Gross fixed capital formation in Azerbaijan
Azerbaijan: Gross fixed capital formation was 16.3% in 2025. ▼ Falling
Gross fixed capital formation in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Azerbaijan recorded 16.3% for gross fixed capital formation in 2025.
Compared with earlier readings it is down 7.5% on the previous year and down 41.5% over ten years.
Over the whole period, gross fixed capital formation in Azerbaijan peaked at 57.7% in 2004 and was at its lowest, 11.5%, in 1991.
That places Azerbaijan 150th out of 181 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Gross fixed capital formation in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 20.3% | — |
| 1991 | 11.5% | -43.5% |
| 1992 | 21.8% | +90.5% |
| 1993 | 21.0% | -4.0% |
| 1994 | 26.3% | +25.3% |
| 1995 | 15.6% | -40.4% |
| 1996 | 29.1% | +86.1% |
| 1997 | 37.0% | +27.1% |
| 1998 | 35.5% | -4.0% |
| 1999 | 28.5% | -19.7% |
| 2000 | 23.1% | -18.8% |
| 2001 | 22.9% | -1.1% |
| 2002 | 34.1% | +48.9% |
| 2003 | 52.9% | +55.2% |
| 2004 | 57.7% | +9.1% |
| 2005 | 41.3% | -28.4% |
| 2006 | 29.7% | -28.1% |
| 2007 | 21.4% | -28.0% |
| 2008 | 18.6% | -13.2% |
| 2009 | 18.8% | +1.3% |
| 2010 | 18.2% | -3.5% |
| 2011 | 20.2% | +11.1% |
| 2012 | 22.5% | +11.3% |
| 2013 | 25.8% | +14.9% |
| 2014 | 27.4% | +6.3% |
| 2015 | 27.8% | +1.4% |
| 2016 | 25.0% | -10.0% |
| 2017 | 23.8% | -4.9% |
| 2018 | 20.7% | -13.1% |
| 2019 | 21.1% | +2.1% |
| 2020 | 22.7% | +7.3% |
| 2021 | 16.2% | -28.4% |
| 2022 | 12.0% | -26.0% |
| 2023 | 17.4% | +44.9% |
| 2024 | 17.6% | +1.2% |
| 2025 | 16.3% | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.7% | 11.5% | 37.0% | 10 |
| 2000s | 32.0% | 18.6% | 57.7% | 10 |
| 2010s | 23.3% | 18.2% | 27.8% | 10 |
| 2020s | 17.0% | 12.0% | 22.7% | 6 |
Countries ranked near Azerbaijan
- 147 Bolivia, Plurinational State of 16.6% compare
- 148 Turkmenistan 16.5% compare
- 149 Chad 16.4% compare
- 151 Costa Rica 16.3% compare
- 152 Eswatini 16.1% compare
- 153 Colombia 16.0% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0598 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 443.14 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1017 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 753.34 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0654 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 484.92 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 218.81 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -5.04 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Azerbaijan?
- Gross fixed capital formation in Azerbaijan was 16.3% 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 57.7% in 2004.
- What is the lowest gross fixed capital formation recorded in Azerbaijan?
- The lowest recorded value was 11.5% in 1991.
- How does Azerbaijan rank for gross fixed capital formation?
- Azerbaijan ranks 150th 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 41.5%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.