Gross Fixed Capital Formation — Value US$, per square kilometre in Azerbaijan
Azerbaijan: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.13 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Azerbaijan, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Azerbaijan stood at 0.13 million USD per square kilometre.
Compared with earlier readings it is up 13.5% on the previous year and down 43.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Azerbaijan peaked at 0.2497 million USD per square kilometre in 2014 and was at its lowest, 0.0058 million USD per square kilometre, in 1995.
Azerbaijan ranks 98th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Azerbaijan, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0139 million USD per square kilometre | — |
| 1993 | 0.0105 million USD per square kilometre | -24.4% |
| 1994 | 0.0108 million USD per square kilometre | +2.9% |
| 1995 | 0.0058 million USD per square kilometre | -46.4% |
| 1996 | 0.0111 million USD per square kilometre | +91.8% |
| 1997 | 0.0176 million USD per square kilometre | +58.5% |
| 1998 | 0.019 million USD per square kilometre | +7.9% |
| 1999 | 0.0158 million USD per square kilometre | -16.9% |
| 2000 | 0.0148 million USD per square kilometre | -6.5% |
| 2001 | 0.0158 million USD per square kilometre | +7.1% |
| 2002 | 0.0257 million USD per square kilometre | +62.7% |
| 2003 | 0.0466 million USD per square kilometre | +81.0% |
| 2004 | 0.0606 million USD per square kilometre | +30.2% |
| 2005 | 0.0662 million USD per square kilometre | +9.2% |
| 2006 | 0.0754 million USD per square kilometre | +13.9% |
| 2007 | 0.0856 million USD per square kilometre | +13.5% |
| 2008 | 0.1098 million USD per square kilometre | +28.3% |
| 2009 | 0.1009 million USD per square kilometre | -8.2% |
| 2010 | 0.1163 million USD per square kilometre | +15.3% |
| 2011 | 0.161 million USD per square kilometre | +38.5% |
| 2012 | 0.1893 million USD per square kilometre | +17.6% |
| 2013 | 0.2314 million USD per square kilometre | +22.3% |
| 2014 | 0.2497 million USD per square kilometre | +7.9% |
| 2015 | 0.1787 million USD per square kilometre | -28.4% |
| 2016 | 0.1147 million USD per square kilometre | -35.8% |
| 2017 | 0.1177 million USD per square kilometre | +2.7% |
| 2018 | 0.118 million USD per square kilometre | +0.2% |
| 2019 | 0.1232 million USD per square kilometre | +4.4% |
| 2020 | 0.1171 million USD per square kilometre | -4.9% |
| 2021 | 0.1076 million USD per square kilometre | -8.1% |
| 2022 | 0.1145 million USD per square kilometre | +6.4% |
| 2023 | 0.13 million USD per square kilometre | +13.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.13 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 1.0× the median. (54 countries reporting)
- Azerbaijan's 0.13 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 40% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0131 million USD per square kilometre | 0.0058 million USD per square kilometre | 0.019 million USD per square kilometre | 8 |
| 2000s | 0.0601 million USD per square kilometre | 0.0148 million USD per square kilometre | 0.1098 million USD per square kilometre | 10 |
| 2010s | 0.16 million USD per square kilometre | 0.1147 million USD per square kilometre | 0.2497 million USD per square kilometre | 10 |
| 2020s | 0.1173 million USD per square kilometre | 0.1076 million USD per square kilometre | 0.13 million USD per square kilometre | 4 |
Countries ranked near Azerbaijan
- 95 Nigeria 0.1456 million USD per square kilometre compare
- 96 Cuba 0.1436 million USD per square kilometre compare
- 97 Saudi Arabia 0.1385 million USD per square kilometre compare
- 99 Bosnia and Herzegovina 0.122 million USD per square kilometre compare
- 100 Samoa 0.1176 million USD per square kilometre compare
- 101 Montenegro 0.1099 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$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Azerbaijan?
- Gross fixed capital formation — value us$, per square kilometre in Azerbaijan was 0.13 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Azerbaijan?
- The highest recorded value was 0.2497 million USD per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Azerbaijan?
- The lowest recorded value was 0.0058 million USD per square kilometre in 1995.
- How does Azerbaijan rank for gross fixed capital formation — value us$, per square kilometre?
- Azerbaijan ranks 98th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Azerbaijan?
- Over the last ten years it is down 43.8%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.