Gross fixed capital formation, Private sector, Constant prices in Armenia
Armenia: Gross fixed capital formation, Private sector, Constant prices was 2.89 in 2019. ◆ Volatile
Latest (2019)
2.89
Change on year
down 0.4%
World rank
132nd
of 173 countries
All-time high
5.14
in 2008
All-time low
0.3854
in 1993
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in Armenia, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Armenia is 2.89, measured in 2019.
The figure is down 0.4% on the previous year and down 19.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Armenia peaked at 5.14 in 2008 and was at its lowest, 0.3854, in 1993.
That places Armenia 132nd out of 173 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.5027 | — |
| 1961 | 0.5229 | +4.0% |
| 1962 | 0.5438 | +4.0% |
| 1963 | 0.5655 | +4.0% |
| 1964 | 0.5881 | +4.0% |
| 1965 | 0.6117 | +4.0% |
| 1966 | 0.6361 | +4.0% |
| 1967 | 0.6616 | +4.0% |
| 1968 | 0.688 | +4.0% |
| 1969 | 0.7156 | +4.0% |
| 1970 | 0.7442 | +4.0% |
| 1971 | 0.774 | +4.0% |
| 1972 | 0.8049 | +4.0% |
| 1973 | 0.8371 | +4.0% |
| 1974 | 0.8706 | +4.0% |
| 1975 | 0.9054 | +4.0% |
| 1976 | 0.9416 | +4.0% |
| 1977 | 0.9793 | +4.0% |
| 1978 | 1.02 | +4.0% |
| 1979 | 1.06 | +4.0% |
| 1980 | 1.1 | +4.0% |
| 1981 | 1.15 | +4.0% |
| 1982 | 1.19 | +4.0% |
| 1983 | 1.24 | +4.0% |
| 1984 | 1.29 | +4.0% |
| 1985 | 1.34 | +4.0% |
| 1986 | 1.39 | +4.0% |
| 1987 | 1.45 | +4.0% |
| 1988 | 1.51 | +4.0% |
| 1989 | 1.57 | +4.0% |
| 1990 | 2.96 | +88.6% |
| 1991 | 1.67 | -43.4% |
| 1992 | 0.5807 | -65.3% |
| 1993 | 0.3854 | -33.6% |
| 1994 | 0.6678 | +73.3% |
| 1995 | 0.4627 | -30.7% |
| 1996 | 0.6799 | +46.9% |
| 1997 | 0.7101 | +4.4% |
| 1998 | 0.7152 | +0.7% |
| 1999 | 0.7266 | +1.6% |
| 2000 | 0.9299 | +28.0% |
| 2001 | 0.9781 | +5.2% |
| 2002 | 1.28 | +30.9% |
| 2003 | 1.58 | +23.7% |
| 2004 | 2.16 | +36.3% |
| 2005 | 2.84 | +31.6% |
| 2006 | 3.91 | +37.7% |
| 2007 | 4.38 | +11.9% |
| 2008 | 5.14 | +17.3% |
| 2009 | 3.57 | -30.5% |
| 2010 | 3.43 | -4.1% |
| 2011 | 3.08 | -10.2% |
| 2012 | 3.17 | +3.0% |
| 2013 | 2.98 | -6.1% |
| 2014 | 2.88 | -3.0% |
| 2015 | 2.87 | -0.4% |
| 2016 | 2.44 | -15.0% |
| 2017 | 2.51 | +2.8% |
| 2018 | 2.9 | +15.6% |
| 2019 | 2.89 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6036 | 0.5027 | 0.7156 | 10 |
| 1970s | 0.8935 | 0.7442 | 1.06 | 10 |
| 1980s | 1.32 | 1.1 | 1.57 | 10 |
| 1990s | 0.9558 | 0.3854 | 2.96 | 10 |
| 2000s | 2.68 | 0.9299 | 5.14 | 10 |
| 2010s | 2.91 | 2.44 | 3.43 | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,465 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5394 constant 2015 US$ 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 2.89 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 5.14 in 2008.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Armenia?
- The lowest recorded value was 0.3854 in 1993.
- How does Armenia rank for gross fixed capital formation, private sector, constant prices?
- Armenia ranks 132nd 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 19.1%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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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.