Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 11,712 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Azerbaijan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Azerbaijan recorded 11,712 million USD for gross fixed capital formation — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 5.0% on the previous year and down 27.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Azerbaijan peaked at 16,087 million USD in 2014 and was at its lowest, 239.1 million USD, in 1993.
Azerbaijan ranks 95th of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Azerbaijan, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 265.68 million USD | — |
| 1992 | 392.02 million USD | +47.6% |
| 1993 | 239.1 million USD | -39.0% |
| 1994 | 451.89 million USD | +89.0% |
| 1995 | 370.55 million USD | -18.0% |
| 1996 | 783.34 million USD | +111.4% |
| 1997 | 1,089 million USD | +39.0% |
| 1998 | 1,339 million USD | +23.0% |
| 1999 | 1,313 million USD | -2.0% |
| 2000 | 1,347 million USD | +2.6% |
| 2001 | 1,624 million USD | +20.6% |
| 2002 | 2,599 million USD | +60.0% |
| 2003 | 4,197 million USD | +61.5% |
| 2004 | 4,906 million USD | +16.9% |
| 2005 | 5,190 million USD | +5.8% |
| 2006 | 5,943 million USD | +14.5% |
| 2007 | 6,466 million USD | +8.8% |
| 2008 | 7,804 million USD | +20.7% |
| 2009 | 7,371 million USD | -5.6% |
| 2010 | 7,920 million USD | +7.5% |
| 2011 | 10,739 million USD | +35.6% |
| 2012 | 12,235 million USD | +13.9% |
| 2013 | 14,853 million USD | +21.4% |
| 2014 | 16,087 million USD | +8.3% |
| 2015 | 14,769 million USD | -8.2% |
| 2016 | 11,955 million USD | -19.0% |
| 2017 | 11,836 million USD | -1.0% |
| 2018 | 11,327 million USD | -4.3% |
| 2019 | 11,451 million USD | +1.1% |
| 2020 | 10,615 million USD | -7.3% |
| 2021 | 10,138 million USD | -4.5% |
| 2022 | 10,159 million USD | +0.2% |
| 2023 | 11,155 million USD | +9.8% |
| 2024 | 11,712 million USD | +5.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 11,712 million USD is above the median for upper middle income countries, which is 7,886 million USD, 1.5× the median. (54 countries reporting)
- Azerbaijan's 11,712 million USD is below the median for Europe & Central Asia, which is 18,064 million USD, 65% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 693.71 million USD | 239.1 million USD | 1,339 million USD | 9 |
| 2000s | 4,745 million USD | 1,347 million USD | 7,804 million USD | 10 |
| 2010s | 12,317 million USD | 7,920 million USD | 16,087 million USD | 10 |
| 2020s | 10,756 million USD | 10,138 million USD | 11,712 million USD | 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 us$, 2015 prices in Azerbaijan?
- Gross fixed capital formation — value us$, 2015 prices in Azerbaijan was 11,712 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Azerbaijan?
- The highest recorded value was 16,087 million USD in 2014.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Azerbaijan?
- The lowest recorded value was 239.1 million USD in 1993.
- How does Azerbaijan rank for gross fixed capital formation — value us$, 2015 prices?
- Azerbaijan ranks 95th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).