Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.1383 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Azerbaijan stood at 0.1383 million SLC per square kilometre.
The figure is up 9.8% on the previous year and down 24.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Azerbaijan peaked at 0.1994 million SLC per square kilometre in 2014 and was at its lowest, 0.0029 million SLC per square kilometre, in 1993.
That places Azerbaijan 163rd out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Azerbaijan, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1992 | 0.0048 million SLC per square kilometre | — |
| 1993 | 0.0029 million SLC per square kilometre | -39.0% |
| 1994 | 0.0056 million SLC per square kilometre | +89.0% |
| 1995 | 0.0046 million SLC per square kilometre | -18.0% |
| 1996 | 0.0096 million SLC per square kilometre | +111.4% |
| 1997 | 0.0134 million SLC per square kilometre | +39.0% |
| 1998 | 0.0165 million SLC per square kilometre | +23.2% |
| 1999 | 0.0163 million SLC per square kilometre | -1.5% |
| 2000 | 0.0167 million SLC per square kilometre | +2.7% |
| 2001 | 0.0201 million SLC per square kilometre | +20.6% |
| 2002 | 0.0322 million SLC per square kilometre | +60.0% |
| 2003 | 0.052 million SLC per square kilometre | +61.4% |
| 2004 | 0.0608 million SLC per square kilometre | +16.9% |
| 2005 | 0.0643 million SLC per square kilometre | +5.8% |
| 2006 | 0.0737 million SLC per square kilometre | +14.5% |
| 2007 | 0.0802 million SLC per square kilometre | +8.8% |
| 2008 | 0.0968 million SLC per square kilometre | +20.7% |
| 2009 | 0.0914 million SLC per square kilometre | -5.6% |
| 2010 | 0.0982 million SLC per square kilometre | +7.4% |
| 2011 | 0.1331 million SLC per square kilometre | +35.6% |
| 2012 | 0.1517 million SLC per square kilometre | +13.9% |
| 2013 | 0.1841 million SLC per square kilometre | +21.4% |
| 2014 | 0.1994 million SLC per square kilometre | +8.3% |
| 2015 | 0.183 million SLC per square kilometre | -8.2% |
| 2016 | 0.1482 million SLC per square kilometre | -19.1% |
| 2017 | 0.1467 million SLC per square kilometre | -1.0% |
| 2018 | 0.1404 million SLC per square kilometre | -4.3% |
| 2019 | 0.1419 million SLC per square kilometre | +1.1% |
| 2020 | 0.1316 million SLC per square kilometre | -7.3% |
| 2021 | 0.1257 million SLC per square kilometre | -4.5% |
| 2022 | 0.1259 million SLC per square kilometre | +0.2% |
| 2023 | 0.1383 million SLC per square kilometre | +9.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.1383 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 14% of the median. (54 countries reporting)
- Azerbaijan's 0.1383 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 12% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0092 million SLC per square kilometre | 0.0029 million SLC per square kilometre | 0.0165 million SLC per square kilometre | 8 |
| 2000s | 0.0588 million SLC per square kilometre | 0.0167 million SLC per square kilometre | 0.0968 million SLC per square kilometre | 10 |
| 2010s | 0.1527 million SLC per square kilometre | 0.0982 million SLC per square kilometre | 0.1994 million SLC per square kilometre | 10 |
| 2020s | 0.1304 million SLC per square kilometre | 0.1257 million SLC per square kilometre | 0.1383 million SLC per square kilometre | 4 |
Countries ranked near Azerbaijan
- 160 Finland 0.1649 million SLC per square kilometre compare
- 161 Turks and Caicos Islands 0.1621 million SLC per square kilometre compare
- 162 Georgia 0.1509 million SLC per square kilometre compare
- 164 Brazil 0.1305 million SLC per square kilometre compare
- 165 Peru 0.1204 million SLC per square kilometre compare
- 166 Kiribati 0.1177 million SLC 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 — value standard local currency, 2015 in Azerbaijan?
- Gross fixed capital formation — value standard local currency, 2015 in Azerbaijan was 0.1383 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Azerbaijan?
- The highest recorded value was 0.1994 million SLC per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Azerbaijan?
- The lowest recorded value was 0.0029 million SLC per square kilometre in 1993.
- How does Azerbaijan rank for gross fixed capital formation — value standard local currency, 2015?
- Azerbaijan ranks 163rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Azerbaijan?
- Over the last ten years it is down 24.9%. 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 — Value Standard Local Currency, 2015 prices, 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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.