Armenia vs North Macedonia: Gross capital formation (current US$), per square kilometre

Armenia
196,762 current US$ per square kilometre
in 2023
North Macedonia
186,262 current US$ per square kilometre
in 2023
Armenia rank
76th
North Macedonia rank
78th

Gross capital formation (current US$), per square kilometre over time

  • Armenia
  • North Macedonia
050.0k100.0k150.0k200.0k199220072023

How they compare

Armenia currently reports 196,762 current US$ per square kilometre against 186,262 current US$ per square kilometre in North Macedonia, a difference of 10,500 current US$ per square kilometre.

That makes Armenia's figure about 1.1 times North Macedonia's.

The two have swapped places 3 times across 32 shared years of data; in 1992 it was North Macedonia ahead.

Armenia ranks 76th and North Macedonia ranks 78th of 184 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and North Macedonia in 3.

Head to head by decade

Decade Armenia North Macedonia Difference Ahead
1990s 10,290 current US$ per square kilometre 26,574 current US$ per square kilometre 16,284 current US$ per square kilometre North Macedonia
2000s 73,855 current US$ per square kilometre 56,323 current US$ per square kilometre 17,532 current US$ per square kilometre Armenia
2010s 90,482 current US$ per square kilometre 131,252 current US$ per square kilometre 40,770 current US$ per square kilometre North Macedonia
2020s 137,990 current US$ per square kilometre 177,683 current US$ per square kilometre 39,693 current US$ per square kilometre North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), per square kilometre, Armenia or North Macedonia?
Armenia, at 196,762 current US$ per square kilometre against 186,262 current US$ per square kilometre in North Macedonia as of 2023.
What is the difference in gross capital formation (current us$), per square kilometre between Armenia and North Macedonia?
10,500 current US$ per square kilometre, with Armenia ahead.
How many years of comparable data are there for Armenia and North Macedonia?
32 years are reported by both, from 1992 to 2023.
How do Armenia and North Macedonia rank globally for gross capital formation (current us$), per square kilometre?
Armenia ranks 76th and North Macedonia ranks 78th of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs North Macedonia: Gross capital formation (current US$), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-per-square-kilometre/armenia/north-macedonia/

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About this data

Indicator
Gross capital formation (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

Gross capital formation (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.