Gross capital formation in Azerbaijan
Azerbaijan: Gross capital formation was 6.44 billion constant LCU in 2014. ◆ Volatile
Gross capital formation in Azerbaijan, 1993–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Azerbaijan recorded 6.44 billion constant LCU for gross capital formation in 2014. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 22.3% over ten years.
Over the whole period, gross capital formation in Azerbaijan peaked at 6.44 billion constant LCU in 2014 and was at its lowest, 128.35 million constant LCU, in 1993.
Azerbaijan ranks 140th of 169 countries on this measure, in the bottom quarter.
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 | 631.89 million constant LCU | 128.35 million constant LCU | 1.31 billion constant LCU | 7 |
| 2000s | 3.92 billion constant LCU | 1.15 billion constant LCU | 5.34 billion constant LCU | 10 |
| 2010s | 5.60 billion constant LCU | 4.67 billion constant LCU | 6.44 billion constant LCU | 5 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- 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)
- Taxes less subsidies on products 7.29 billion current US$ (2025)
- Net primary income (Net income from abroad) -3.38 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.99 billion current US$ (2025)
- GNI per capita 12,269 current LCU (2025)
- GNI per capita, Atlas method 7,360 current US$ (2025)
- GNI 125.72 billion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Azerbaijan?
- Gross capital formation in Azerbaijan was 6.44 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Azerbaijan?
- The highest recorded value was 6.44 billion constant LCU in 2014.
- What is the lowest gross capital formation recorded in Azerbaijan?
- The lowest recorded value was 128.35 million constant LCU in 1993.
- How does Azerbaijan rank for gross capital formation?
- Azerbaijan ranks 140th out of 169 countries with data for 2014.
- Is gross capital formation rising or falling in Azerbaijan?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.