Gross Fixed Capital Formation in Azerbaijan decreased to 2973.70 AZN Million in the first quarter of 2020 from 5739.30 AZN Million in the fourth quarter of 2019. source: The State Statistical Committee of the Republic of Azerbaijan
Gross Fixed Capital Formation in Azerbaijan averaged 2427.26 AZN Million from 2001 until 2020, reaching an all time high of 5739.30 AZN Million in the fourth quarter of 2019 and a record low of 173 AZN Million in the first quarter of 2001. This page provides the latest reported value for - Azerbaijan Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Gross Fixed Capital Formation - values, historical data and charts - was last updated on December of 2020.
Gross Fixed Capital Formation in Azerbaijan is expected to be 3895.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Azerbaijan to stand at 5900.00 in 12 months time. In the long-term, the Azerbaijan Gross Fixed Capital Formation is projected to trend around 5635.00 AZN Million in 2021 and 5781.00 AZN Million in 2022, according to our econometric models.