Gross fixed capital formation (current LCU) in Armenia
Armenia: Gross fixed capital formation (current LCU) was 2.42 trillion current LCU in 2025. ◆ Volatile
Gross fixed capital formation in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Armenia is 2.42 trillion current LCU, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 11.3% on the previous year and up 133.1% over ten years.
Over the whole period, gross fixed capital formation in Armenia peaked at 2.42 trillion current LCU in 2025 and was at its lowest, 22.31 million current LCU, in 1990.
Armenia ranks 51st of 181 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 fixed capital formation (current LCU) in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 22.31 million current LCU | — |
| 1991 | 22.69 million current LCU | +1.7% |
| 1992 | 52.94 million current LCU | +133.3% |
| 1993 | 525.42 million current LCU | +892.5% |
| 1994 | 37.85 billion current LCU | +7104.7% |
| 1995 | 84.36 billion current LCU | +122.9% |
| 1996 | 118.25 billion current LCU | +40.2% |
| 1997 | 130.34 billion current LCU | +10.2% |
| 1998 | 154.93 billion current LCU | +18.9% |
| 1999 | 162.13 billion current LCU | +4.7% |
| 2000 | 223.94 billion current LCU | +38.1% |
| 2001 | 245.02 billion current LCU | +9.4% |
| 2002 | 338.48 billion current LCU | +38.1% |
| 2003 | 440.06 billion current LCU | +30.0% |
| 2004 | 536.28 billion current LCU | +21.9% |
| 2005 | 787.12 billion current LCU | +46.8% |
| 2006 | 1.11 trillion current LCU | +41.2% |
| 2007 | 1.37 trillion current LCU | +23.2% |
| 2008 | 1.67 trillion current LCU | +22.0% |
| 2009 | 1.35 trillion current LCU | -19.4% |
| 2010 | 1.36 trillion current LCU | +1.1% |
| 2011 | 1.16 trillion current LCU | -14.8% |
| 2012 | 1.01 trillion current LCU | -13.3% |
| 2013 | 966.37 billion current LCU | -4.0% |
| 2014 | 965.49 billion current LCU | -0.1% |
| 2015 | 1.04 trillion current LCU | +7.7% |
| 2016 | 879.57 billion current LCU | -15.4% |
| 2017 | 982.04 billion current LCU | +11.7% |
| 2018 | 1.01 trillion current LCU | +2.6% |
| 2019 | 1.03 trillion current LCU | +2.7% |
| 2020 | 1.10 trillion current LCU | +6.2% |
| 2021 | 1.48 trillion current LCU | +34.9% |
| 2022 | 1.79 trillion current LCU | +20.8% |
| 2023 | 1.95 trillion current LCU | +9.0% |
| 2024 | 2.18 trillion current LCU | +11.5% |
| 2025 | 2.42 trillion current LCU | +11.3% |
Armenia compared with similar countries
- Armenia's 2.42 trillion current LCU is above the median for upper middle income countries, which is 431.60 billion current LCU, 5.6× the median. (51 countries reporting)
- Armenia's 2.42 trillion current LCU is above the median for Europe & Central Asia, which is 153.41 billion current LCU, 15.8× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU) 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% | 525.42 million current LCU | 37.85 billion current LCU |
| 1993 | +892.5% | 52.94 million current LCU | 525.42 million current LCU |
| 1992 | +133.3% | 22.69 million current LCU | 52.94 million current LCU |
| 1995 | +122.9% | 37.85 billion current LCU | 84.36 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68.85 billion current LCU | 22.31 million current LCU | 162.13 billion current LCU | 10 |
| 2000s | 807.10 billion current LCU | 223.94 billion current LCU | 1.67 trillion current LCU | 10 |
| 2010s | 1.04 trillion current LCU | 879.57 billion current LCU | 1.36 trillion current LCU | 10 |
| 2020s | 1.82 trillion current LCU | 1.10 trillion current LCU | 2.42 trillion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Armenia?
- Gross fixed capital formation in Armenia was 2.42 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Armenia?
- The highest recorded value was 2.42 trillion current LCU in 2025.
- What is the lowest gross fixed capital formation recorded in Armenia?
- The lowest recorded value was 22.31 million current LCU in 1990.
- How does Armenia rank for gross fixed capital formation?
- Armenia ranks 51st out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Armenia?
- Over the last ten years it is up 133.1%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.