Armenia vs Azerbaijan: Human capital
Human capital over time
- Armenia
- Azerbaijan
How they compare
Azerbaijan currently reports 70.09 billion real chained 2019 US$ against 61.26 billion real chained 2019 US$ in Armenia, a difference of 8.83 billion real chained 2019 US$.
That makes Azerbaijan's figure about 1.1 times Armenia's.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was Armenia ahead.
Armenia ranks 118th and Azerbaijan ranks 116th of 150 countries.
Across the 4 decades both report, Armenia averaged higher in 3 and Azerbaijan in 1.
Head to head by decade
| Decade | Armenia | Azerbaijan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 69.72 billion real chained 2019 US$ | 47.01 billion real chained 2019 US$ | 22.71 billion real chained 2019 US$ | Armenia |
| 2000s | 68.13 billion real chained 2019 US$ | 50.50 billion real chained 2019 US$ | 17.63 billion real chained 2019 US$ | Armenia |
| 2010s | 65.73 billion real chained 2019 US$ | 61.05 billion real chained 2019 US$ | 4.68 billion real chained 2019 US$ | Armenia |
| 2020s | 61.26 billion real chained 2019 US$ | 70.09 billion real chained 2019 US$ | 8.83 billion real chained 2019 US$ | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital, Armenia or Azerbaijan?
- Azerbaijan, at 70.09 billion real chained 2019 US$ against 61.26 billion real chained 2019 US$ in Armenia as of 2020.
- What is the difference in human capital between Armenia and Azerbaijan?
- 8.83 billion real chained 2019 US$, with Azerbaijan ahead.
- How many years of comparable data are there for Armenia and Azerbaijan?
- 26 years are reported by both, from 1995 to 2020.
- How do Armenia and Azerbaijan rank globally for human capital?
- Armenia ranks 118th and Azerbaijan ranks 116th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.