Gross capital formation (current LCU), per square kilometre in Armenia

Armenia: Gross capital formation (current LCU), per square kilometre was 77.23 million current LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
77.23 million current LCU per square kilometre
Change on year
up 15.1%
World rank
27th
of 184 countries
All-time high
77.23 million current LCU per square kilometre
in 2023
All-time low
177.73 current LCU per square kilometre
in 1992
Years of data
32
1992–2023

Gross capital formation (current LCU), per square kilometre in Armenia, 1992–2023

020.0M40.0M60.0M80.0M1992200720231992: 177.7 current LCU per square kilometre1993: 14.6k current LCU per square kilometre1994: 1.8M current LCU per square kilometre1995: 3.8M current LCU per square kilometre1996: 4.9M current LCU per square kilometre1997: 6.6M current LCU per square kilometre1998: 7.6M current LCU per square kilometre1999: 7.2M current LCU per square kilometre2000: 7.9M current LCU per square kilometre2001: 9.5M current LCU per square kilometre2002: 12.2M current LCU per square kilometre2003: 16.2M current LCU per square kilometre2004: 19.5M current LCU per square kilometre2005: 28.2M current LCU per square kilometre2006: 39.4M current LCU per square kilometre2007: 49.1M current LCU per square kilometre2008: 60.1M current LCU per square kilometre2009: 45.4M current LCU per square kilometre2010: 47.2M current LCU per square kilometre2011: 42.4M current LCU per square kilometre2012: 37.0M current LCU per square kilometre2013: 35.4M current LCU per square kilometre2014: 36.1M current LCU per square kilometre2015: 36.7M current LCU per square kilometre2016: 32.1M current LCU per square kilometre2017: 36.0M current LCU per square kilometre2018: 47.3M current LCU per square kilometre2019: 40.0M current LCU per square kilometre2020: 43.1M current LCU per square kilometre2021: 56.9M current LCU per square kilometre2022: 67.1M current LCU per square kilometre2023: 77.2M current LCU per square kilometre

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

The most recent figure for gross capital formation (current lcu), per square kilometre in Armenia is 77.23 million current LCU per square kilometre, measured in 2023. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 15.1% on the previous year and up 117.9% over ten years.

Over the whole period, gross capital formation (current lcu), per square kilometre in Armenia peaked at 77.23 million current LCU per square kilometre in 2023 and was at its lowest, 177.73 current LCU per square kilometre, in 1992.

Armenia ranks 27th of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (current LCU), per square kilometre in Armenia, year by year

Annual values for Gross capital formation (current LCU), per square kilometre in Armenia, 1992 to 2023.
Year current LCU per square kilometre Change
1992 177.73 current LCU per square kilometre
1993 14,628 current LCU per square kilometre +8130.2%
1994 1.84 million current LCU per square kilometre +12451.3%
1995 3.82 million current LCU per square kilometre +107.9%
1996 4.90 million current LCU per square kilometre +28.4%
1997 6.57 million current LCU per square kilometre +34.2%
1998 7.61 million current LCU per square kilometre +15.8%
1999 7.20 million current LCU per square kilometre -5.4%
2000 7.94 million current LCU per square kilometre +10.2%
2001 9.46 million current LCU per square kilometre +19.1%
2002 12.16 million current LCU per square kilometre +28.6%
2003 16.18 million current LCU per square kilometre +33.0%
2004 19.52 million current LCU per square kilometre +20.6%
2005 28.18 million current LCU per square kilometre +44.4%
2006 39.40 million current LCU per square kilometre +39.8%
2007 49.06 million current LCU per square kilometre +24.5%
2008 60.09 million current LCU per square kilometre +22.5%
2009 45.40 million current LCU per square kilometre -24.4%
2010 47.17 million current LCU per square kilometre +3.9%
2011 42.36 million current LCU per square kilometre -10.2%
2012 36.99 million current LCU per square kilometre -12.7%
2013 35.45 million current LCU per square kilometre -4.2%
2014 36.10 million current LCU per square kilometre +1.8%
2015 36.73 million current LCU per square kilometre +1.7%
2016 32.07 million current LCU per square kilometre -12.7%
2017 36.01 million current LCU per square kilometre +12.3%
2018 47.34 million current LCU per square kilometre +31.5%
2019 40.01 million current LCU per square kilometre -15.5%
2020 43.11 million current LCU per square kilometre +7.7%
2021 56.94 million current LCU per square kilometre +32.1%
2022 67.10 million current LCU per square kilometre +17.8%
2023 77.23 million current LCU per square kilometre +15.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.99 million current LCU per square kilometre 177.73 current LCU per square kilometre 7.61 million current LCU per square kilometre 8
2000s 28.74 million current LCU per square kilometre 7.94 million current LCU per square kilometre 60.09 million current LCU per square kilometre 10
2010s 39.02 million current LCU per square kilometre 32.07 million current LCU per square kilometre 47.34 million current LCU per square kilometre 10
2020s 61.09 million current LCU per square kilometre 43.11 million current LCU per square kilometre 77.23 million current LCU per square kilometre 4

Countries ranked near Armenia

  1. 24 Bangladesh 106.94 million current LCU per square kilometre compare
  2. 25 Chile 88.61 million current LCU per square kilometre compare
  3. 26 Tanzania, United Republic of 87.18 million current LCU per square kilometre compare
  4. 28 Mauritius 63.55 million current LCU per square kilometre compare
  5. 29 Comoros 47.63 million current LCU per square kilometre compare
  6. 30 French Polynesia 44.19 million current LCU per square kilometre compare

See the full ranking of 184 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross capital formation (current lcu), per square kilometre in Armenia?
Gross capital formation (current lcu), per square kilometre in Armenia was 77.23 million current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current lcu), per square kilometre recorded in Armenia?
The highest recorded value was 77.23 million current LCU per square kilometre in 2023.
What is the lowest gross capital formation (current lcu), per square kilometre recorded in Armenia?
The lowest recorded value was 177.73 current LCU per square kilometre in 1992.
How does Armenia rank for gross capital formation (current lcu), per square kilometre?
Armenia ranks 27th out of 184 countries with data for 2023.
Is gross capital formation (current lcu), per square kilometre rising or falling in Armenia?
Over the last ten years it is up 117.9%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current LCU), per square kilometre in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-lcu-per-square-kilometre/armenia/

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How this figure is calculated

Gross capital formation (current 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 (current LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
Gross capital formation (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 8,138 data points, 1961–2023
Last refreshed

Gross capital formation (current 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.