Gross fixed capital formation in Armenia
Armenia: Gross fixed capital formation was 15.6% in 2025. ◆ Volatile
Gross fixed capital formation in Armenia, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Armenia recorded 15.6% for gross fixed capital formation in 2025.
The figure is up 39.3% on the previous year and up 524.0% over ten years.
Over the whole period, gross fixed capital formation in Armenia peaked at 33.7% in 2006 and was at its lowest, -25.4%, in 2009.
That places Armenia 18th out of 166 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Armenia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1995 | -15.4% | — |
| 1996 | 8.6% | -155.7% |
| 1997 | 3.1% | -63.9% |
| 1998 | 12.0% | +285.2% |
| 1999 | 0.0% | -99.7% |
| 2000 | 16.6% | +44009.0% |
| 2001 | 5.8% | -65.3% |
| 2002 | 33.2% | +477.0% |
| 2003 | 27.7% | -16.7% |
| 2004 | 19.1% | -31.1% |
| 2005 | 29.2% | +52.8% |
| 2006 | 33.7% | +15.7% |
| 2007 | 18.2% | -46.2% |
| 2008 | 11.9% | -34.5% |
| 2009 | -25.4% | -313.0% |
| 2010 | -2.9% | -88.6% |
| 2011 | -11.2% | +286.2% |
| 2012 | -1.7% | -84.7% |
| 2013 | -7.0% | +307.5% |
| 2014 | -2.2% | -68.6% |
| 2015 | 2.5% | -213.6% |
| 2016 | -11.4% | -556.0% |
| 2017 | 9.7% | -185.1% |
| 2018 | 4.8% | -50.5% |
| 2019 | 4.4% | -8.3% |
| 2020 | -1.5% | -134.1% |
| 2021 | 23.6% | -1673.3% |
| 2022 | 14.0% | -40.7% |
| 2023 | 9.0% | -35.7% |
| 2024 | 11.2% | +24.4% |
| 2025 | 15.6% | +39.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | -15.4% | 12.0% | 5 |
| 2000s | 17.0% | -25.4% | 33.7% | 10 |
| 2010s | -1.5% | -11.4% | 9.7% | 10 |
| 2020s | 12.0% | -1.5% | 23.6% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,465 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5394 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Armenia?
- Gross fixed capital formation in Armenia was 15.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Armenia?
- The highest recorded value was 33.7% in 2006.
- What is the lowest gross fixed capital formation recorded in Armenia?
- The lowest recorded value was -25.4% in 2009.
- How does Armenia rank for gross fixed capital formation?
- Armenia ranks 18th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Armenia?
- Over the last ten years it is up 524.0%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.