Gross Fixed Capital Formation in Azerbaijan increased to 4974 AZN Million in the third quarter of 2020 from 3232.50 AZN Million in the second quarter of 2020. source: The State Statistical Committee of the Republic of Azerbaijan
Gross Fixed Capital Formation in Azerbaijan averaged 2469.69 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 March of 2021.
Gross Fixed Capital Formation in Azerbaijan is expected to be 5481.00 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 3629.49 in 12 months time. In the long-term, the Azerbaijan Gross Fixed Capital Formation is projected to trend around 5656.00 AZN Million in 2022 and 5747.00 AZN Million in 2023, according to our econometric models.