Gross Fixed Capital Formation — Value Standard Local Currency, annual in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 11.34 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Armenia, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Armenia is 11.34 % change on previous year, measured in 2024.
Compared with earlier readings it is up 11.7% on the previous year and up 12,583.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Armenia peaked at 892.61 % change on previous year in 1993 and was at its lowest, -19.38 % change on previous year, in 2009.
That places Armenia 45th out of 230 countries with data for 2024, putting it 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, annual in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 133.35 % change on previous year | — |
| 1993 | 892.61 % change on previous year | +569.4% |
| 1995 | 122.86 % change on previous year | -86.2% |
| 1996 | 40.17 % change on previous year | -67.3% |
| 1997 | 10.22 % change on previous year | -74.6% |
| 1998 | 18.87 % change on previous year | +84.6% |
| 1999 | 4.65 % change on previous year | -75.3% |
| 2000 | 17.27 % change on previous year | +271.0% |
| 2001 | 9.41 % change on previous year | -45.5% |
| 2002 | 38.14 % change on previous year | +305.2% |
| 2003 | 30.01 % change on previous year | -21.3% |
| 2004 | 21.86 % change on previous year | -27.1% |
| 2005 | 46.77 % change on previous year | +113.9% |
| 2006 | 41.23 % change on previous year | -11.9% |
| 2007 | 23.25 % change on previous year | -43.6% |
| 2008 | 21.97 % change on previous year | -5.5% |
| 2009 | -19.38 % change on previous year | -188.2% |
| 2010 | 1.13 % change on previous year | -105.8% |
| 2011 | -14.77 % change on previous year | -1409.4% |
| 2012 | -4.38 % change on previous year | -70.4% |
| 2013 | -4.02 % change on previous year | -8.2% |
| 2014 | -0.0909 % change on previous year | -97.7% |
| 2015 | 7.68 % change on previous year | -8551.1% |
| 2016 | -15.4 % change on previous year | -300.5% |
| 2017 | 11.65 % change on previous year | -175.7% |
| 2018 | 2.57 % change on previous year | -77.9% |
| 2019 | 2.74 % change on previous year | +6.3% |
| 2020 | 6.17 % change on previous year | +125.7% |
| 2021 | 34.93 % change on previous year | +465.6% |
| 2022 | 20.82 % change on previous year | -40.4% |
| 2023 | 10.15 % change on previous year | -51.2% |
| 2024 | 11.34 % change on previous year | +11.7% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 2015 | +8551.1% | -0.0909 % change on previous year | 7.68 % change on previous year |
| 2011 | -1409.4% | 1.13 % change on previous year | -14.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 174.68 % change on previous year | 4.65 % change on previous year | 892.61 % change on previous year | 7 |
| 2000s | 23.05 % change on previous year | -19.38 % change on previous year | 46.77 % change on previous year | 10 |
| 2010s | -1.29 % change on previous year | -15.4 % change on previous year | 11.65 % change on previous year | 10 |
| 2020s | 16.68 % change on previous year | 6.17 % change on previous year | 34.93 % change on previous year | 5 |
Countries ranked near Armenia
- 42 South Sudan 12.28 % change on previous year compare
- 43 Djibouti 11.87 % change on previous year compare
- 44 Brazil 11.39 % change on previous year compare
- 46 Benin 10.88 % change on previous year compare
- 47 Botswana 10.81 % change on previous year compare
- 48 Puerto Rico 10.51 % change on previous year 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, annual in Armenia?
- Gross fixed capital formation — value standard local currency, annual in Armenia was 11.34 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Armenia?
- The highest recorded value was 892.61 % change on previous year in 1993.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Armenia?
- The lowest recorded value was -19.38 % change on previous year in 2009.
- How does Armenia rank for gross fixed capital formation — value standard local currency, annual?
- Armenia ranks 45th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Armenia?
- Over the last ten years it is up 12,583.7%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.