Gross fixed capital formation in Azerbaijan
Azerbaijan: Gross fixed capital formation was 12.37 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Azerbaijan stood at 12.37 billion current US$.
That represents a change of down 5.6% on the previous year and down 16.2% over ten years.
Over the whole period, gross fixed capital formation in Azerbaijan peaked at 20.64 billion current US$ in 2014 and was at its lowest, 97.01 million current US$, in 1992.
Azerbaijan ranks 84th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 1.80 billion current US$ | — |
| 1991 | 612.00 million current US$ | -66.0% |
| 1992 | 97.01 million current US$ | -84.1% |
| 1993 | 329.06 million current US$ | +239.2% |
| 1994 | 313.30 million current US$ | -4.8% |
| 1995 | 378.15 million current US$ | +20.7% |
| 1996 | 924.61 million current US$ | +144.5% |
| 1997 | 1.47 billion current US$ | +58.5% |
| 1998 | 1.58 billion current US$ | +7.7% |
| 1999 | 1.31 billion current US$ | -17.3% |
| 2000 | 1.22 billion current US$ | -6.6% |
| 2001 | 1.31 billion current US$ | +7.1% |
| 2002 | 2.13 billion current US$ | +62.7% |
| 2003 | 3.85 billion current US$ | +81.1% |
| 2004 | 5.01 billion current US$ | +30.2% |
| 2005 | 5.47 billion current US$ | +9.2% |
| 2006 | 6.23 billion current US$ | +13.9% |
| 2007 | 7.07 billion current US$ | +13.5% |
| 2008 | 9.08 billion current US$ | +28.3% |
| 2009 | 8.34 billion current US$ | -8.2% |
| 2010 | 9.61 billion current US$ | +15.3% |
| 2011 | 13.31 billion current US$ | +38.5% |
| 2012 | 15.65 billion current US$ | +17.6% |
| 2013 | 19.13 billion current US$ | +22.3% |
| 2014 | 20.64 billion current US$ | +7.9% |
| 2015 | 14.77 billion current US$ | -28.4% |
| 2016 | 9.48 billion current US$ | -35.8% |
| 2017 | 9.73 billion current US$ | +2.7% |
| 2018 | 9.75 billion current US$ | +0.2% |
| 2019 | 10.18 billion current US$ | +4.4% |
| 2020 | 9.68 billion current US$ | -4.9% |
| 2021 | 8.90 billion current US$ | -8.1% |
| 2022 | 9.47 billion current US$ | +6.4% |
| 2023 | 12.60 billion current US$ | +33.1% |
| 2024 | 13.11 billion current US$ | +4.0% |
| 2025 | 12.37 billion current US$ | -5.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 12.37 billion current US$ is above the median for upper middle income countries, which is 10.71 billion current US$, 1.2× the median. (51 countries reporting)
- Azerbaijan's 12.37 billion current US$ is below the median for Europe & Central Asia, which is 31.73 billion current US$, 39% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +239.2% | 97.01 million current US$ | 329.06 million current US$ |
| 1996 | +144.5% | 378.15 million current US$ | 924.61 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 880.51 million current US$ | 97.01 million current US$ | 1.80 billion current US$ | 10 |
| 2000s | 4.97 billion current US$ | 1.22 billion current US$ | 9.08 billion current US$ | 10 |
| 2010s | 13.22 billion current US$ | 9.48 billion current US$ | 20.64 billion current US$ | 10 |
| 2020s | 11.02 billion current US$ | 8.90 billion current US$ | 13.11 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)
- 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Azerbaijan?
- Gross fixed capital formation in Azerbaijan was 12.37 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Azerbaijan?
- The highest recorded value was 20.64 billion current US$ in 2014.
- What is the lowest gross fixed capital formation recorded in Azerbaijan?
- The lowest recorded value was 97.01 million current US$ in 1992.
- How does Azerbaijan rank for gross fixed capital formation?
- Azerbaijan ranks 84th 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 down 16.2%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.