Armenia vs North Macedonia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square

Armenia
0.1254 million USD per square kilometre
in 2023
North Macedonia
0.1149 million USD per square kilometre
in 2023
Armenia rank
91st
North Macedonia rank
94th

Gross Fixed Capital Formation — Value US$, 2015 prices, per square over time

  • Armenia
  • North Macedonia
00.0250.050.0750.10.125199220072023

How they compare

Armenia currently reports 0.1254 million USD per square kilometre against 0.1149 million USD per square kilometre in North Macedonia, a difference of 0.0105 million USD 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 91st and North Macedonia ranks 94th of 194 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 0.0197 million USD per square kilometre 0.0467 million USD per square kilometre 0.027 million USD per square kilometre North Macedonia
2000s 0.0716 million USD per square kilometre 0.0528 million USD per square kilometre 0.0187 million USD per square kilometre Armenia
2010s 0.0789 million USD per square kilometre 0.0904 million USD per square kilometre 0.0116 million USD per square kilometre North Macedonia
2020s 0.105 million USD per square kilometre 0.1074 million USD per square kilometre 0.0023 million USD per square kilometre North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, per square, Armenia or North Macedonia?
Armenia, at 0.1254 million USD per square kilometre against 0.1149 million USD per square kilometre in North Macedonia as of 2023.
What is the difference in gross fixed capital formation — value us$, 2015 prices, per square between Armenia and North Macedonia?
0.0105 million USD 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 fixed capital formation — value us$, 2015 prices, per square?
Armenia ranks 91st and North Macedonia ranks 94th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, 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 Fixed Capital Formation — Value US$, 2015 prices, per square. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/north-macedonia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/north-macedonia/">Armenia vs North Macedonia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre
Unit
million USD per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 9,641 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value US$, 2015 prices 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.