Human capital in Azerbaijan
Azerbaijan: Human capital was 70.09 billion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
70.09 billion real chained 2019 US$
Change on year
up 2.4%
World rank
116th
of 151 countries
All-time high
70.09 billion real chained 2019 US$
in 2020
All-time low
46.20 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Human capital in Azerbaijan, 1995–2020
Source: 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. Measured in real chained 2019 US$.
Analysis
Azerbaijan recorded 70.09 billion real chained 2019 US$ for human capital in 2020. That is the highest value across all 26 years on record.
The figure is up 2.4% on the previous year and up 30.8% over ten years.
Over the whole period, human capital in Azerbaijan peaked at 70.09 billion real chained 2019 US$ in 2020 and was at its lowest, 46.20 billion real chained 2019 US$, in 1995.
That places Azerbaijan 116th out of 151 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Azerbaijan, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 46.20 billion real chained 2019 US$ | — |
| 1996 | 46.78 billion real chained 2019 US$ | +1.3% |
| 1997 | 47.09 billion real chained 2019 US$ | +0.7% |
| 1998 | 47.27 billion real chained 2019 US$ | +0.4% |
| 1999 | 47.73 billion real chained 2019 US$ | +1.0% |
| 2000 | 48.26 billion real chained 2019 US$ | +1.1% |
| 2001 | 48.74 billion real chained 2019 US$ | +1.0% |
| 2002 | 49.14 billion real chained 2019 US$ | +0.8% |
| 2003 | 49.87 billion real chained 2019 US$ | +1.5% |
| 2004 | 50.17 billion real chained 2019 US$ | +0.6% |
| 2005 | 51.00 billion real chained 2019 US$ | +1.7% |
| 2006 | 51.49 billion real chained 2019 US$ | +1.0% |
| 2007 | 51.33 billion real chained 2019 US$ | -0.3% |
| 2008 | 51.96 billion real chained 2019 US$ | +1.2% |
| 2009 | 53.02 billion real chained 2019 US$ | +2.0% |
| 2010 | 53.61 billion real chained 2019 US$ | +1.1% |
| 2011 | 55.55 billion real chained 2019 US$ | +3.6% |
| 2012 | 56.91 billion real chained 2019 US$ | +2.4% |
| 2013 | 58.34 billion real chained 2019 US$ | +2.5% |
| 2014 | 60.08 billion real chained 2019 US$ | +3.0% |
| 2015 | 61.64 billion real chained 2019 US$ | +2.6% |
| 2016 | 63.73 billion real chained 2019 US$ | +3.4% |
| 2017 | 65.30 billion real chained 2019 US$ | +2.5% |
| 2018 | 66.88 billion real chained 2019 US$ | +2.4% |
| 2019 | 68.48 billion real chained 2019 US$ | +2.4% |
| 2020 | 70.09 billion real chained 2019 US$ | +2.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 70.09 billion real chained 2019 US$ is below the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 25% of the median. (43 countries reporting)
- Azerbaijan's 70.09 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 11% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.01 billion real chained 2019 US$ | 46.20 billion real chained 2019 US$ | 47.73 billion real chained 2019 US$ | 5 |
| 2000s | 50.50 billion real chained 2019 US$ | 48.26 billion real chained 2019 US$ | 53.02 billion real chained 2019 US$ | 10 |
| 2010s | 61.05 billion real chained 2019 US$ | 53.61 billion real chained 2019 US$ | 68.48 billion real chained 2019 US$ | 10 |
| 2020s | 70.09 billion real chained 2019 US$ | 70.09 billion real chained 2019 US$ | 70.09 billion real chained 2019 US$ | 1 |
Countries ranked near Azerbaijan
- 113 Nicaragua 74.86 billion real chained 2019 US$ compare
- 114 Botswana 70.48 billion real chained 2019 US$ compare
- 115 Papua New Guinea 70.33 billion real chained 2019 US$ compare
- 117 Haiti 69.32 billion real chained 2019 US$ compare
- 118 Armenia 61.26 billion real chained 2019 US$ compare
- 119 Burkina Faso 59.37 billion real chained 2019 US$ compare
More reference data data for Azerbaijan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1322 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.94 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.34 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4434 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1605 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.11 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5787 (2050)
Frequently asked questions
- What is human capital in Azerbaijan?
- Human capital in Azerbaijan was 70.09 billion real chained 2019 US$ in 2020, according to 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.
- What is the highest human capital recorded in Azerbaijan?
- The highest recorded value was 70.09 billion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Azerbaijan?
- The lowest recorded value was 46.20 billion real chained 2019 US$ in 1995.
- How does Azerbaijan rank for human capital?
- Azerbaijan ranks 116th out of 151 countries with data for 2020.
- Is human capital rising or falling in Azerbaijan?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures 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 part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.