Adjusted savings: consumption of fixed capital in Armenia

Armenia: Adjusted savings: consumption of fixed capital was 12.9% in 2021. ▼ Falling

Latest (2021)
12.9%
Change on year
up 1.0%
World rank
95th
of 204 countries
All-time high
19.9%
in 1992
All-time low
11.2%
in 2008
Years of data
32
1990–2021

Adjusted savings: consumption of fixed capital in Armenia, 1990–2021

051015201990200520211990: 15.7 % of GNI1991: 15 % of GNI1992: 19.9 % of GNI1993: 15.1 % of GNI1994: 14.8 % of GNI1995: 13.9 % of GNI1996: 14.6 % of GNI1997: 14.9 % of GNI1998: 14.6 % of GNI1999: 15 % of GNI2000: 15.4 % of GNI2001: 15.2 % of GNI2002: 15.7 % of GNI2003: 14.9 % of GNI2004: 14 % of GNI2005: 13.4 % of GNI2006: 12.4 % of GNI2007: 12.2 % of GNI2008: 11.2 % of GNI2009: 11.7 % of GNI2010: 12 % of GNI2011: 11.6 % of GNI2012: 12.2 % of GNI2013: 12 % of GNI2014: 12.2 % of GNI2015: 13.3 % of GNI2016: 13.6 % of GNI2017: 13 % of GNI2018: 12.8 % of GNI2019: 12.5 % of GNI2020: 12.8 % of GNI2021: 12.9 % of GNI

Source: Staff estimates, World Bank (WB). Measured in % of GNI.

Analysis

Armenia recorded 12.9% for adjusted savings: consumption of fixed capital in 2021.

The figure is up 1.0% on the previous year and up 11.4% over ten years.

Over the whole period, adjusted savings: consumption of fixed capital in Armenia peaked at 19.9% in 1992 and was at its lowest, 11.2%, in 2008.

That places Armenia 95th out of 204 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 32 years of available data.

Adjusted savings: consumption of fixed capital in Armenia, year by year

Annual values for Adjusted savings: consumption of fixed capital (% of GNI) in Armenia, 1990 to 2021.
Year % of GNI Change
1990 15.7%
1991 15.0% -4.7%
1992 19.9% +32.9%
1993 15.1% -24.1%
1994 14.8% -2.1%
1995 13.9% -5.9%
1996 14.6% +4.6%
1997 14.9% +2.1%
1998 14.6% -2.2%
1999 15.0% +2.8%
2000 15.4% +3.2%
2001 15.2% -1.7%
2002 15.7% +3.3%
2003 14.9% -5.0%
2004 14.0% -6.1%
2005 13.4% -3.8%
2006 12.4% -7.4%
2007 12.2% -2.1%
2008 11.2% -8.2%
2009 11.7% +4.7%
2010 12.0% +2.5%
2011 11.6% -3.2%
2012 12.2% +4.6%
2013 12.0% -1.2%
2014 12.2% +1.3%
2015 13.3% +9.2%
2016 13.6% +2.3%
2017 13.0% -4.4%
2018 12.8% -1.2%
2019 12.5% -2.6%
2020 12.8% +2.5%
2021 12.9% +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.3% 13.9% 19.9% 10
2000s 13.6% 11.2% 15.7% 10
2010s 12.5% 11.6% 13.6% 10
2020s 12.9% 12.8% 12.9% 2

Countries ranked near Armenia

  1. 92 South Africa 13.0% compare
  2. 93 Kosovo 13.0% compare
  3. 93 Kosovo (UNSCR 1244) 13.0% compare
  4. 96 Timor-Leste 12.8% compare
  5. 97 Namibia 12.7% compare
  6. 98 Cuba 12.6% compare

See the full ranking of 251 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is adjusted savings: consumption of fixed capital in Armenia?
Adjusted savings: consumption of fixed capital in Armenia was 12.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: consumption of fixed capital recorded in Armenia?
The highest recorded value was 19.9% in 1992.
What is the lowest adjusted savings: consumption of fixed capital recorded in Armenia?
The lowest recorded value was 11.2% in 2008.
How does Armenia rank for adjusted savings: consumption of fixed capital?
Armenia ranks 95th out of 204 countries with data for 2021.
Is adjusted savings: consumption of fixed capital rising or falling in Armenia?
Over the last ten years it is up 11.4%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.

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Adjusted savings: consumption of fixed capital in Armenia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 12 September 2026, from https://economy.statizoid.com/stat/adjusted-savings-consumption-of-fixed-capital-percent-of-gni/armenia/

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About this data

Indicator
Adjusted savings: consumption of fixed capital (% of GNI)
Unit
% of GNI
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,849 data points, 1970–2021
Last refreshed

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.