Gross fixed capital formation in Azerbaijan

Azerbaijan: Gross fixed capital formation was 21.03 billion current LCU in 2025. ◆ Volatile

Latest (2025)
21.03 billion current LCU
Change on year
down 5.6%
World rank
139th
of 180 countries
All-time high
22.28 billion current LCU
in 2024
All-time low
59,400 current LCU
in 1990
Years of data
36
1990–2025

Gross fixed capital formation in Azerbaijan, 1990–2025

05.0B10.0B15.0B20.0B1990200720251990: 59.4k current LCU1991: 61.2k current LCU1992: 1.1M current LCU1993: 6.6M current LCU1994: 98.4M current LCU1995: 333.8M current LCU1996: 795.4M current LCU1997: 1.2B current LCU1998: 1.2B current LCU1999: 1.1B current LCU2000: 1.1B current LCU2001: 1.2B current LCU2002: 2.1B current LCU2003: 3.8B current LCU2004: 4.9B current LCU2005: 5.2B current LCU2006: 5.6B current LCU2007: 6.1B current LCU2008: 7.5B current LCU2009: 6.7B current LCU2010: 7.7B current LCU2011: 10.5B current LCU2012: 12.3B current LCU2013: 15.0B current LCU2014: 16.2B current LCU2015: 15.1B current LCU2016: 15.1B current LCU2017: 16.8B current LCU2018: 16.6B current LCU2019: 17.3B current LCU2020: 16.5B current LCU2021: 15.1B current LCU2022: 16.1B current LCU2023: 21.4B current LCU2024: 22.3B current LCU2025: 21.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for gross fixed capital formation in Azerbaijan is 21.03 billion current LCU, measured in 2025.

Compared with earlier readings it is down 5.6% on the previous year and up 39.0% over ten years.

Over the whole period, gross fixed capital formation in Azerbaijan peaked at 22.28 billion current LCU in 2024 and was at its lowest, 59,400 current LCU, in 1990.

Azerbaijan ranks 139th of 180 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

DecadeAverage LowestHighest Years
1990s 470.18 million current LCU 59,400 current LCU 1.22 billion current LCU 10
2000s 4.40 billion current LCU 1.09 billion current LCU 7.46 billion current LCU 10
2010s 14.26 billion current LCU 7.71 billion current LCU 17.30 billion current LCU 10
2020s 18.73 billion current LCU 15.12 billion current LCU 22.28 billion current LCU 6

Countries ranked near Azerbaijan

  1. 136 Tunisia 24.30 billion current LCU compare
  2. 137 Croatia 23.93 billion current LCU compare
  3. 138 Bulgaria 23.36 billion current LCU compare
  4. 140 Georgia 19.89 billion current LCU compare
  5. 141 Lithuania 19.33 billion current LCU compare
  6. 142 Puerto Rico 17.97 billion current LCU compare

See the full ranking of 180 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 21.03 billion current LCU in 2025, 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 22.28 billion current LCU in 2024.
What is the lowest gross fixed capital formation recorded in Azerbaijan?
The lowest recorded value was 59,400 current LCU in 1990.
How does Azerbaijan rank for gross fixed capital formation?
Azerbaijan ranks 139th out of 180 countries with data for 2025.
Is gross fixed capital formation rising or falling in Azerbaijan?
Over the last ten years it is up 39.0%. 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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.