Gross fixed capital formation (constant 2015 US$), per square in Armenia

Armenia: Gross fixed capital formation (constant 2015 US$), per square was 124,099 constant 2015 US$ per square kilometre in 2023. ▲ Rising

Latest (2023)
124,099 constant 2015 US$ per square kilometre
Change on year
up 9.0%
World rank
68th
of 159 countries
All-time high
129,557 constant 2015 US$ per square kilometre
in 2008
All-time low
18,107 constant 2015 US$ per square kilometre
in 1995
Years of data
30
1994–2023

Gross fixed capital formation (constant 2015 US$), per square in Armenia, 1994–2023

25.0k50.0k75.0k100.0k125.0k1994200820231994: 21.4k constant 2015 US$ per square kilometre1995: 18.1k constant 2015 US$ per square kilometre1996: 19.7k constant 2015 US$ per square kilometre1997: 20.3k constant 2015 US$ per square kilometre1998: 22.7k constant 2015 US$ per square kilometre1999: 22.7k constant 2015 US$ per square kilometre2000: 26.5k constant 2015 US$ per square kilometre2001: 28.0k constant 2015 US$ per square kilometre2002: 37.3k constant 2015 US$ per square kilometre2003: 47.6k constant 2015 US$ per square kilometre2004: 56.7k constant 2015 US$ per square kilometre2005: 73.3k constant 2015 US$ per square kilometre2006: 98.0k constant 2015 US$ per square kilometre2007: 115.8k constant 2015 US$ per square kilometre2008: 129.6k constant 2015 US$ per square kilometre2009: 96.7k constant 2015 US$ per square kilometre2010: 93.9k constant 2015 US$ per square kilometre2011: 83.4k constant 2015 US$ per square kilometre2012: 82.0k constant 2015 US$ per square kilometre2013: 76.2k constant 2015 US$ per square kilometre2014: 74.5k constant 2015 US$ per square kilometre2015: 76.4k constant 2015 US$ per square kilometre2016: 67.7k constant 2015 US$ per square kilometre2017: 74.3k constant 2015 US$ per square kilometre2018: 77.8k constant 2015 US$ per square kilometre2019: 81.3k constant 2015 US$ per square kilometre2020: 80.8k constant 2015 US$ per square kilometre2021: 99.9k constant 2015 US$ per square kilometre2022: 113.9k constant 2015 US$ per square kilometre2023: 124.1k constant 2015 US$ per square kilometre

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

Armenia recorded 124,099 constant 2015 US$ per square kilometre for gross fixed capital formation (constant 2015 us$), per square in 2023.

Compared with earlier readings it is up 9.0% on the previous year and up 62.8% over ten years.

Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Armenia peaked at 129,557 constant 2015 US$ per square kilometre in 2008 and was at its lowest, 18,107 constant 2015 US$ per square kilometre, in 1995.

Armenia ranks 68th of 159 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Gross fixed capital formation (constant 2015 US$), per square in Armenia, year by year

Annual values for Gross fixed capital formation (constant 2015 US$), per square kilometre in Armenia, 1994 to 2023.
Year constant 2015 US$ per square kilometre Change
1994 21,413 constant 2015 US$ per square kilometre
1995 18,107 constant 2015 US$ per square kilometre -15.4%
1996 19,663 constant 2015 US$ per square kilometre +8.6%
1997 20,273 constant 2015 US$ per square kilometre +3.1%
1998 22,697 constant 2015 US$ per square kilometre +12.0%
1999 22,705 constant 2015 US$ per square kilometre +0.0%
2000 26,478 constant 2015 US$ per square kilometre +16.6%
2001 28,003 constant 2015 US$ per square kilometre +5.8%
2002 37,308 constant 2015 US$ per square kilometre +33.2%
2003 47,636 constant 2015 US$ per square kilometre +27.7%
2004 56,724 constant 2015 US$ per square kilometre +19.1%
2005 73,260 constant 2015 US$ per square kilometre +29.2%
2006 97,977 constant 2015 US$ per square kilometre +33.7%
2007 115,778 constant 2015 US$ per square kilometre +18.2%
2008 129,557 constant 2015 US$ per square kilometre +11.9%
2009 96,712 constant 2015 US$ per square kilometre -25.4%
2010 93,908 constant 2015 US$ per square kilometre -2.9%
2011 83,390 constant 2015 US$ per square kilometre -11.2%
2012 81,958 constant 2015 US$ per square kilometre -1.7%
2013 76,221 constant 2015 US$ per square kilometre -7.0%
2014 74,544 constant 2015 US$ per square kilometre -2.2%
2015 76,407 constant 2015 US$ per square kilometre +2.5%
2016 67,697 constant 2015 US$ per square kilometre -11.4%
2017 74,263 constant 2015 US$ per square kilometre +9.7%
2018 77,828 constant 2015 US$ per square kilometre +4.8%
2019 81,252 constant 2015 US$ per square kilometre +4.4%
2020 80,808 constant 2015 US$ per square kilometre -0.5%
2021 99,879 constant 2015 US$ per square kilometre +23.6%
2022 113,857 constant 2015 US$ per square kilometre +14.0%
2023 124,099 constant 2015 US$ per square kilometre +9.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20,810 constant 2015 US$ per square kilometre 18,107 constant 2015 US$ per square kilometre 22,705 constant 2015 US$ per square kilometre 6
2000s 70,943 constant 2015 US$ per square kilometre 26,478 constant 2015 US$ per square kilometre 129,557 constant 2015 US$ per square kilometre 10
2010s 78,747 constant 2015 US$ per square kilometre 67,697 constant 2015 US$ per square kilometre 93,908 constant 2015 US$ per square kilometre 10
2020s 104,661 constant 2015 US$ per square kilometre 80,808 constant 2015 US$ per square kilometre 124,099 constant 2015 US$ per square kilometre 4

Countries ranked near Armenia

  1. 65 Mexico 155,804 constant 2015 US$ per square kilometre compare
  2. 66 Albania 149,670 constant 2015 US$ per square kilometre compare
  3. 67 Guatemala 126,125 constant 2015 US$ per square kilometre compare
  4. 69 Bulgaria 121,849 constant 2015 US$ per square kilometre compare
  5. 70 Uzbekistan 121,799 constant 2015 US$ per square kilometre compare
  6. 71 Latvia 121,732 constant 2015 US$ per square kilometre compare

See the full ranking of 192 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross fixed capital formation (constant 2015 us$), per square in Armenia?
Gross fixed capital formation (constant 2015 us$), per square in Armenia was 124,099 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Armenia?
The highest recorded value was 129,557 constant 2015 US$ per square kilometre in 2008.
What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Armenia?
The lowest recorded value was 18,107 constant 2015 US$ per square kilometre in 1995.
How does Armenia rank for gross fixed capital formation (constant 2015 us$), per square?
Armenia ranks 68th out of 159 countries with data for 2023.
Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Armenia?
Over the last ten years it is up 62.8%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (constant 2015 US$), per square in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-2015-us-per-square-kilometre/armenia/

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How this figure is calculated

Gross fixed capital formation (constant 2015 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 fixed capital formation (constant 2015 US$) ÷ 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 fixed capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 7,629 data points, 1961–2023
Last refreshed

Gross fixed capital formation (constant 2015 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.