Annual growth of the gross capital formation in Armenia
Armenia: Annual growth of the gross capital formation was 11.3% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Armenia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the gross capital formation in Armenia is 11.3%, measured in 2024.
That represents a change of down 19.3% on the previous year and up 1,714.3% over ten years.
Over the whole period, annual growth of the gross capital formation in Armenia peaked at 49.3% in 2003 and was at its lowest, -38.7%, in 2009.
That places Armenia 28th out of 174 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -10.7% | — |
| 2001 | -1.0% | -90.5% |
| 2002 | 37.0% | -3751.2% |
| 2003 | 49.3% | +33.0% |
| 2004 | 5.4% | -89.1% |
| 2005 | 25.3% | +373.5% |
| 2006 | 32.5% | +28.4% |
| 2007 | 29.0% | -10.9% |
| 2008 | 23.1% | -20.2% |
| 2009 | -38.7% | -267.1% |
| 2010 | -3.0% | -92.2% |
| 2011 | -8.0% | +164.0% |
| 2012 | -11.5% | +43.9% |
| 2013 | -7.2% | -37.5% |
| 2014 | -0.7% | -90.3% |
| 2015 | -3.2% | +357.1% |
| 2016 | -8.7% | +171.9% |
| 2017 | 10.3% | -218.4% |
| 2018 | 34.5% | +235.0% |
| 2019 | -14.3% | -141.4% |
| 2020 | -0.5% | -96.5% |
| 2021 | 21.5% | -4400.0% |
| 2022 | 11.8% | -45.1% |
| 2023 | 14.0% | +18.6% |
| 2024 | 11.3% | -19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.1% | -38.7% | 49.3% | 10 |
| 2010s | -1.2% | -14.3% | 34.5% | 10 |
| 2020s | 11.6% | -0.5% | 21.5% | 5 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Armenia?
- Annual growth of the gross capital formation in Armenia was 11.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Armenia?
- The highest recorded value was 49.3% in 2003.
- What is the lowest annual growth of the gross capital formation recorded in Armenia?
- The lowest recorded value was -38.7% in 2009.
- How does Armenia rank for annual growth of the gross capital formation?
- Armenia ranks 28th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Armenia?
- Over the last ten years it is up 1,714.3%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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