in 1992.
- How does Azerbaijan rank for gross fixed capital formation (current lcu), per square kilometre?
- Azerbaijan ranks 142nd out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Azerbaijan?
- Over the last ten years it is up 42.8%. 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 fixed capital formation (current LCU), 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 fixed capital formation (current LCU) 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 fixed capital formation (current LCU) ÷ Land area (sq. km)
Computed from
- Gross fixed 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 fixed capital formation (current LCU) 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.