An error occured. Details Hide
You have unsaved pages. Restore Cancel

Azerbaijan - Gross capital formation in constant LCU prices of 2010

8,086,400,000 (LCU) in 2017

In 2017, real gross capital formation for Azerbaijan was 8,086 million LCU. Between 1998 and 2017, real gross capital formation of Azerbaijan grew substantially from 521 million to 8,086 million LCU rising at an increasing annual rate that reached a maximum of 71.13 % in 2007 and then decreased to 4.29 % in 2017.

The description is composed by our digital data assistant.

What is real gross capital formation?

Gross capital formation (also known as 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.

What is Azerbaijan real gross capital formation?

Date Value Change, %
2017 8,086,400,000 4.29 %
2016 7,753,800,000 14.91 %
2015 6,747,600,000 5.03 %
2014 6,424,200,000 7.37 %
2013 5,983,000,000 3.83 %
2012 5,762,300,000 9.24 %
2011 5,274,700,000 14.15 %
2010 4,620,800,000 16.68 %
2009 3,960,100,000 16.14 %
2008 3,409,700,000 24.46 %
2007 2,739,700,000 71.13 %
2006 1,600,900,000

Our Privacy Statement & Cookie Policy

Our website uses cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your personal cookie settings through your internet browser settings.

Privacy Policy