Armenia vs Latin America & Caribbean (excluding high income): Gross capital formation
Gross capital formation over time
- Armenia
- Latin America & Caribbean (excluding high income)
How they compare
Armenia currently reports 15.6% against 2.7% in Latin America & Caribbean (excluding high income), a difference of 12.9%.
That makes Armenia's figure about 5.8 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 13 times across 31 shared years of data; in 1995 it was Latin America & Caribbean (excluding high income) ahead.
Armenia ranks 22nd and Latin America & Caribbean (excluding high income) ranks 25th of 169 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Latin America & Caribbean (excluding high income) in 2.
Head to head by decade
| Decade | Armenia | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4% | 1.4% | 0.9% | Latin America & Caribbean (excluding high income) |
| 2000s | 15.1% | 3.1% | 12.0% | Armenia |
| 2010s | -1.2% | 1.5% | 2.7% | Latin America & Caribbean (excluding high income) |
| 2020s | 12.1% | 2.6% | 9.5% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Armenia or Latin America & Caribbean (excluding high income)?
- Armenia, at 15.6% against 2.7% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in gross capital formation between Armenia and Latin America & Caribbean (excluding high income)?
- 12.9%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latin America & Caribbean (excluding high income)?
- 31 years are reported by both, from 1995 to 2025.
- How do Armenia and Latin America & Caribbean (excluding high income) rank globally for gross capital formation?
- Armenia ranks 22nd and Latin America & Caribbean (excluding high income) ranks 25th of 169 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.