Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.6191 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Armenia recorded 0.6191 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 34 years on record.
The figure is up 8.6% on the previous year and up 83.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Armenia peaked at 0.6191 million SLC per person in 2024 and was at its lowest, 0.0486 million SLC per person, in 1993.
Armenia ranks 22nd of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0.2015 million SLC per person | — |
| 1992 | 0.0708 million SLC per person | -64.9% |
| 1993 | 0.0486 million SLC per person | -31.4% |
| 1994 | 0.0864 million SLC per person | +77.8% |
| 1995 | 0.075 million SLC per person | -13.2% |
| 1996 | 0.0835 million SLC per person | +11.3% |
| 1997 | 0.0861 million SLC per person | +3.1% |
| 1998 | 0.0976 million SLC per person | +13.4% |
| 1999 | 0.0994 million SLC per person | +1.9% |
| 2000 | 0.1136 million SLC per person | +14.3% |
| 2001 | 0.12 million SLC per person | +5.6% |
| 2002 | 0.1603 million SLC per person | +33.6% |
| 2003 | 0.2055 million SLC per person | +28.2% |
| 2004 | 0.2459 million SLC per person | +19.7% |
| 2005 | 0.3194 million SLC per person | +29.9% |
| 2006 | 0.4298 million SLC per person | +34.6% |
| 2007 | 0.5111 million SLC per person | +18.9% |
| 2008 | 0.5756 million SLC per person | +12.6% |
| 2009 | 0.4327 million SLC per person | -24.8% |
| 2010 | 0.423 million SLC per person | -2.2% |
| 2011 | 0.3757 million SLC per person | -11.2% |
| 2012 | 0.3689 million SLC per person | -1.8% |
| 2013 | 0.3432 million SLC per person | -7.0% |
| 2014 | 0.3367 million SLC per person | -1.9% |
| 2015 | 0.346 million SLC per person | +2.8% |
| 2016 | 0.3079 million SLC per person | -11.0% |
| 2017 | 0.3392 million SLC per person | +10.2% |
| 2018 | 0.3567 million SLC per person | +5.2% |
| 2019 | 0.3731 million SLC per person | +4.6% |
| 2020 | 0.3678 million SLC per person | -1.4% |
| 2021 | 0.4546 million SLC per person | +23.6% |
| 2022 | 0.5169 million SLC per person | +13.7% |
| 2023 | 0.5702 million SLC per person | +10.3% |
| 2024 | 0.6191 million SLC per person | +8.6% |
Armenia compared with similar countries
- Armenia's 0.6191 million SLC per person is above the median for upper middle income countries, which is 0.0117 million SLC per person, 52.8× the median. (54 countries reporting)
- Armenia's 0.6191 million SLC per person is above the median for Europe & Central Asia, which is 0.0098 million SLC per person, 63.4× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1994 | +77.8% | 0.0486 million SLC per person | 0.0864 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0943 million SLC per person | 0.0486 million SLC per person | 0.2015 million SLC per person | 9 |
| 2000s | 0.3114 million SLC per person | 0.1136 million SLC per person | 0.5756 million SLC per person | 10 |
| 2010s | 0.357 million SLC per person | 0.3079 million SLC per person | 0.423 million SLC per person | 10 |
| 2020s | 0.5057 million SLC per person | 0.3678 million SLC per person | 0.6191 million SLC per person | 5 |
Countries ranked near Armenia
- 19 Kazakhstan 0.7595 million SLC per person compare
- 20 Uganda 0.7224 million SLC per person compare
- 21 Guyana 0.6722 million SLC per person compare
- 23 Iraq 0.5651 million SLC per person compare
- 24 French Polynesia 0.4959 million SLC per person compare
- 25 Myanmar 0.4842 million SLC per person compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Armenia?
- Gross fixed capital formation — value standard local currency, 2015 in Armenia was 0.6191 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Armenia?
- The highest recorded value was 0.6191 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Armenia?
- The lowest recorded value was 0.0486 million SLC per person in 1993.
- How does Armenia rank for gross fixed capital formation — value standard local currency, 2015?
- Armenia ranks 22nd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Armenia?
- Over the last ten years it is up 83.9%. 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 — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.