Gross Fixed Capital Formation — Value Standard Local Currency, per in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0018 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Azerbaijan, 1991–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Azerbaijan recorded 0.0018 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024.
That represents a change of down 1.4% on the previous year and up 4.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Azerbaijan peaked at 0.0018 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1991.
Azerbaijan ranks 182nd of 194 countries on this measure, 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, per in Azerbaijan, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0 million SLC per person | — |
| 1992 | 0 million SLC per person | +1593.7% |
| 1993 | 0 million SLC per person | +516.2% |
| 1994 | 0 million SLC per person | +1375.4% |
| 1995 | 0 million SLC per person | +235.4% |
| 1996 | 0.0001 million SLC per person | +135.9% |
| 1997 | 0.0001 million SLC per person | +45.5% |
| 1998 | 0.0002 million SLC per person | +3.6% |
| 1999 | 0.0001 million SLC per person | -12.7% |
| 2000 | 0.0001 million SLC per person | +0.6% |
| 2001 | 0.0001 million SLC per person | +10.6% |
| 2002 | 0.0003 million SLC per person | +68.6% |
| 2003 | 0.0005 million SLC per person | +81.5% |
| 2004 | 0.0006 million SLC per person | +29.1% |
| 2005 | 0.0006 million SLC per person | +4.0% |
| 2006 | 0.0007 million SLC per person | +6.5% |
| 2007 | 0.0007 million SLC per person | +7.8% |
| 2008 | 0.0009 million SLC per person | +20.3% |
| 2009 | 0.0007 million SLC per person | -12.0% |
| 2010 | 0.0009 million SLC per person | +13.8% |
| 2011 | 0.0011 million SLC per person | +34.5% |
| 2012 | 0.0013 million SLC per person | +15.4% |
| 2013 | 0.0016 million SLC per person | +20.5% |
| 2014 | 0.0017 million SLC per person | +6.5% |
| 2015 | 0.0016 million SLC per person | -7.6% |
| 2016 | 0.0016 million SLC per person | -1.1% |
| 2017 | 0.0017 million SLC per person | +9.7% |
| 2018 | 0.0017 million SLC per person | -1.9% |
| 2019 | 0.0017 million SLC per person | +3.5% |
| 2020 | 0.0016 million SLC per person | -5.6% |
| 2021 | 0.0015 million SLC per person | -8.5% |
| 2022 | 0.0016 million SLC per person | +6.4% |
| 2023 | 0.0018 million SLC per person | +13.4% |
| 2024 | 0.0018 million SLC per person | -1.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0018 million SLC per person is below the median for upper middle income countries, which is 0.0292 million SLC per person, 6% of the median. (54 countries reporting)
- Azerbaijan's 0.0018 million SLC per person is below the median for Europe & Central Asia, which is 0.0141 million SLC per person, 13% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1992 | +1593.7% | 0 million SLC per person | 0 million SLC per person |
| 1994 | +1375.4% | 0 million SLC per person | 0 million SLC per person |
| 1993 | +516.2% | 0 million SLC per person | 0 million SLC per person |
| 1995 | +235.4% | 0 million SLC per person | 0 million SLC per person |
| 1996 | +135.9% | 0 million SLC per person | 0.0001 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0001 million SLC per person | 0 million SLC per person | 0.0002 million SLC per person | 9 |
| 2000s | 0.0005 million SLC per person | 0.0001 million SLC per person | 0.0009 million SLC per person | 10 |
| 2010s | 0.0015 million SLC per person | 0.0009 million SLC per person | 0.0017 million SLC per person | 10 |
| 2020s | 0.0017 million SLC per person | 0.0015 million SLC per person | 0.0018 million SLC per person | 5 |
Countries ranked near Azerbaijan
- 179 Kuwait 0.0021 million SLC per person compare
- 180 Tunisia 0.002 million SLC per person compare
- 181 Oman 0.002 million SLC per person compare
- 183 Marshall Islands 0.0015 million SLC per person compare
- 184 Cuba 0.0014 million SLC per person compare
- 185 El Salvador 0.0012 million SLC per person 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, per in Azerbaijan?
- Gross fixed capital formation — value standard local currency, per in Azerbaijan was 0.0018 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Azerbaijan?
- The highest recorded value was 0.0018 million SLC per person in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Azerbaijan?
- The lowest recorded value was 0 million SLC per person in 1991.
- How does Azerbaijan rank for gross fixed capital formation — value standard local currency, per?
- Azerbaijan ranks 182nd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Azerbaijan?
- Over the last ten years it is up 4.5%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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 divided by Population, total, 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.