Gross Fixed Capital Formation β Value US$, 2015 prices in Azerbaijan, Republic of
Azerbaijan, Republic of: Gross Fixed Capital Formation β Value US$, 2015 prices was 11,712 million USD in 2024. β Volatile
Gross Fixed Capital Formation β Value US$, 2015 prices in Azerbaijan, Republic of, 1991β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Azerbaijan, Republic of recorded 11,712 million USD for gross fixed capital formation β value us$, 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 β value us$, 2015 prices in Azerbaijan, Republic of peaked at 16,087 million USD in 2014 and was at its lowest, 239.1 million USD, in 1993.
Azerbaijan, Republic of ranks 82nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 693.71 million USD | 239.1 million USD | 1,339 million USD | 9 |
| 2000s | 4,745 million USD | 1,347 million USD | 7,804 million USD | 10 |
| 2010s | 12,317 million USD | 7,920 million USD | 16,087 million USD | 10 |
| 2020s | 10,756 million USD | 10,138 million USD | 11,712 million USD | 5 |
Countries ranked near Azerbaijan, Republic of
- 79 Costa Rica 12,708 million USD compare
- 80 Bulgaria 12,037 million USD compare
- 81 Bahrain, Kingdom of 11,963 million USD compare
- 83 Uganda 11,149 million USD compare
- 84 Luxembourg 11,137 million USD compare
- 85 Cambodia 11,116 million USD compare
More economy & growth data for Azerbaijan, Republic of
- External balance on goods and services as a percent of gdp 6.21 (2025)
- Inflation of consumer prices 5.62 (2025)
- Gdp per capita worldbank constant usd 5,936 (2025)
- Manufacturing value added to gdp 5.98 (2025)
- Gdp worldbank constant usd 60.82 billion (2025)
- Gdp per capita in international and market dollars 5,936 (2025)
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 742.14 million current US$ (2025)
- Taxes less subsidies on products 12.40 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation β value us$, 2015 prices in Azerbaijan, Republic of?
- Gross fixed capital formation β value us$, 2015 prices in Azerbaijan, Republic of 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 β value us$, 2015 prices recorded in Azerbaijan, Republic of?
- The highest recorded value was 16,087 million USD in 2014.
- What is the lowest gross fixed capital formation β value us$, 2015 prices recorded in Azerbaijan, Republic of?
- The lowest recorded value was 239.1 million USD in 1993.
- How does Azerbaijan, Republic of rank for gross fixed capital formation β value us$, 2015 prices?
- Azerbaijan, Republic of ranks 82nd out of 200 countries with data for 2024.
- Is gross fixed capital formation β value us$, 2015 prices rising or falling in Azerbaijan, Republic of?
- Over the last ten years it is down 27.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan, Republic of data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation β 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).