Gross Fixed Capital Formation in Azerbaijan increased to 3513.30 AZN Million in the second quarter of 2019 from 2281 AZN Million in the first quarter of 2019. Azerbaijan Gross Fixed Capital Formation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Gross Fixed Capital Formation in Azerbaijan averaged 2349.80 AZN Million from 2001 until 2019, reaching an all time high of 4980.50 AZN Million in the fourth quarter of 2017 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.
Gross Fixed Capital Formation in Azerbaijan is expected to be 2338.00 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 3612.00 in 12 months time. In the long-term, the Azerbaijan Gross Fixed Capital Formation is projected to trend around 3713.00 AZN Million in 2021 and 3809.00 AZN Million in 2022, according to our econometric models.