Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0001 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Armenia stood at 0.0001 million SLC per US$ of GDP.
That represents a change of up 3.5% on the previous year and down 17.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Armenia peaked at 0.0004 million SLC per US$ of GDP in 1991 and was at its lowest, 0.0001 million SLC per US$ of GDP, in 2023.
Armenia ranks 33rd of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Armenia, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1991 | 0.0004 million SLC per US$ of GDP | — |
| 1992 | 0.0002 million SLC per US$ of GDP | -43.5% |
| 1993 | 0.0001 million SLC per US$ of GDP | -29.7% |
| 1994 | 0.0002 million SLC per US$ of GDP | +58.3% |
| 1995 | 0.0002 million SLC per US$ of GDP | -23.6% |
| 1996 | 0.0002 million SLC per US$ of GDP | +1.4% |
| 1997 | 0.0002 million SLC per US$ of GDP | -0.5% |
| 1998 | 0.0002 million SLC per US$ of GDP | -3.0% |
| 1999 | 0.0002 million SLC per US$ of GDP | +3.2% |
| 2000 | 0.0002 million SLC per US$ of GDP | +12.2% |
| 2001 | 0.0002 million SLC per US$ of GDP | -5.0% |
| 2002 | 0.0002 million SLC per US$ of GDP | +18.7% |
| 2003 | 0.0002 million SLC per US$ of GDP | +7.9% |
| 2004 | 0.0002 million SLC per US$ of GDP | -6.6% |
| 2005 | 0.0002 million SLC per US$ of GDP | -5.8% |
| 2006 | 0.0002 million SLC per US$ of GDP | +2.7% |
| 2007 | 0.0002 million SLC per US$ of GDP | -18.1% |
| 2008 | 0.0002 million SLC per US$ of GDP | -11.7% |
| 2009 | 0.0002 million SLC per US$ of GDP | +0.7% |
| 2010 | 0.0001 million SLC per US$ of GDP | -9.3% |
| 2011 | 0.0001 million SLC per US$ of GDP | -19.4% |
| 2012 | 0.0001 million SLC per US$ of GDP | -6.3% |
| 2013 | 0.0001 million SLC per US$ of GDP | -11.2% |
| 2014 | 0.0001 million SLC per US$ of GDP | -6.3% |
| 2015 | 0.0001 million SLC per US$ of GDP | +12.7% |
| 2016 | 0.0001 million SLC per US$ of GDP | -11.3% |
| 2017 | 0.0001 million SLC per US$ of GDP | +0.4% |
| 2018 | 0.0001 million SLC per US$ of GDP | -3.0% |
| 2019 | 0.0001 million SLC per US$ of GDP | -4.5% |
| 2020 | 0.0001 million SLC per US$ of GDP | +6.2% |
| 2021 | 0.0001 million SLC per US$ of GDP | +12.6% |
| 2022 | 0.0001 million SLC per US$ of GDP | -18.9% |
| 2023 | 0.0001 million SLC per US$ of GDP | -11.1% |
| 2024 | 0.0001 million SLC per US$ of GDP | +3.5% |
Armenia compared with similar countries
- Armenia's 0.0001 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 48.9× the median. (54 countries reporting)
- Armenia's 0.0001 million SLC per US$ of GDP is above the median for Europe & Central Asia, which is 0 million SLC per US$ of GDP, 369.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0002 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 9 |
| 2000s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2010s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2020s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 5 |
Countries ranked near Armenia
- 30 Iraq 0.0001 million SLC per US$ of GDP compare
- 31 Yemen 0.0001 million SLC per US$ of GDP compare
- 32 Chad 0.0001 million SLC per US$ of GDP compare
- 34 Costa Rica 0.0001 million SLC per US$ of GDP compare
- 35 Syria 0.0001 million SLC per US$ of GDP compare
- 36 Nigeria 0.0001 million SLC per US$ of GDP 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Armenia?
- Gross fixed capital formation — value standard local currency, 2015 in Armenia was 0.0001 million SLC per US$ of GDP 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 0.0004 million SLC per US$ of GDP in 1991.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Armenia?
- The lowest recorded value was 0.0001 million SLC per US$ of GDP in 2023.
- How does Armenia rank for gross fixed capital formation — value standard local currency, 2015?
- Armenia ranks 33rd out of 193 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 down 17.2%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.