Gross fixed capital formation in Armenia
Armenia: Gross fixed capital formation was 6.26 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Armenia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Armenia recorded 6.26 billion current US$ for gross fixed capital formation in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 13.0% on the previous year and up 187.9% over ten years.
Over the whole period, gross fixed capital formation in Armenia peaked at 6.26 billion current US$ in 2025 and was at its lowest, 149.63 million current US$, in 1993.
Armenia ranks 109th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 1.00 billion current US$ | — |
| 1991 | 589.35 million current US$ | -41.1% |
| 1992 | 217.23 million current US$ | -63.1% |
| 1993 | 149.63 million current US$ | -31.1% |
| 1994 | 266.14 million current US$ | +77.9% |
| 1995 | 237.19 million current US$ | -10.9% |
| 1996 | 285.61 million current US$ | +20.4% |
| 1997 | 265.67 million current US$ | -7.0% |
| 1998 | 307.09 million current US$ | +15.6% |
| 1999 | 303.02 million current US$ | -1.3% |
| 2000 | 415.08 million current US$ | +37.0% |
| 2001 | 441.44 million current US$ | +6.4% |
| 2002 | 590.35 million current US$ | +33.7% |
| 2003 | 760.34 million current US$ | +28.8% |
| 2004 | 1.01 billion current US$ | +32.2% |
| 2005 | 1.72 billion current US$ | +71.1% |
| 2006 | 2.67 billion current US$ | +55.4% |
| 2007 | 4.01 billion current US$ | +49.9% |
| 2008 | 5.46 billion current US$ | +36.4% |
| 2009 | 3.71 billion current US$ | -32.1% |
| 2010 | 3.65 billion current US$ | -1.7% |
| 2011 | 3.12 billion current US$ | -14.5% |
| 2012 | 2.51 billion current US$ | -19.6% |
| 2013 | 2.36 billion current US$ | -5.9% |
| 2014 | 2.32 billion current US$ | -1.6% |
| 2015 | 2.18 billion current US$ | -6.3% |
| 2016 | 1.83 billion current US$ | -15.8% |
| 2017 | 2.03 billion current US$ | +11.1% |
| 2018 | 2.09 billion current US$ | +2.5% |
| 2019 | 2.15 billion current US$ | +3.3% |
| 2020 | 2.25 billion current US$ | +4.3% |
| 2021 | 2.94 billion current US$ | +31.0% |
| 2022 | 4.11 billion current US$ | +39.7% |
| 2023 | 4.98 billion current US$ | +21.0% |
| 2024 | 5.54 billion current US$ | +11.4% |
| 2025 | 6.26 billion current US$ | +13.0% |
Armenia compared with similar countries
- Armenia's 6.26 billion current US$ is below the median for upper middle income countries, which is 10.71 billion current US$, 58% of the median. (51 countries reporting)
- Armenia's 6.26 billion current US$ is below the median for Europe & Central Asia, which is 31.73 billion current US$, 20% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 362.17 million current US$ | 149.63 million current US$ | 1.00 billion current US$ | 10 |
| 2000s | 2.08 billion current US$ | 415.08 million current US$ | 5.46 billion current US$ | 10 |
| 2010s | 2.42 billion current US$ | 1.83 billion current US$ | 3.65 billion current US$ | 10 |
| 2020s | 4.35 billion current US$ | 2.25 billion current US$ | 6.26 billion current US$ | 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)
- 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Armenia?
- Gross fixed capital formation in Armenia was 6.26 billion current US$ 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 6.26 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Armenia?
- The lowest recorded value was 149.63 million current US$ in 1993.
- How does Armenia rank for gross fixed capital formation?
- Armenia ranks 109th 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 187.9%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.