Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.135 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Azerbaijan recorded 0.135 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023.
That represents a change of up 9.8% on the previous year and down 24.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Azerbaijan peaked at 0.1946 million USD per square kilometre in 2014 and was at its lowest, 0.0029 million USD per square kilometre, in 1993.
Azerbaijan ranks 89th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Azerbaijan, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0047 million USD per square kilometre | — |
| 1993 | 0.0029 million USD per square kilometre | -39.0% |
| 1994 | 0.0054 million USD per square kilometre | +89.0% |
| 1995 | 0.0045 million USD per square kilometre | -18.0% |
| 1996 | 0.0094 million USD per square kilometre | +111.4% |
| 1997 | 0.0131 million USD per square kilometre | +39.0% |
| 1998 | 0.0161 million USD per square kilometre | +23.2% |
| 1999 | 0.0159 million USD per square kilometre | -1.5% |
| 2000 | 0.0163 million USD per square kilometre | +2.7% |
| 2001 | 0.0197 million USD per square kilometre | +20.6% |
| 2002 | 0.0315 million USD per square kilometre | +60.0% |
| 2003 | 0.0508 million USD per square kilometre | +61.4% |
| 2004 | 0.0593 million USD per square kilometre | +16.9% |
| 2005 | 0.0628 million USD per square kilometre | +5.8% |
| 2006 | 0.0719 million USD per square kilometre | +14.5% |
| 2007 | 0.0783 million USD per square kilometre | +8.8% |
| 2008 | 0.0945 million USD per square kilometre | +20.7% |
| 2009 | 0.0892 million USD per square kilometre | -5.6% |
| 2010 | 0.0958 million USD per square kilometre | +7.4% |
| 2011 | 0.1299 million USD per square kilometre | +35.6% |
| 2012 | 0.148 million USD per square kilometre | +13.9% |
| 2013 | 0.1797 million USD per square kilometre | +21.4% |
| 2014 | 0.1946 million USD per square kilometre | +8.3% |
| 2015 | 0.1787 million USD per square kilometre | -8.2% |
| 2016 | 0.1446 million USD per square kilometre | -19.1% |
| 2017 | 0.1432 million USD per square kilometre | -1.0% |
| 2018 | 0.137 million USD per square kilometre | -4.3% |
| 2019 | 0.1385 million USD per square kilometre | +1.1% |
| 2020 | 0.1284 million USD per square kilometre | -7.3% |
| 2021 | 0.1227 million USD per square kilometre | -4.5% |
| 2022 | 0.1229 million USD per square kilometre | +0.2% |
| 2023 | 0.135 million USD per square kilometre | +9.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.135 million USD per square kilometre is above the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 1.4× the median. (54 countries reporting)
- Azerbaijan's 0.135 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 49% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.009 million USD per square kilometre | 0.0029 million USD per square kilometre | 0.0161 million USD per square kilometre | 8 |
| 2000s | 0.0574 million USD per square kilometre | 0.0163 million USD per square kilometre | 0.0945 million USD per square kilometre | 10 |
| 2010s | 0.149 million USD per square kilometre | 0.0958 million USD per square kilometre | 0.1946 million USD per square kilometre | 10 |
| 2020s | 0.1272 million USD per square kilometre | 0.1227 million USD per square kilometre | 0.135 million USD per square kilometre | 4 |
Countries ranked near Azerbaijan
- 86 Albania 0.145 million USD per square kilometre compare
- 87 New Caledonia 0.1388 million USD per square kilometre compare
- 88 Rwanda 0.1354 million USD per square kilometre compare
- 90 Guatemala 0.1255 million USD per square kilometre compare
- 91 Armenia 0.1254 million USD per square kilometre compare
- 92 Latvia 0.1251 million USD 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Azerbaijan?
- Gross fixed capital formation — value us$, 2015 prices, per square in Azerbaijan was 0.135 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Azerbaijan?
- The highest recorded value was 0.1946 million USD per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Azerbaijan?
- The lowest recorded value was 0.0029 million USD per square kilometre in 1993.
- How does Azerbaijan rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Azerbaijan ranks 89th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Azerbaijan?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.