Azerbaijan - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Azerbaijan was 23.51 as of 2020. Its highest value over the past 30 years was 57.71 in 2004, while its lowest value was 11.45 in 1991.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 20.26
1991 11.45
1992 21.82
1993 20.95
1994 26.26
1995 15.64
1996 29.11
1997 36.99
1998 35.51
1999 28.51
2000 23.14
2001 22.88
2002 34.08
2003 52.88
2004 57.71
2005 41.31
2006 29.70
2007 21.40
2008 18.58
2009 18.82
2010 18.17
2011 20.18
2012 22.46
2013 25.79
2014 27.43
2015 27.83
2016 25.03
2017 23.82
2018 20.69
2019 21.13
2020 23.51

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts