Gross Fixed Capital Formation — Annual growth US$ in Armenia
Armenia: Gross Fixed Capital Formation — Annual growth US$ was 11.27 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Armenia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — annual growth us$ in Armenia stood at 11.27 %.
That represents a change of down 49.4% on the previous year and up 803.1% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Armenia peaked at 79.76 % in 1994 and was at its lowest, -64.06 %, in 1992.
Armenia ranks 32nd of 203 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 Fixed Capital Formation — Annual growth US$ in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | -42.03 % | — |
| 1992 | -64.06 % | +52.4% |
| 1993 | -31.03 % | -51.6% |
| 1994 | 79.76 % | -357.1% |
| 1995 | -11.79 % | -114.8% |
| 1996 | 37.42 % | -417.4% |
| 1997 | -7.03 % | -118.8% |
| 1998 | 15.55 % | -321.3% |
| 1999 | -1.24 % | -108.0% |
| 2000 | 16.3 % | -1410.9% |
| 2001 | 6.35 % | -61.1% |
| 2002 | 33.74 % | +431.6% |
| 2003 | 28.8 % | -14.6% |
| 2004 | 32.22 % | +11.9% |
| 2005 | 71.07 % | +120.6% |
| 2006 | 55.37 % | -22.1% |
| 2007 | 49.9 % | -9.9% |
| 2008 | 36.37 % | -27.1% |
| 2009 | -32.1 % | -188.3% |
| 2010 | -1.68 % | -94.8% |
| 2011 | -14.51 % | +763.1% |
| 2012 | -11.34 % | -21.8% |
| 2013 | -5.86 % | -48.3% |
| 2014 | -1.6 % | -72.7% |
| 2015 | -6.29 % | +292.4% |
| 2016 | -15.85 % | +151.9% |
| 2017 | 11.14 % | -170.3% |
| 2018 | 2.51 % | -77.4% |
| 2019 | 3.28 % | +30.4% |
| 2020 | 4.32 % | +31.6% |
| 2021 | 30.97 % | +617.7% |
| 2022 | 39.71 % | +28.2% |
| 2023 | 22.28 % | -43.9% |
| 2024 | 11.27 % | -49.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.72 % | -64.06 % | 79.76 % | 9 |
| 2000s | 29.8 % | -32.1 % | 71.07 % | 10 |
| 2010s | -4.02 % | -15.85 % | 11.14 % | 10 |
| 2020s | 21.71 % | 4.32 % | 39.71 % | 5 |
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)
- Gross domestic savings (current US$), annual growth rate 0.2524 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.187 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 1,772 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -1.21 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 72.38 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 685,732 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 17.51 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9523 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Armenia?
- Gross fixed capital formation — annual growth us$ in Armenia was 11.27 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$ recorded in Armenia?
- The highest recorded value was 79.76 % in 1994.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Armenia?
- The lowest recorded value was -64.06 % in 1992.
- How does Armenia rank for gross fixed capital formation — annual growth us$?
- Armenia ranks 32nd out of 203 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Armenia?
- Over the last ten years it is up 803.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).