In 2022, real gross fixed capital formation for Azerbaijan was 10,695 million US dollars. Real gross fixed capital formation of Azerbaijan increased from 4,198 million US dollars in 2003 to 10,695 million US dollars in 2022 growing at an average annual rate of 5.79%.
The description is composed by our digital data assistant.Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.
| Date | Value | Change, % |
|---|---|---|
| 2022 | 10,695,197,643 | 5.50% |
| 2021 | 10,137,647,793 | -4.50% |
| 2020 | 10,615,344,423 | -7.30% |
| 2019 | 11,451,278,559 | 1.10% |
| 2018 | 11,326,696,718 | -4.30% |
| 2017 | 11,835,660,129 | -1.00% |
| 2016 | 11,955,233,806 | -19.05% |
| 2015 | 14,768,626,147 | -8.24% |
| 2014 | 16,094,976,797 | 8.31% |
| 2013 | 14,859,750,277 | 21.39% |
| 2012 | 12,241,108,273 | 13.93% |
| 2011 | 10,744,402,540 |