Gross capital formation (constant 2015 US$), per square kilometre in Armenia
Armenia: Gross capital formation (constant 2015 US$), per square kilometre was 137,717 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross capital formation (constant 2015 US$), per square kilometre in Armenia, 1994–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), per square kilometre in Armenia is 137,717 constant 2015 US$ per square kilometre, measured in 2023.
The figure is up 14.7% on the previous year and up 72.3% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Armenia peaked at 178,013 constant 2015 US$ per square kilometre in 2008 and was at its lowest, 31,312 constant 2015 US$ per square kilometre, in 2001.
Armenia ranks 69th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross capital formation (constant 2015 US$), per square kilometre in Armenia, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1994 | 35,307 constant 2015 US$ per square kilometre | — |
| 1995 | 31,437 constant 2015 US$ per square kilometre | -11.0% |
| 1996 | 32,350 constant 2015 US$ per square kilometre | +2.9% |
| 1997 | 37,222 constant 2015 US$ per square kilometre | +15.1% |
| 1998 | 36,471 constant 2015 US$ per square kilometre | -2.0% |
| 1999 | 35,419 constant 2015 US$ per square kilometre | -2.9% |
| 2000 | 31,632 constant 2015 US$ per square kilometre | -10.7% |
| 2001 | 31,312 constant 2015 US$ per square kilometre | -1.0% |
| 2002 | 42,905 constant 2015 US$ per square kilometre | +37.0% |
| 2003 | 64,036 constant 2015 US$ per square kilometre | +49.3% |
| 2004 | 67,464 constant 2015 US$ per square kilometre | +5.4% |
| 2005 | 84,560 constant 2015 US$ per square kilometre | +25.3% |
| 2006 | 112,079 constant 2015 US$ per square kilometre | +32.5% |
| 2007 | 144,563 constant 2015 US$ per square kilometre | +29.0% |
| 2008 | 178,013 constant 2015 US$ per square kilometre | +23.1% |
| 2009 | 109,166 constant 2015 US$ per square kilometre | -38.7% |
| 2010 | 105,852 constant 2015 US$ per square kilometre | -3.0% |
| 2011 | 97,371 constant 2015 US$ per square kilometre | -8.0% |
| 2012 | 86,147 constant 2015 US$ per square kilometre | -11.5% |
| 2013 | 79,944 constant 2015 US$ per square kilometre | -7.2% |
| 2014 | 79,385 constant 2015 US$ per square kilometre | -0.7% |
| 2015 | 76,844 constant 2015 US$ per square kilometre | -3.2% |
| 2016 | 70,159 constant 2015 US$ per square kilometre | -8.7% |
| 2017 | 77,385 constant 2015 US$ per square kilometre | +10.3% |
| 2018 | 104,083 constant 2015 US$ per square kilometre | +34.5% |
| 2019 | 89,200 constant 2015 US$ per square kilometre | -14.3% |
| 2020 | 89,612 constant 2015 US$ per square kilometre | +0.5% |
| 2021 | 107,983 constant 2015 US$ per square kilometre | +20.5% |
| 2022 | 120,072 constant 2015 US$ per square kilometre | +11.2% |
| 2023 | 137,717 constant 2015 US$ per square kilometre | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34,701 constant 2015 US$ per square kilometre | 31,437 constant 2015 US$ per square kilometre | 37,222 constant 2015 US$ per square kilometre | 6 |
| 2000s | 86,573 constant 2015 US$ per square kilometre | 31,312 constant 2015 US$ per square kilometre | 178,013 constant 2015 US$ per square kilometre | 10 |
| 2010s | 86,637 constant 2015 US$ per square kilometre | 70,159 constant 2015 US$ per square kilometre | 105,852 constant 2015 US$ per square kilometre | 10 |
| 2020s | 113,846 constant 2015 US$ per square kilometre | 89,612 constant 2015 US$ per square kilometre | 137,717 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Armenia
- 66 Mexico 156,944 constant 2015 US$ per square kilometre compare
- 67 Latvia 146,211 constant 2015 US$ per square kilometre compare
- 68 Albania 144,032 constant 2015 US$ per square kilometre compare
- 70 Cape Verde 129,497 constant 2015 US$ per square kilometre compare
- 71 Samoa 129,076 constant 2015 US$ per square kilometre compare
- 72 Guatemala 126,957 constant 2015 US$ per square kilometre compare
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)
- Gross capital formation (constant 2015 US$), annual growth rate 15.6 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1709 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,619 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate -20.99 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5361 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 5,079 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate -22.14 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 207.46 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per square kilometre in Armenia?
- Gross capital formation (constant 2015 us$), per square kilometre in Armenia was 137,717 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Armenia?
- The highest recorded value was 178,013 constant 2015 US$ per square kilometre in 2008.
- What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Armenia?
- The lowest recorded value was 31,312 constant 2015 US$ per square kilometre in 2001.
- How does Armenia rank for gross capital formation (constant 2015 us$), per square kilometre?
- Armenia ranks 69th out of 160 countries with data for 2023.
- Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Armenia?
- Over the last ten years it is up 72.3%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant 2015 US$) 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.
Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) 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.