Gross capital formation (constant LCU), per square kilometre in Armenia
Armenia: Gross capital formation (constant LCU), per square kilometre was 59.13 million constant LCU per square kilometre in 2023. ▲ Rising
Gross capital formation (constant LCU), per square kilometre in Armenia, 1994–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross capital formation (constant lcu), per square kilometre in Armenia is 59.13 million constant LCU per square kilometre, measured in 2023.
Compared with earlier readings it is up 14.7% on the previous year and up 72.3% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Armenia peaked at 76.43 million constant LCU per square kilometre in 2008 and was at its lowest, 13.44 million constant LCU per square kilometre, in 2001.
That places Armenia 22nd out of 166 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross capital formation (constant LCU), per square kilometre in Armenia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1994 | 15.16 million constant LCU per square kilometre | — |
| 1995 | 13.50 million constant LCU per square kilometre | -11.0% |
| 1996 | 13.89 million constant LCU per square kilometre | +2.9% |
| 1997 | 15.98 million constant LCU per square kilometre | +15.1% |
| 1998 | 15.66 million constant LCU per square kilometre | -2.0% |
| 1999 | 15.21 million constant LCU per square kilometre | -2.9% |
| 2000 | 13.58 million constant LCU per square kilometre | -10.7% |
| 2001 | 13.44 million constant LCU per square kilometre | -1.0% |
| 2002 | 18.42 million constant LCU per square kilometre | +37.0% |
| 2003 | 27.49 million constant LCU per square kilometre | +49.3% |
| 2004 | 28.96 million constant LCU per square kilometre | +5.4% |
| 2005 | 36.31 million constant LCU per square kilometre | +25.3% |
| 2006 | 48.12 million constant LCU per square kilometre | +32.5% |
| 2007 | 62.07 million constant LCU per square kilometre | +29.0% |
| 2008 | 76.43 million constant LCU per square kilometre | +23.1% |
| 2009 | 46.87 million constant LCU per square kilometre | -38.7% |
| 2010 | 45.45 million constant LCU per square kilometre | -3.0% |
| 2011 | 41.81 million constant LCU per square kilometre | -8.0% |
| 2012 | 36.99 million constant LCU per square kilometre | -11.5% |
| 2013 | 34.32 million constant LCU per square kilometre | -7.2% |
| 2014 | 34.08 million constant LCU per square kilometre | -0.7% |
| 2015 | 32.99 million constant LCU per square kilometre | -3.2% |
| 2016 | 30.12 million constant LCU per square kilometre | -8.7% |
| 2017 | 33.22 million constant LCU per square kilometre | +10.3% |
| 2018 | 44.69 million constant LCU per square kilometre | +34.5% |
| 2019 | 38.30 million constant LCU per square kilometre | -14.3% |
| 2020 | 38.47 million constant LCU per square kilometre | +0.5% |
| 2021 | 46.36 million constant LCU per square kilometre | +20.5% |
| 2022 | 51.55 million constant LCU per square kilometre | +11.2% |
| 2023 | 59.13 million constant LCU per square kilometre | +14.7% |
Armenia compared with similar countries
- Armenia's 59.13 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 36.5× the median. (46 countries reporting)
- Armenia's 59.13 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 45.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.90 million constant LCU per square kilometre | 13.50 million constant LCU per square kilometre | 15.98 million constant LCU per square kilometre | 6 |
| 2000s | 37.17 million constant LCU per square kilometre | 13.44 million constant LCU per square kilometre | 76.43 million constant LCU per square kilometre | 10 |
| 2010s | 37.20 million constant LCU per square kilometre | 30.12 million constant LCU per square kilometre | 45.45 million constant LCU per square kilometre | 10 |
| 2020s | 48.88 million constant LCU per square kilometre | 38.47 million constant LCU per square kilometre | 59.13 million constant LCU per square kilometre | 4 |
Countries ranked near Armenia
- 19 Iraq 68.58 million constant LCU per square kilometre compare
- 20 Tanzania 64.22 million constant LCU per square kilometre compare
- 21 Chile 63.70 million constant LCU per square kilometre compare
- 23 Maldives 58.99 million constant LCU per square kilometre compare
- 24 Comoros 55.12 million constant LCU per square kilometre compare
- 25 Mauritius 47.61 million constant LCU 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)
- 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 gross capital formation (constant lcu), per square kilometre in Armenia?
- Gross capital formation (constant lcu), per square kilometre in Armenia was 59.13 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Armenia?
- The highest recorded value was 76.43 million constant LCU per square kilometre in 2008.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Armenia?
- The lowest recorded value was 13.44 million constant LCU per square kilometre in 2001.
- How does Armenia rank for gross capital formation (constant lcu), per square kilometre?
- Armenia ranks 22nd out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), 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 LCU), 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 LCU) 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 LCU) ÷ 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 LCU) 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.