Gross fixed capital formation (current LCU), per square kilometre in Armenia
Armenia: Gross fixed capital formation (current LCU), per square kilometre was 69.26 million current LCU per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current LCU), per square kilometre in Armenia, 1992–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Armenia recorded 69.26 million current LCU per square kilometre for gross fixed capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 32 years on record.
That represents a change of up 9.0% on the previous year and up 104.0% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Armenia peaked at 69.26 million current LCU per square kilometre in 2023 and was at its lowest, 1,860 current LCU per square kilometre, in 1992.
That places Armenia 27th out of 177 countries with data for 2023, 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 (current LCU), per square kilometre in Armenia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1992 | 1,860 current LCU per square kilometre | — |
| 1993 | 18,455 current LCU per square kilometre | +892.5% |
| 1994 | 1.33 million current LCU per square kilometre | +7104.7% |
| 1995 | 2.96 million current LCU per square kilometre | +122.9% |
| 1996 | 4.15 million current LCU per square kilometre | +40.2% |
| 1997 | 4.58 million current LCU per square kilometre | +10.2% |
| 1998 | 5.44 million current LCU per square kilometre | +18.9% |
| 1999 | 5.69 million current LCU per square kilometre | +4.7% |
| 2000 | 7.87 million current LCU per square kilometre | +38.1% |
| 2001 | 8.61 million current LCU per square kilometre | +9.4% |
| 2002 | 11.89 million current LCU per square kilometre | +38.1% |
| 2003 | 15.46 million current LCU per square kilometre | +30.0% |
| 2004 | 18.84 million current LCU per square kilometre | +21.9% |
| 2005 | 27.65 million current LCU per square kilometre | +46.8% |
| 2006 | 39.05 million current LCU per square kilometre | +41.2% |
| 2007 | 48.12 million current LCU per square kilometre | +23.2% |
| 2008 | 58.70 million current LCU per square kilometre | +22.0% |
| 2009 | 47.32 million current LCU per square kilometre | -19.4% |
| 2010 | 47.86 million current LCU per square kilometre | +1.1% |
| 2011 | 40.79 million current LCU per square kilometre | -14.8% |
| 2012 | 35.36 million current LCU per square kilometre | -13.3% |
| 2013 | 33.94 million current LCU per square kilometre | -4.0% |
| 2014 | 33.91 million current LCU per square kilometre | -0.1% |
| 2015 | 36.52 million current LCU per square kilometre | +7.7% |
| 2016 | 30.89 million current LCU per square kilometre | -15.4% |
| 2017 | 34.49 million current LCU per square kilometre | +11.7% |
| 2018 | 35.38 million current LCU per square kilometre | +2.6% |
| 2019 | 36.35 million current LCU per square kilometre | +2.7% |
| 2020 | 38.97 million current LCU per square kilometre | +7.2% |
| 2021 | 52.58 million current LCU per square kilometre | +34.9% |
| 2022 | 63.52 million current LCU per square kilometre | +20.8% |
| 2023 | 69.26 million current LCU per square kilometre | +9.0% |
Armenia compared with similar countries
- Armenia's 69.26 million current LCU per square kilometre is above the median for upper middle income countries, which is 3.05 million current LCU per square kilometre, 22.7× the median. (50 countries reporting)
- Armenia's 69.26 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 38.2× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per square kilometre 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 | +7104.7% | 18,455 current LCU per square kilometre | 1.33 million current LCU per square kilometre |
| 1993 | +892.5% | 1,860 current LCU per square kilometre | 18,455 current LCU per square kilometre |
| 1995 | +122.9% | 1.33 million current LCU per square kilometre | 2.96 million current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.02 million current LCU per square kilometre | 1,860 current LCU per square kilometre | 5.69 million current LCU per square kilometre | 8 |
| 2000s | 28.35 million current LCU per square kilometre | 7.87 million current LCU per square kilometre | 58.70 million current LCU per square kilometre | 10 |
| 2010s | 36.55 million current LCU per square kilometre | 30.89 million current LCU per square kilometre | 47.86 million current LCU per square kilometre | 10 |
| 2020s | 56.08 million current LCU per square kilometre | 38.97 million current LCU per square kilometre | 69.26 million current LCU per square kilometre | 4 |
Countries ranked near Armenia
- 24 Chile 92.65 million current LCU per square kilometre compare
- 25 Tanzania 90.84 million current LCU per square kilometre compare
- 26 Sri Lanka 80.87 million current LCU per square kilometre compare
- 28 Mauritius 64.64 million current LCU per square kilometre compare
- 29 French Polynesia 44.19 million current LCU per square kilometre compare
- 30 Comoros 43.38 million current LCU 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)
- 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 fixed capital formation (current lcu), per square kilometre in Armenia?
- Gross fixed capital formation (current lcu), per square kilometre in Armenia was 69.26 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Armenia?
- The highest recorded value was 69.26 million current LCU per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Armenia?
- The lowest recorded value was 1,860 current LCU per square kilometre in 1992.
- How does Armenia rank for gross fixed capital formation (current lcu), per square kilometre?
- Armenia ranks 27th out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Armenia?
- Over the last ten years it is up 104.0%. 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 fixed capital formation (current LCU), 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 fixed capital formation (current LCU) 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 (current LCU) ÷ Land area (sq. km)
Computed from
- Gross fixed 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 fixed capital formation (current LCU) 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.