Gross capital formation in Armenia
Armenia: Gross capital formation was 2.74 trillion current LCU in 2025. ◆ Volatile
Gross capital formation in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in Armenia is 2.74 trillion current LCU, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 12.8% on the previous year and up 162.1% over ten years.
Over the whole period, gross capital formation in Armenia peaked at 2.74 trillion current LCU in 2025 and was at its lowest, 5.06 million current LCU, in 1992.
That places Armenia 51st out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 23.72 million current LCU | — |
| 1991 | 31.70 million current LCU | +33.6% |
| 1992 | 5.06 million current LCU | -84.0% |
| 1993 | 416.45 million current LCU | +8130.2% |
| 1994 | 52.27 billion current LCU | +12451.3% |
| 1995 | 108.67 billion current LCU | +107.9% |
| 1996 | 139.49 billion current LCU | +28.4% |
| 1997 | 187.13 billion current LCU | +34.2% |
| 1998 | 216.74 billion current LCU | +15.8% |
| 1999 | 205.08 billion current LCU | -5.4% |
| 2000 | 226.09 billion current LCU | +10.2% |
| 2001 | 269.33 billion current LCU | +19.1% |
| 2002 | 346.32 billion current LCU | +28.6% |
| 2003 | 460.55 billion current LCU | +33.0% |
| 2004 | 555.64 billion current LCU | +20.6% |
| 2005 | 802.18 billion current LCU | +44.4% |
| 2006 | 1.12 trillion current LCU | +39.8% |
| 2007 | 1.40 trillion current LCU | +24.5% |
| 2008 | 1.71 trillion current LCU | +22.5% |
| 2009 | 1.29 trillion current LCU | -24.4% |
| 2010 | 1.34 trillion current LCU | +3.9% |
| 2011 | 1.21 trillion current LCU | -10.2% |
| 2012 | 1.05 trillion current LCU | -12.7% |
| 2013 | 1.01 trillion current LCU | -4.2% |
| 2014 | 1.03 trillion current LCU | +1.8% |
| 2015 | 1.05 trillion current LCU | +1.7% |
| 2016 | 912.90 billion current LCU | -12.7% |
| 2017 | 1.03 trillion current LCU | +12.3% |
| 2018 | 1.35 trillion current LCU | +31.5% |
| 2019 | 1.14 trillion current LCU | -15.5% |
| 2020 | 1.22 trillion current LCU | +6.7% |
| 2021 | 1.61 trillion current LCU | +32.1% |
| 2022 | 1.89 trillion current LCU | +17.8% |
| 2023 | 2.18 trillion current LCU | +15.1% |
| 2024 | 2.43 trillion current LCU | +11.6% |
| 2025 | 2.74 trillion current LCU | +12.8% |
Armenia compared with similar countries
- Armenia's 2.74 trillion current LCU is above the median for upper middle income countries, which is 296.90 billion current LCU, 9.2× the median. (52 countries reporting)
- Armenia's 2.74 trillion current LCU is above the median for Europe & Central Asia, which is 155.88 billion current LCU, 17.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +12451.3% | 416.45 million current LCU | 52.27 billion current LCU |
| 1993 | +8130.2% | 5.06 million current LCU | 416.45 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.99 billion current LCU | 5.06 million current LCU | 216.74 billion current LCU | 10 |
| 2000s | 818.18 billion current LCU | 226.09 billion current LCU | 1.71 trillion current LCU | 10 |
| 2010s | 1.11 trillion current LCU | 912.90 billion current LCU | 1.35 trillion current LCU | 10 |
| 2020s | 2.01 trillion current LCU | 1.22 trillion current LCU | 2.74 trillion current LCU | 6 |
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 gross capital formation in Armenia?
- Gross capital formation in Armenia was 2.74 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Armenia?
- The highest recorded value was 2.74 trillion current LCU in 2025.
- What is the lowest gross capital formation recorded in Armenia?
- The lowest recorded value was 5.06 million current LCU in 1992.
- How does Armenia rank for gross capital formation?
- Armenia ranks 51st out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Armenia?
- Over the last ten years it is up 162.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.