Azerbaijan - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Azerbaijan was $9,423,294,000 as of 2018. Over the past 28 years, the value for this indicator has fluctuated between $20,699,730,000 in 2014 and ($34,586,650) in 1992.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $2,350,453,000
1991 $273,116,200
1992 ($34,586,650)
1993 $865,566,700
1994 $507,465,200
1995 $725,851,500
1996 $921,297,300
1997 $1,356,713,000
1998 $1,483,588,000
1999 $1,213,786,000
2000 $1,090,039,000
2001 $1,180,178,000
2002 $2,156,141,000
2003 $3,868,662,000
2004 $5,033,784,000
2005 $5,501,586,000
2006 $6,265,391,000
2007 $7,114,089,000
2008 $9,132,302,000
2009 $8,392,635,000
2010 $9,554,005,000
2011 $13,366,970,000
2012 $15,551,170,000
2013 $19,029,060,000
2014 $20,699,730,000
2015 $14,814,950,000
2016 $9,724,948,000
2017 $9,962,584,000
2018 $9,423,294,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Azerbaijan was 16,019,600,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 17,147,600,000 in 2017 and a minimum value of -33,400 in 1992.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 77,800
1991 16,600
1992 -33,400
1993 6,844,400
1994 57,378,000
1995 507,400,000
1996 792,500,000
1997 1,081,300,000
1998 1,148,000,000
1999 1,000,200,000
2000 975,400,000
2001 1,099,100,000
2002 2,096,200,000
2003 3,799,800,000
2004 4,946,700,000
2005 5,201,200,000
2006 5,597,500,000
2007 6,104,600,000
2008 7,503,100,000
2009 6,746,000,000
2010 7,669,000,000
2011 10,555,900,000
2012 12,217,000,000
2013 14,928,300,000
2014 16,234,800,000
2015 15,179,400,000
2016 15,518,100,000
2017 17,147,600,000
2018 16,019,600,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Azerbaijan was 13,169,370,000 as of 2014. Over the past 21 years, the value for this indicator has fluctuated between 13,169,370,000 in 2014 and 262,360,900 in 1993.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1993 262,360,900
1994 381,997,600
1995 592,478,300
1996 1,252,499,000
1997 1,740,974,000
1998 2,141,398,000
1999 2,670,022,000
2000 2,356,571,000
2001 2,660,695,000
2002 4,992,993,000
2003 8,614,277,000
2004 10,772,260,000
2005 10,632,010,000
2006 10,918,070,000
2007 9,901,963,000
2008 10,060,350,000
2009 9,158,845,000
2010 9,554,005,000
2011 10,630,720,000
2012 10,864,600,000
2013 12,977,470,000
2014 13,169,370,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Azerbaijan was 1.48 as of 2014. As the graph below shows, over the past 20 years this indicator reached a maximum value of 111.40 in 1996 and a minimum value of -11.74 in 2000.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 45.60
1995 55.10
1996 111.40
1997 39.00
1998 23.00
1999 24.69
2000 -11.74
2001 12.91
2002 87.66
2003 72.53
2004 25.05
2005 -1.30
2006 2.69
2007 -9.31
2008 1.60
2009 -8.96
2010 4.31
2011 11.27
2012 2.20
2013 19.45
2014 1.48

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Azerbaijan was 6,442,483,000 as of 2014. As the graph below shows, over the past 21 years this indicator reached a maximum value of 6,442,483,000 in 2014 and a minimum value of 128,347,500 in 1993.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1993 128,347,500
1994 186,874,000
1995 289,841,600
1996 612,725,100
1997 851,687,900
1998 1,047,576,000
1999 1,306,180,000
2000 1,152,839,000
2001 1,301,617,000
2002 2,442,582,000
2003 4,214,122,000
2004 5,269,810,000
2005 5,201,200,000
2006 5,341,140,000
2007 4,844,060,000
2008 4,921,544,000
2009 4,480,526,000
2010 4,673,839,000
2011 5,200,570,000
2012 5,314,982,000
2013 6,348,604,000
2014 6,442,483,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Azerbaijan was 20.08 as of 2018. Its highest value over the past 28 years was 57.99 in 2004, while its lowest value was -0.69 in 1992.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 26.53
1991 3.11
1992 -0.69
1993 21.80
1994 15.31
1995 23.78
1996 29.00
1997 34.24
1998 33.37
1999 26.49
2000 20.67
2001 20.68
2002 34.58
2003 53.17
2004 57.99
2005 41.53
2006 29.86
2007 21.53
2008 18.69
2009 18.95
2010 18.06
2011 20.27
2012 22.32
2013 25.66
2014 27.51
2015 27.91
2016 25.68
2017 24.38
2018 20.08

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts