Gross fixed capital formation (current US$), per square kilometre in Armenia
Armenia: Gross fixed capital formation (current US$), per square kilometre was 176,456 current US$ per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current US$), per square kilometre in Armenia, 1992–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Armenia recorded 176,456 current US$ per square kilometre for gross fixed capital formation (current us$), per square kilometre in 2023.
That represents a change of up 21.0% on the previous year and up 112.9% over ten years.
Over the whole period, gross fixed capital formation (current us$), per square kilometre in Armenia peaked at 191,841 current US$ per square kilometre in 2008 and was at its lowest, 5,256 current US$ per square kilometre, in 1993.
Armenia ranks 73rd of 177 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 US$), per square kilometre in Armenia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 7,630 current US$ per square kilometre | — |
| 1993 | 5,256 current US$ per square kilometre | -31.1% |
| 1994 | 9,348 current US$ per square kilometre | +77.9% |
| 1995 | 8,331 current US$ per square kilometre | -10.9% |
| 1996 | 10,032 current US$ per square kilometre | +20.4% |
| 1997 | 9,331 current US$ per square kilometre | -7.0% |
| 1998 | 10,786 current US$ per square kilometre | +15.6% |
| 1999 | 10,644 current US$ per square kilometre | -1.3% |
| 2000 | 14,580 current US$ per square kilometre | +37.0% |
| 2001 | 15,505 current US$ per square kilometre | +6.4% |
| 2002 | 20,736 current US$ per square kilometre | +33.7% |
| 2003 | 26,707 current US$ per square kilometre | +28.8% |
| 2004 | 35,311 current US$ per square kilometre | +32.2% |
| 2005 | 60,407 current US$ per square kilometre | +71.1% |
| 2006 | 93,851 current US$ per square kilometre | +55.4% |
| 2007 | 140,680 current US$ per square kilometre | +49.9% |
| 2008 | 191,841 current US$ per square kilometre | +36.4% |
| 2009 | 130,262 current US$ per square kilometre | -32.1% |
| 2010 | 128,073 current US$ per square kilometre | -1.7% |
| 2011 | 109,496 current US$ per square kilometre | -14.5% |
| 2012 | 88,024 current US$ per square kilometre | -19.6% |
| 2013 | 82,864 current US$ per square kilometre | -5.9% |
| 2014 | 81,536 current US$ per square kilometre | -1.6% |
| 2015 | 76,407 current US$ per square kilometre | -6.3% |
| 2016 | 64,298 current US$ per square kilometre | -15.8% |
| 2017 | 71,458 current US$ per square kilometre | +11.1% |
| 2018 | 73,255 current US$ per square kilometre | +2.5% |
| 2019 | 75,658 current US$ per square kilometre | +3.3% |
| 2020 | 79,686 current US$ per square kilometre | +5.3% |
| 2021 | 104,368 current US$ per square kilometre | +31.0% |
| 2022 | 145,800 current US$ per square kilometre | +39.7% |
| 2023 | 176,456 current US$ per square kilometre | +21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,920 current US$ per square kilometre | 5,256 current US$ per square kilometre | 10,786 current US$ per square kilometre | 8 |
| 2000s | 72,988 current US$ per square kilometre | 14,580 current US$ per square kilometre | 191,841 current US$ per square kilometre | 10 |
| 2010s | 85,107 current US$ per square kilometre | 64,298 current US$ per square kilometre | 128,073 current US$ per square kilometre | 10 |
| 2020s | 126,577 current US$ per square kilometre | 79,686 current US$ per square kilometre | 176,456 current US$ per square kilometre | 4 |
Countries ranked near Armenia
- 70 Indonesia 211,212 current US$ per square kilometre compare
- 71 Albania 208,219 current US$ per square kilometre compare
- 72 Rwanda 204,177 current US$ per square kilometre compare
- 74 Bulgaria 176,320 current US$ per square kilometre compare
- 75 Latvia 165,142 current US$ per square kilometre compare
- 76 Guatemala 159,111 current US$ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 15.55 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 275.18 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2.61 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4322 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,095 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 15.97 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.813 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), per square kilometre in Armenia?
- Gross fixed capital formation (current us$), per square kilometre in Armenia was 176,456 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per square kilometre recorded in Armenia?
- The highest recorded value was 191,841 current US$ per square kilometre in 2008.
- What is the lowest gross fixed capital formation (current us$), per square kilometre recorded in Armenia?
- The lowest recorded value was 5,256 current US$ per square kilometre in 1993.
- How does Armenia rank for gross fixed capital formation (current us$), per square kilometre?
- Armenia ranks 73rd out of 177 countries with data for 2023.
- Is gross fixed capital formation (current us$), per square kilometre rising or falling in Armenia?
- Over the last ten years it is up 112.9%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) 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.