Gross capital formation (current US$), per square kilometre in Armenia
Armenia: Gross capital formation (current US$), per square kilometre was 196,762 current US$ per square kilometre in 2023. ◆ Volatile
Gross capital formation (current US$), per square kilometre in Armenia, 1992–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross capital formation (current us$), per square kilometre in Armenia stood at 196,762 current US$ per square kilometre. That is the highest value across all 32 years on record.
The figure is up 27.8% on the previous year and up 127.4% over ten years.
Over the whole period, gross capital formation (current us$), per square kilometre in Armenia peaked at 196,762 current US$ per square kilometre in 2023 and was at its lowest, 729.3 current US$ per square kilometre, in 1992.
Armenia ranks 76th of 184 countries on this measure, 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 (current US$), per square kilometre in Armenia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 729.3 current US$ per square kilometre | — |
| 1993 | 4,166 current US$ per square kilometre | +471.2% |
| 1994 | 12,908 current US$ per square kilometre | +209.9% |
| 1995 | 10,732 current US$ per square kilometre | -16.9% |
| 1996 | 11,833 current US$ per square kilometre | +10.3% |
| 1997 | 13,398 current US$ per square kilometre | +13.2% |
| 1998 | 15,090 current US$ per square kilometre | +12.6% |
| 1999 | 13,463 current US$ per square kilometre | -10.8% |
| 2000 | 14,719 current US$ per square kilometre | +9.3% |
| 2001 | 17,043 current US$ per square kilometre | +15.8% |
| 2002 | 21,216 current US$ per square kilometre | +24.5% |
| 2003 | 27,950 current US$ per square kilometre | +31.7% |
| 2004 | 36,586 current US$ per square kilometre | +30.9% |
| 2005 | 61,562 current US$ per square kilometre | +68.3% |
| 2006 | 94,691 current US$ per square kilometre | +53.8% |
| 2007 | 143,419 current US$ per square kilometre | +51.5% |
| 2008 | 196,386 current US$ per square kilometre | +36.9% |
| 2009 | 124,981 current US$ per square kilometre | -36.4% |
| 2010 | 126,251 current US$ per square kilometre | +1.0% |
| 2011 | 113,718 current US$ per square kilometre | -9.9% |
| 2012 | 92,060 current US$ per square kilometre | -19.0% |
| 2013 | 86,536 current US$ per square kilometre | -6.0% |
| 2014 | 86,788 current US$ per square kilometre | +0.3% |
| 2015 | 76,844 current US$ per square kilometre | -11.5% |
| 2016 | 66,735 current US$ per square kilometre | -13.2% |
| 2017 | 74,589 current US$ per square kilometre | +11.8% |
| 2018 | 98,017 current US$ per square kilometre | +31.4% |
| 2019 | 83,278 current US$ per square kilometre | -15.0% |
| 2020 | 88,158 current US$ per square kilometre | +5.9% |
| 2021 | 113,031 current US$ per square kilometre | +28.2% |
| 2022 | 154,008 current US$ per square kilometre | +36.3% |
| 2023 | 196,762 current US$ per square kilometre | +27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,290 current US$ per square kilometre | 729.3 current US$ per square kilometre | 15,090 current US$ per square kilometre | 8 |
| 2000s | 73,855 current US$ per square kilometre | 14,719 current US$ per square kilometre | 196,386 current US$ per square kilometre | 10 |
| 2010s | 90,482 current US$ per square kilometre | 66,735 current US$ per square kilometre | 126,251 current US$ per square kilometre | 10 |
| 2020s | 137,990 current US$ per square kilometre | 88,158 current US$ per square kilometre | 196,762 current US$ per square kilometre | 4 |
Countries ranked near Armenia
- 73 Palau 214,339 current US$ per square kilometre compare
- 74 Tonga 212,896 current US$ per square kilometre compare
- 75 Albania 200,955 current US$ per square kilometre compare
- 77 Bulgaria 186,293 current US$ per square kilometre compare
- 78 North Macedonia 186,262 current US$ per square kilometre compare
- 79 Latvia 169,741 current 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)
- Households and NPISHs Final consumption expenditure (current LCU) 15.55 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 275.18 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2.61 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4322 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,095 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 15.97 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.813 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current us$), per square kilometre in Armenia?
- Gross capital formation (current us$), per square kilometre in Armenia was 196,762 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per square kilometre recorded in Armenia?
- The highest recorded value was 196,762 current US$ per square kilometre in 2023.
- What is the lowest gross capital formation (current us$), per square kilometre recorded in Armenia?
- The lowest recorded value was 729.3 current US$ per square kilometre in 1992.
- How does Armenia rank for gross capital formation (current us$), per square kilometre?
- Armenia ranks 76th out of 184 countries with data for 2023.
- Is gross capital formation (current us$), per square kilometre rising or falling in Armenia?
- Over the last ten years it is up 127.4%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) 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.