Gross fixed capital formation, Private sector … Private Percent in Armenia
Armenia: Gross fixed capital formation, Private sector … Private Percent was 6.69 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Armenia, 1990–2019
Source: International Monetary Fund.
Analysis
Armenia recorded 6.69 for gross fixed capital formation, private sector, constant prices in 2019.
That represents a change of down 7.4% on the previous year and down 47.6% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Armenia peaked at 15.76 in 2008 and was at its lowest, 4.25, in 1993.
Armenia ranks 155th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross fixed capital formation, Private sector … Private Percent in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 15.31 | — |
| 1991 | 9.81 | -36.0% |
| 1992 | 5.84 | -40.4% |
| 1993 | 4.25 | -27.2% |
| 1994 | 7 | +64.5% |
| 1995 | 4.54 | -35.2% |
| 1996 | 6.29 | +38.7% |
| 1997 | 6.36 | +1.1% |
| 1998 | 5.97 | -6.2% |
| 1999 | 5.87 | -1.6% |
| 2000 | 7.1 | +20.9% |
| 2001 | 6.81 | -4.0% |
| 2002 | 7.75 | +13.7% |
| 2003 | 8.41 | +8.5% |
| 2004 | 10.38 | +23.4% |
| 2005 | 12 | +15.6% |
| 2006 | 14.59 | +21.7% |
| 2007 | 14.36 | -1.6% |
| 2008 | 15.76 | +9.7% |
| 2009 | 12.76 | -19.0% |
| 2010 | 11.97 | -6.2% |
| 2011 | 10.27 | -14.2% |
| 2012 | 9.87 | -3.9% |
| 2013 | 8.98 | -9.1% |
| 2014 | 8.4 | -6.5% |
| 2015 | 8.1 | -3.5% |
| 2016 | 6.87 | -15.2% |
| 2017 | 6.57 | -4.4% |
| 2018 | 7.22 | +9.9% |
| 2019 | 6.69 | -7.4% |
Armenia compared with similar countries
- Armenia's 6.69 is below the median for upper middle income countries, which is 14.94, 45% of the median. (50 countries reporting)
- Armenia's 6.69 is below the median for Europe & Central Asia, which is 16.1, 42% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.12 | 4.25 | 15.31 | 10 |
| 2000s | 10.99 | 6.81 | 15.76 | 10 |
| 2010s | 8.49 | 6.57 | 11.97 | 10 |
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, private sector, constant prices in Armenia?
- Gross fixed capital formation, private sector, constant prices in Armenia was 6.69 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Armenia?
- The highest recorded value was 15.76 in 2008.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Armenia?
- The lowest recorded value was 4.25 in 1993.
- How does Armenia rank for gross fixed capital formation, private sector, constant prices?
- Armenia ranks 155th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Armenia?
- Over the last ten years it is down 47.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.