Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Azerbaijan
Azerbaijan: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 11,999 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Azerbaijan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Azerbaijan stood at 11,999 million SLC.
The figure is up 5.0% on the previous year and down 27.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Azerbaijan peaked at 16,482 million SLC in 2014 and was at its lowest, 244.97 million SLC, in 1993.
Azerbaijan ranks 151st of 222 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: Value Standard … 2015 Standard Local Currency in Azerbaijan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 272.21 million SLC | — |
| 1992 | 401.65 million SLC | +47.6% |
| 1993 | 244.97 million SLC | -39.0% |
| 1994 | 462.99 million SLC | +89.0% |
| 1995 | 379.65 million SLC | -18.0% |
| 1996 | 802.59 million SLC | +111.4% |
| 1997 | 1,116 million SLC | +39.0% |
| 1998 | 1,372 million SLC | +23.0% |
| 1999 | 1,345 million SLC | -2.0% |
| 2000 | 1,380 million SLC | +2.6% |
| 2001 | 1,664 million SLC | +20.6% |
| 2002 | 2,662 million SLC | +60.0% |
| 2003 | 4,300 million SLC | +61.5% |
| 2004 | 5,026 million SLC | +16.9% |
| 2005 | 5,318 million SLC | +5.8% |
| 2006 | 6,089 million SLC | +14.5% |
| 2007 | 6,625 million SLC | +8.8% |
| 2008 | 7,996 million SLC | +20.7% |
| 2009 | 7,552 million SLC | -5.6% |
| 2010 | 8,114 million SLC | +7.5% |
| 2011 | 11,003 million SLC | +35.6% |
| 2012 | 12,536 million SLC | +13.9% |
| 2013 | 15,218 million SLC | +21.4% |
| 2014 | 16,482 million SLC | +8.3% |
| 2015 | 15,131 million SLC | -8.2% |
| 2016 | 12,249 million SLC | -19.0% |
| 2017 | 12,126 million SLC | -1.0% |
| 2018 | 11,605 million SLC | -4.3% |
| 2019 | 11,733 million SLC | +1.1% |
| 2020 | 10,876 million SLC | -7.3% |
| 2021 | 10,387 million SLC | -4.5% |
| 2022 | 10,409 million SLC | +0.2% |
| 2023 | 11,429 million SLC | +9.8% |
| 2024 | 11,999 million SLC | +5.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 11,999 million SLC is below the median for upper middle income countries, which is 139,182 million SLC, 9% of the median. (54 countries reporting)
- Azerbaijan's 11,999 million SLC is below the median for Europe & Central Asia, which is 93,351 million SLC, 13% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 710.75 million SLC | 244.97 million SLC | 1,372 million SLC | 9 |
| 2000s | 4,861 million SLC | 1,380 million SLC | 7,996 million SLC | 10 |
| 2010s | 12,620 million SLC | 8,114 million SLC | 16,482 million SLC | 10 |
| 2020s | 11,020 million SLC | 10,387 million SLC | 11,999 million SLC | 5 |
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 — value standard local currency, 2015 in Azerbaijan?
- Gross fixed capital formation — value standard local currency, 2015 in Azerbaijan was 11,999 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Azerbaijan?
- The highest recorded value was 16,482 million SLC in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Azerbaijan?
- The lowest recorded value was 244.97 million SLC in 1993.
- How does Azerbaijan rank for gross fixed capital formation — value standard local currency, 2015?
- Azerbaijan ranks 151st out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Azerbaijan?
- Over the last ten years it is down 27.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).