Gross fixed capital formation in Armenia
Armenia: Gross fixed capital formation was 21.4% in 2025. ▼ Falling
Gross fixed capital formation in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in Armenia stood at 21.4%.
The figure is up 0.3% on the previous year and up 3.9% over ten years.
Over the whole period, gross fixed capital formation in Armenia peaked at 46.8% in 2008 and was at its lowest, 12.5%, in 1993.
Armenia ranks 106th of 181 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Gross fixed capital formation in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 44.3% | — |
| 1991 | 28.5% | -35.8% |
| 1992 | 17.1% | -40.1% |
| 1993 | 12.5% | -27.0% |
| 1994 | 20.2% | +62.5% |
| 1995 | 16.2% | -20.2% |
| 1996 | 17.9% | +10.7% |
| 1997 | 16.2% | -9.4% |
| 1998 | 16.2% | +0.1% |
| 1999 | 16.4% | +1.3% |
| 2000 | 21.7% | +32.2% |
| 2001 | 20.8% | -4.0% |
| 2002 | 24.8% | +19.2% |
| 2003 | 27.1% | +9.0% |
| 2004 | 28.1% | +3.8% |
| 2005 | 35.1% | +24.9% |
| 2006 | 41.9% | +19.3% |
| 2007 | 43.5% | +4.0% |
| 2008 | 46.8% | +7.7% |
| 2009 | 42.9% | -8.4% |
| 2010 | 39.4% | -8.2% |
| 2011 | 30.7% | -21.9% |
| 2012 | 23.6% | -23.2% |
| 2013 | 21.2% | -10.1% |
| 2014 | 20.0% | -5.7% |
| 2015 | 20.6% | +3.1% |
| 2016 | 17.4% | -15.8% |
| 2017 | 17.6% | +1.7% |
| 2018 | 16.7% | -5.1% |
| 2019 | 15.8% | -5.5% |
| 2020 | 17.8% | +12.4% |
| 2021 | 21.2% | +19.3% |
| 2022 | 21.1% | -0.6% |
| 2023 | 20.6% | -2.4% |
| 2024 | 21.4% | +3.8% |
| 2025 | 21.4% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.5% | 12.5% | 44.3% | 10 |
| 2000s | 33.3% | 20.8% | 46.8% | 10 |
| 2010s | 22.3% | 15.8% | 39.4% | 10 |
| 2020s | 20.6% | 17.8% | 21.4% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -23.7 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3514 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,329 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -120.54 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -117.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.86 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 30.71 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 290,928 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Armenia?
- Gross fixed capital formation in Armenia was 21.4% 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 46.8% in 2008.
- What is the lowest gross fixed capital formation recorded in Armenia?
- The lowest recorded value was 12.5% in 1993.
- How does Armenia rank for gross fixed capital formation?
- Armenia ranks 106th 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 3.9%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.