Armenia vs Western Europe: Annual growth of the gross capital formation
Armenia
11.3%
in 2024
Western Europe
-2.8%
in 2024
Armenia rank
28th
Western Europe rank
29th
Annual growth of the gross capital formation over time
- Armenia
- Western Europe
How they compare
Armenia currently reports 11.3% against -2.8% in Western Europe, a difference of 14.1%.
That makes Armenia's figure about 4.0 times Western Europe's.
The two have swapped places 5 times across 25 shared years of data; in 2000 it was Western Europe ahead.
Armenia ranks 28th and Western Europe ranks 29th of 174 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Western Europe in 1.
Head to head by decade
| Decade | Armenia | Western Europe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.1% | 0.1% | 15.0% | Armenia |
| 2010s | -1.2% | 2.7% | 3.9% | Western Europe |
| 2020s | 11.6% | -0.5% | 12.1% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual growth of the gross capital formation, Armenia or Western Europe?
- Armenia, at 11.3% against -2.8% in Western Europe as of 2024.
- What is the difference in annual growth of the gross capital formation between Armenia and Western Europe?
- 14.1%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Western Europe?
- 25 years are reported by both, from 2000 to 2024.
- How do Armenia and Western Europe rank globally for annual growth of the gross capital formation?
- Armenia ranks 28th and Western Europe ranks 29th of 174 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Annual growth of the gross capital formation (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.