Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.7242 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Armenia stood at 0.7242 million SLC per person. That is the highest value across all 34 years on record.
The figure is up 8.8% on the previous year and up 126.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Armenia peaked at 0.7242 million SLC per person in 2024 and was at its lowest, 0 million SLC per person, in 1991.
Armenia ranks 24th 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, per in Armenia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0 million SLC per person | — |
| 1992 | 0 million SLC per person | +136.1% |
| 1993 | 0.0002 million SLC per person | +926.7% |
| 1994 | 0.012 million SLC per person | +7797.3% |
| 1995 | 0.0272 million SLC per person | +126.7% |
| 1996 | 0.0385 million SLC per person | +41.4% |
| 1997 | 0.0429 million SLC per person | +11.3% |
| 1998 | 0.0516 million SLC per person | +20.3% |
| 1999 | 0.0547 million SLC per person | +6.0% |
| 2000 | 0.063 million SLC per person | +15.3% |
| 2001 | 0.0692 million SLC per person | +9.7% |
| 2002 | 0.0959 million SLC per person | +38.7% |
| 2003 | 0.1254 million SLC per person | +30.7% |
| 2004 | 0.1536 million SLC per person | +22.5% |
| 2005 | 0.2268 million SLC per person | +47.6% |
| 2006 | 0.3223 million SLC per person | +42.1% |
| 2007 | 0.3998 million SLC per person | +24.0% |
| 2008 | 0.4908 million SLC per person | +22.8% |
| 2009 | 0.3984 million SLC per person | -18.8% |
| 2010 | 0.4057 million SLC per person | +1.8% |
| 2011 | 0.3477 million SLC per person | -14.3% |
| 2012 | 0.3329 million SLC per person | -4.3% |
| 2013 | 0.3198 million SLC per person | -4.0% |
| 2014 | 0.3204 million SLC per person | +0.2% |
| 2015 | 0.346 million SLC per person | +8.0% |
| 2016 | 0.2939 million SLC per person | -15.0% |
| 2017 | 0.3296 million SLC per person | +12.1% |
| 2018 | 0.3393 million SLC per person | +2.9% |
| 2019 | 0.3493 million SLC per person | +3.0% |
| 2020 | 0.371 million SLC per person | +6.2% |
| 2021 | 0.5005 million SLC per person | +34.9% |
| 2022 | 0.6033 million SLC per person | +20.5% |
| 2023 | 0.6656 million SLC per person | +10.3% |
| 2024 | 0.7242 million SLC per person | +8.8% |
Armenia compared with similar countries
- Armenia's 0.7242 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 24.8× the median. (54 countries reporting)
- Armenia's 0.7242 million SLC per person is above the median for Europe & Central Asia, which is 0.0141 million SLC per person, 51.4× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +7797.3% | 0.0002 million SLC per person | 0.012 million SLC per person |
| 1993 | +926.7% | 0 million SLC per person | 0.0002 million SLC per person |
| 1992 | +136.1% | 0 million SLC per person | 0 million SLC per person |
| 1995 | +126.7% | 0.012 million SLC per person | 0.0272 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0252 million SLC per person | 0 million SLC per person | 0.0547 million SLC per person | 9 |
| 2000s | 0.2345 million SLC per person | 0.063 million SLC per person | 0.4908 million SLC per person | 10 |
| 2010s | 0.3385 million SLC per person | 0.2939 million SLC per person | 0.4057 million SLC per person | 10 |
| 2020s | 0.5729 million SLC per person | 0.371 million SLC per person | 0.7242 million SLC per person | 5 |
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)
- 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, per in Armenia?
- Gross fixed capital formation — value standard local currency, per in Armenia was 0.7242 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Armenia?
- The highest recorded value was 0.7242 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Armenia?
- The lowest recorded value was 0 million SLC per person in 1991.
- How does Armenia rank for gross fixed capital formation — value standard local currency, per?
- Armenia ranks 24th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Armenia?
- Over the last ten years it is up 126.1%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.