Gross fixed capital formation (current LCU) in Azerbaijan
Azerbaijan: Gross fixed capital formation (current LCU) was 21.03 billion current LCU in 2025. ◆ Volatile
Gross fixed capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Azerbaijan is 21.03 billion current LCU, measured in 2025.
Compared with earlier readings it is down 5.6% on the previous year and up 39.0% over ten years.
Over the whole period, gross fixed capital formation in Azerbaijan peaked at 22.28 billion current LCU in 2024 and was at its lowest, 59,400 current LCU, in 1990.
Azerbaijan ranks 139th of 181 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) in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 59,400 current LCU | — |
| 1991 | 61,200 current LCU | +3.0% |
| 1992 | 1.05 million current LCU | +1618.3% |
| 1993 | 6.58 million current LCU | +525.7% |
| 1994 | 98.39 million current LCU | +1395.4% |
| 1995 | 333.80 million current LCU | +239.3% |
| 1996 | 795.40 million current LCU | +138.3% |
| 1997 | 1.17 billion current LCU | +46.9% |
| 1998 | 1.22 billion current LCU | +4.6% |
| 1999 | 1.08 billion current LCU | -11.9% |
| 2000 | 1.09 billion current LCU | +1.4% |
| 2001 | 1.22 billion current LCU | +11.4% |
| 2002 | 2.07 billion current LCU | +69.9% |
| 2003 | 3.78 billion current LCU | +82.9% |
| 2004 | 4.92 billion current LCU | +30.3% |
| 2005 | 5.17 billion current LCU | +5.1% |
| 2006 | 5.57 billion current LCU | +7.6% |
| 2007 | 6.07 billion current LCU | +9.0% |
| 2008 | 7.46 billion current LCU | +22.9% |
| 2009 | 6.70 billion current LCU | -10.2% |
| 2010 | 7.71 billion current LCU | +15.1% |
| 2011 | 10.51 billion current LCU | +36.2% |
| 2012 | 12.29 billion current LCU | +17.0% |
| 2013 | 15.01 billion current LCU | +22.1% |
| 2014 | 16.19 billion current LCU | +7.9% |
| 2015 | 15.13 billion current LCU | -6.5% |
| 2016 | 15.13 billion current LCU | -0.0% |
| 2017 | 16.75 billion current LCU | +10.7% |
| 2018 | 16.57 billion current LCU | -1.1% |
| 2019 | 17.30 billion current LCU | +4.4% |
| 2020 | 16.45 billion current LCU | -4.9% |
| 2021 | 15.12 billion current LCU | -8.1% |
| 2022 | 16.09 billion current LCU | +6.4% |
| 2023 | 21.43 billion current LCU | +33.1% |
| 2024 | 22.28 billion current LCU | +4.0% |
| 2025 | 21.03 billion current LCU | -5.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 21.03 billion current LCU is below the median for upper middle income countries, which is 431.60 billion current LCU, 5% of the median. (51 countries reporting)
- Azerbaijan's 21.03 billion current LCU is below the median for Europe & Central Asia, which is 153.41 billion current LCU, 14% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU) 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 |
|---|---|---|---|
| 1992 | +1618.3% | 61,200 current LCU | 1.05 million current LCU |
| 1994 | +1395.4% | 6.58 million current LCU | 98.39 million current LCU |
| 1993 | +525.7% | 1.05 million current LCU | 6.58 million current LCU |
| 1995 | +239.3% | 98.39 million current LCU | 333.80 million current LCU |
| 1996 | +138.3% | 333.80 million current LCU | 795.40 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 470.18 million current LCU | 59,400 current LCU | 1.22 billion current LCU | 10 |
| 2000s | 4.40 billion current LCU | 1.09 billion current LCU | 7.46 billion current LCU | 10 |
| 2010s | 14.26 billion current LCU | 7.71 billion current LCU | 17.30 billion current LCU | 10 |
| 2020s | 18.73 billion current LCU | 15.12 billion current LCU | 22.28 billion current LCU | 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 fixed capital formation in Azerbaijan?
- Gross fixed capital formation in Azerbaijan was 21.03 billion current LCU in 2025, 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 22.28 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Azerbaijan?
- The lowest recorded value was 59,400 current LCU in 1990.
- How does Azerbaijan rank for gross fixed capital formation?
- Azerbaijan ranks 139th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Azerbaijan?
- Over the last ten years it is up 39.0%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.