Gross Fixed Capital: Value Standard … annual Standard Local Currency in Armenia
Armenia: Gross Fixed Capital: Value Standard … annual Standard Local Currency was 0.2176 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Armenia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Armenia stood at 0.2176 % change on previous year.
That represents a change of up 1,393.9% on the previous year and down 89.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Armenia peaked at 572.2 % change on previous year in 1992 and was at its lowest, -4.52 % change on previous year, in 2016.
Armenia ranks 182nd of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital: Value Standard … annual Standard Local Currency in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 79.79 % change on previous year | — |
| 1992 | 572.2 % change on previous year | +617.1% |
| 1995 | 161.19 % change on previous year | -71.8% |
| 1996 | 27.08 % change on previous year | -83.2% |
| 1997 | 7.95 % change on previous year | -70.6% |
| 1998 | 6.09 % change on previous year | -23.4% |
| 1999 | 4.06 % change on previous year | -33.3% |
| 2000 | 0.9001 % change on previous year | -77.8% |
| 2001 | 3.9 % change on previous year | +333.3% |
| 2002 | 3.76 % change on previous year | -3.7% |
| 2003 | 2 % change on previous year | -46.8% |
| 2004 | 2.38 % change on previous year | +19.2% |
| 2005 | 13.68 % change on previous year | +473.5% |
| 2006 | 5.6 % change on previous year | -59.1% |
| 2007 | 4.3 % change on previous year | -23.2% |
| 2008 | 9 % change on previous year | +109.3% |
| 2009 | 8 % change on previous year | -11.1% |
| 2010 | 4.15 % change on previous year | -48.1% |
| 2011 | -3.5 % change on previous year | -184.3% |
| 2012 | -2.5 % change on previous year | -28.6% |
| 2013 | 3.24 % change on previous year | -229.8% |
| 2014 | 2.14 % change on previous year | -34.1% |
| 2015 | 5.09 % change on previous year | +138.0% |
| 2016 | -4.52 % change on previous year | -188.8% |
| 2017 | 1.78 % change on previous year | -139.4% |
| 2018 | -2.13 % change on previous year | -219.5% |
| 2019 | -1.56 % change on previous year | -26.7% |
| 2020 | 7.75 % change on previous year | -596.2% |
| 2021 | 9.14 % change on previous year | +17.9% |
| 2022 | 6 % change on previous year | -34.3% |
| 2023 | 0.0146 % change on previous year | -99.8% |
| 2024 | 0.2176 % change on previous year | +1393.9% |
Armenia compared with similar countries
- Armenia's 0.2176 % change on previous year is below the median for upper middle income countries, which is 2.82 % change on previous year, 8% of the median. (51 countries reporting)
- Armenia's 0.2176 % change on previous year is below the median for Europe & Central Asia, which is 2.29 % change on previous year, 9% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital: Value Standard … annual Standard Local Currency 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 |
|---|---|---|---|
| 2024 | +1393.9% | 0.0146 % change on previous year | 0.2176 % change on previous year |
| 1992 | +617.1% | 79.79 % change on previous year | 572.2 % change on previous year |
| 2020 | +596.2% | -1.56 % change on previous year | 7.75 % change on previous year |
| 2005 | +473.5% | 2.38 % change on previous year | 13.68 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 122.62 % change on previous year | 4.06 % change on previous year | 572.2 % change on previous year | 7 |
| 2000s | 5.35 % change on previous year | 0.9001 % change on previous year | 13.68 % change on previous year | 10 |
| 2010s | 0.219 % change on previous year | -4.52 % change on previous year | 5.09 % change on previous year | 10 |
| 2020s | 4.62 % change on previous year | 0.0146 % change on previous year | 9.14 % change on previous year | 5 |
Countries ranked near Armenia
- 179 Mongolia 0.3389 % change on previous year compare
- 180 Paraguay 0.2738 % change on previous year compare
- 181 Benin 0.2531 % change on previous year compare
- 183 French Polynesia 0.191 % change on previous year compare
- 184 Slovakia 0.1682 % change on previous year compare
- 185 Yemen 0.1272 % change on previous year compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Armenia?
- Gross fixed capital formation deflator — value standard local in Armenia was 0.2176 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Armenia?
- The highest recorded value was 572.2 % change on previous year in 1992.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Armenia?
- The lowest recorded value was -4.52 % change on previous year in 2016.
- How does Armenia rank for gross fixed capital formation deflator — value standard local?
- Armenia ranks 182nd out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Armenia?
- Over the last ten years it is down 89.8%. 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 Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.