Gross fixed capital formation in Azerbaijan

Azerbaijan: Gross fixed capital formation was 12.37 billion current US$ in 2025. ◆ Volatile

Latest (2025)
12.37 billion current US$
Change on year
down 5.6%
World rank
84th
of 179 countries
All-time high
20.64 billion current US$
in 2014
All-time low
97.01 million current US$
in 1992
Years of data
36
1990–2025

Gross fixed capital formation in Azerbaijan, 1990–2025

05.0B10.0B15.0B20.0B1990200720251990: 1.8B current US$1991: 612.0M current US$1992: 97.0M current US$1993: 329.1M current US$1994: 313.3M current US$1995: 378.2M current US$1996: 924.6M current US$1997: 1.5B current US$1998: 1.6B current US$1999: 1.3B current US$2000: 1.2B current US$2001: 1.3B current US$2002: 2.1B current US$2003: 3.8B current US$2004: 5.0B current US$2005: 5.5B current US$2006: 6.2B current US$2007: 7.1B current US$2008: 9.1B current US$2009: 8.3B current US$2010: 9.6B current US$2011: 13.3B current US$2012: 15.6B current US$2013: 19.1B current US$2014: 20.6B current US$2015: 14.8B current US$2016: 9.5B current US$2017: 9.7B current US$2018: 9.7B current US$2019: 10.2B current US$2020: 9.7B current US$2021: 8.9B current US$2022: 9.5B current US$2023: 12.6B current US$2024: 13.1B current US$2025: 12.4B current US$

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 179 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 81 Bahrain 13.63 billion current US$ compare
  2. 82 Uganda 13.55 billion current US$ compare
  3. 83 Uruguay 13.52 billion current US$ compare
  4. 85 Latvia 11.41 billion current US$ compare
  5. 86 Cameroon 11.40 billion current US$ compare
  6. 87 Estonia 11.39 billion current US$ compare

See the full ranking of 223 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

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 179 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.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

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.