Gross Fixed Capital Formation — Value Standard Local Currency, annual in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value Standard Local Currency, annual was -0.9542 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Azerbaijan, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Azerbaijan stood at -0.9542 % change on previous year.
The figure is down 107.1% on the previous year and down 112.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Azerbaijan peaked at 525.64 % change on previous year in 1993 and was at its lowest, -11.92 % change on previous year, in 1999.
That places Azerbaijan 209th out of 230 countries with data for 2024, 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, annual in Azerbaijan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 525.64 % change on previous year | — |
| 1995 | 239.26 % change on previous year | -54.5% |
| 1996 | 138.27 % change on previous year | -42.2% |
| 1997 | 46.88 % change on previous year | -66.1% |
| 1998 | 4.59 % change on previous year | -90.2% |
| 1999 | -11.92 % change on previous year | -359.5% |
| 2000 | 1.42 % change on previous year | -111.9% |
| 2001 | 11.42 % change on previous year | +702.2% |
| 2002 | 69.87 % change on previous year | +511.9% |
| 2003 | 82.91 % change on previous year | +18.7% |
| 2004 | 30.26 % change on previous year | -63.5% |
| 2005 | 5.08 % change on previous year | -83.2% |
| 2006 | 7.63 % change on previous year | +50.2% |
| 2007 | 9 % change on previous year | +17.9% |
| 2008 | 22.87 % change on previous year | +154.1% |
| 2009 | -10.15 % change on previous year | -144.4% |
| 2010 | 15.14 % change on previous year | -249.2% |
| 2011 | 36.22 % change on previous year | +139.2% |
| 2012 | 16.98 % change on previous year | -53.1% |
| 2013 | 22.08 % change on previous year | +30.1% |
| 2014 | 7.87 % change on previous year | -64.4% |
| 2015 | -6.53 % change on previous year | -183.0% |
| 2016 | -0.0271 % change on previous year | -99.6% |
| 2017 | 10.74 % change on previous year | -39749.8% |
| 2018 | -1.06 % change on previous year | -109.9% |
| 2019 | 4.4 % change on previous year | -514.1% |
| 2020 | -4.93 % change on previous year | -212.0% |
| 2021 | -8.06 % change on previous year | +63.5% |
| 2022 | 6.4 % change on previous year | -179.4% |
| 2023 | 13.51 % change on previous year | +111.1% |
| 2024 | -0.9542 % change on previous year | -107.1% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 2017 | +39749.8% | -0.0271 % change on previous year | 10.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 157.12 % change on previous year | -11.92 % change on previous year | 525.64 % change on previous year | 6 |
| 2000s | 23.03 % change on previous year | -10.15 % change on previous year | 82.91 % change on previous year | 10 |
| 2010s | 10.58 % change on previous year | -6.53 % change on previous year | 36.22 % change on previous year | 10 |
| 2020s | 1.19 % change on previous year | -8.06 % change on previous year | 13.51 % change on previous year | 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)
- 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, annual in Azerbaijan?
- Gross fixed capital formation — value standard local currency, annual in Azerbaijan was -0.9542 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Azerbaijan?
- The highest recorded value was 525.64 % change on previous year in 1993.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Azerbaijan?
- The lowest recorded value was -11.92 % change on previous year in 1999.
- How does Azerbaijan rank for gross fixed capital formation — value standard local currency, annual?
- Azerbaijan ranks 209th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Azerbaijan?
- Over the last ten years it is down 112.1%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.