Gross fixed capital formation, Private sector, Current prices in Armenia

Armenia: Gross fixed capital formation, Private sector, Current prices was -1.94 % change on previous year in 2019. ◆ Volatile

Latest (2019)
-1.94 % change on previous year
Change on year
down 114.7%
World rank
145th
of 174 countries
All-time high
892.62 % change on previous year
in 1993
All-time low
-24.94 % change on previous year
in 2009
Years of data
28
1991–2019

Gross fixed capital formation, Private sector, Current prices in Armenia, 1991–2019

02004006008001991200520191991: 1.7 % change on previous year1992: 133.3 % change on previous year1993: 892.6 % change on previous year1995: 81 % change on previous year1996: 86.7 % change on previous year1997: 12.7 % change on previous year1998: 6.9 % change on previous year1999: 5.7 % change on previous year2000: 29.1 % change on previous year2001: 9.3 % change on previous year2002: 35.8 % change on previous year2003: 26.2 % change on previous year2004: 39.6 % change on previous year2005: 49.6 % change on previous year2006: 45.4 % change on previous year2007: 16.8 % change on previous year2008: 27.9 % change on previous year2009: -24.9 % change on previous year2010: -0.13 % change on previous year2011: -13.3 % change on previous year2012: 0.451 % change on previous year2013: -3.1 % change on previous year2014: -0.975 % change on previous year2015: 4.7 % change on previous year2016: -18.9 % change on previous year2017: 4.7 % change on previous year2018: 13.1 % change on previous year2019: -1.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation, private sector, current prices in Armenia is -1.94 % change on previous year, measured in 2019.

Compared with earlier readings it is down 114.7% on the previous year and up 92.2% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in Armenia peaked at 892.62 % change on previous year in 1993 and was at its lowest, -24.94 % change on previous year, in 2009.

That places Armenia 145th out of 174 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, Current prices in Armenia, year by year

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate in Armenia, 1991 to 2019.
Year % change on previous year Change
1991 1.7 % change on previous year —
1992 133.35 % change on previous year +7726.4%
1993 892.62 % change on previous year +569.4%
1995 80.99 % change on previous year -90.9%
1996 86.72 % change on previous year +7.1%
1997 12.74 % change on previous year -85.3%
1998 6.85 % change on previous year -46.2%
1999 5.72 % change on previous year -16.6%
2000 29.14 % change on previous year +409.8%
2001 9.28 % change on previous year -68.1%
2002 35.77 % change on previous year +285.4%
2003 26.22 % change on previous year -26.7%
2004 39.55 % change on previous year +50.8%
2005 49.63 % change on previous year +25.5%
2006 45.43 % change on previous year -8.5%
2007 16.75 % change on previous year -63.1%
2008 27.89 % change on previous year +66.5%
2009 -24.94 % change on previous year -189.4%
2010 -0.1299 % change on previous year -99.5%
2011 -13.34 % change on previous year +10169.6%
2012 0.4506 % change on previous year -103.4%
2013 -3.08 % change on previous year -784.0%
2014 -0.9751 % change on previous year -68.4%
2015 4.7 % change on previous year -582.5%
2016 -18.88 % change on previous year -501.4%
2017 4.66 % change on previous year -124.7%
2018 13.13 % change on previous year +181.7%
2019 -1.94 % change on previous year -114.7%

Armenia compared with similar countries

  • Armenia's -1.94 % change on previous year is below the median for upper middle income countries, which is 5.31 % change on previous year. (50 countries reporting)
  • Armenia's -1.94 % change on previous year is below the median for Europe & Central Asia, which is 6.65 % change on previous year. (46 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation, Private sector, Current prices 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.

YearChange FromTo
2011 -10169.6% -0.1299 % change on previous year -13.34 % change on previous year
1992 +7726.4% 1.7 % change on previous year 133.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 152.59 % change on previous year 1.7 % change on previous year 892.62 % change on previous year 8
2000s 25.47 % change on previous year -24.94 % change on previous year 49.63 % change on previous year 10
2010s -1.54 % change on previous year -18.88 % change on previous year 13.13 % change on previous year 10

Countries ranked near Armenia

  1. 142 Mexico -1.24 % change on previous year compare
  2. 143 Mozambique -1.31 % change on previous year compare
  3. 144 Australia -1.75 % change on previous year compare
  4. 146 Eswatini -2.08 % change on previous year compare
  5. 147 Saint Kitts and Nevis -2.09 % change on previous year compare
  6. 148 Namibia -2.47 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in Armenia?
Gross fixed capital formation, private sector, current prices in Armenia was -1.94 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross fixed capital formation, private sector, current prices recorded in Armenia?
The highest recorded value was 892.62 % change on previous year in 1993.
What is the lowest gross fixed capital formation, private sector, current prices recorded in Armenia?
The lowest recorded value was -24.94 % change on previous year in 2009.
How does Armenia rank for gross fixed capital formation, private sector, current prices?
Armenia ranks 145th out of 174 countries with data for 2019.
Is gross fixed capital formation, private sector, current prices rising or falling in Armenia?
Over the last ten years it is up 92.2%. 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, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/armenia/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.