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Azerbaijan - Gross fixed capital formation in % of GDP

16,566,200,000.0 (%) in 2017

In 2017, gross fixed capital formation for Azerbaijan was 16,566 million %. Gross fixed capital formation of Azerbaijan increased from 1,221 million % in 1998 to 16,566 million % in 2017 growing at an average annual rate of 16.82 %.

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What is gross fixed capital formation?

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) realized by the productive activity of institutional units.

What is Azerbaijan gross fixed capital formation?

Date Value Change, %
2017 16,566,200,000.0 9.51 %
2016 15,127,300,000.0 -0.03 %
2015 15,131,400,000.0 -6.53 %
2014 16,187,800,000.0 7.87 %
2013 15,007,400,000.0 22.08 %
2012 12,292,800,000.0 16.98 %
2011 10,508,900,000.0 36.22 %
2010 7,714,500,000.0 15.14 %
2009 6,700,000,000.0 -10.15 %
2008 7,457,000,000.0 22.87 %
2007 6,069,000,000.0 9.00 %
2006 5,567,800,000.0

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