Gross fixed capital formation in Azerbaijan

Azerbaijan: Gross fixed capital formation was 6.44 billion constant LCU in 2014. ◆ Volatile

Latest (2014)
6.44 billion constant LCU
Change on year
up 1.4%
World rank
142nd
of 167 countries
All-time high
6.44 billion constant LCU
in 2014
All-time low
136.40 million constant LCU
in 1993
Years of data
25
1990–2014

Gross fixed capital formation in Azerbaijan, 1990–2014

02.0B4.0B6.0B1990200220141990: 471.7M constant LCU1991: 372.7M constant LCU1992: 223.6M constant LCU1993: 136.4M constant LCU1994: 257.8M constant LCU1995: 305.7M constant LCU1996: 646.3M constant LCU1997: 898.4M constant LCU1998: 1.1B constant LCU1999: 1.4B constant LCU2000: 1.3B constant LCU2001: 1.4B constant LCU2002: 2.4B constant LCU2003: 4.2B constant LCU2004: 5.2B constant LCU2005: 5.2B constant LCU2006: 5.3B constant LCU2007: 4.8B constant LCU2008: 4.9B constant LCU2009: 4.5B constant LCU2010: 4.6B constant LCU2011: 5.2B constant LCU2012: 5.3B constant LCU2013: 6.4B constant LCU2014: 6.4B constant LCU

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 fixed capital formation in 2014. That is the highest value across all 25 years on record.

That represents a change of up 1.4% on the previous year and up 22.9% over ten years.

Over the whole period, gross fixed capital formation in Azerbaijan peaked at 6.44 billion constant LCU in 2014 and was at its lowest, 136.40 million constant LCU, in 1993.

That places Azerbaijan 142nd out of 167 countries with data for 2014, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 581.73 million constant LCU 136.40 million constant LCU 1.40 billion constant LCU 10
2000s 3.92 billion constant LCU 1.29 billion constant LCU 5.31 billion constant LCU 10
2010s 5.59 billion constant LCU 4.65 billion constant LCU 6.44 billion constant LCU 5

Countries ranked near Azerbaijan

  1. 139 Estonia 7.57 billion constant LCU compare
  2. 140 Zimbabwe 6.61 billion constant LCU compare
  3. 141 Greenland 6.54 billion constant LCU compare
  4. 143 Cyprus 6.00 billion constant LCU compare
  5. 144 Seychelles 5.32 billion constant LCU compare
  6. 145 Brunei 5.17 billion constant LCU compare

See the full ranking of 167 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is gross fixed capital formation in Azerbaijan?
Gross fixed 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 fixed capital formation recorded in Azerbaijan?
The highest recorded value was 6.44 billion constant LCU in 2014.
What is the lowest gross fixed capital formation recorded in Azerbaijan?
The lowest recorded value was 136.40 million constant LCU in 1993.
How does Azerbaijan rank for gross fixed capital formation?
Azerbaijan ranks 142nd out of 167 countries with data for 2014.
Is gross fixed capital formation rising or falling in Azerbaijan?
Over the last ten years it is up 22.9%. 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 fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.