Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 69.97 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Armenia stood at 69.97 million SLC per square kilometre. That is the highest value across all 32 years on record.
The figure is up 10.2% on the previous year and up 106.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Armenia peaked at 69.97 million SLC per square kilometre in 2023 and was at its lowest, 0.0019 million SLC per square kilometre, in 1992.
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 square kilometre | Change |
|---|---|---|
| 1992 | 0.0019 million SLC per square kilometre | — |
| 1993 | 0.0185 million SLC per square kilometre | +892.6% |
| 1994 | 1.42 million SLC per square kilometre | +7594.4% |
| 1995 | 3.16 million SLC per square kilometre | +122.9% |
| 1996 | 4.44 million SLC per square kilometre | +40.2% |
| 1997 | 4.89 million SLC per square kilometre | +10.2% |
| 1998 | 5.81 million SLC per square kilometre | +18.9% |
| 1999 | 6.08 million SLC per square kilometre | +4.7% |
| 2000 | 7.13 million SLC per square kilometre | +17.3% |
| 2001 | 7.8 million SLC per square kilometre | +9.4% |
| 2002 | 10.78 million SLC per square kilometre | +38.1% |
| 2003 | 14.02 million SLC per square kilometre | +30.0% |
| 2004 | 17.08 million SLC per square kilometre | +21.9% |
| 2005 | 25.07 million SLC per square kilometre | +46.8% |
| 2006 | 35.4 million SLC per square kilometre | +41.2% |
| 2007 | 43.64 million SLC per square kilometre | +23.2% |
| 2008 | 53.22 million SLC per square kilometre | +22.0% |
| 2009 | 42.91 million SLC per square kilometre | -19.4% |
| 2010 | 43.39 million SLC per square kilometre | +1.1% |
| 2011 | 36.98 million SLC per square kilometre | -14.8% |
| 2012 | 35.36 million SLC per square kilometre | -4.4% |
| 2013 | 33.94 million SLC per square kilometre | -4.0% |
| 2014 | 33.91 million SLC per square kilometre | -0.1% |
| 2015 | 36.52 million SLC per square kilometre | +7.7% |
| 2016 | 30.89 million SLC per square kilometre | -15.4% |
| 2017 | 34.49 million SLC per square kilometre | +11.7% |
| 2018 | 35.38 million SLC per square kilometre | +2.6% |
| 2019 | 36.35 million SLC per square kilometre | +2.7% |
| 2020 | 38.97 million SLC per square kilometre | +7.2% |
| 2021 | 52.58 million SLC per square kilometre | +34.9% |
| 2022 | 63.52 million SLC per square kilometre | +20.8% |
| 2023 | 69.97 million SLC per square kilometre | +10.2% |
Armenia compared with similar countries
- Armenia's 69.97 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 33.4× the median. (54 countries reporting)
- Armenia's 69.97 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 36.9× 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 | +7594.4% | 0.0185 million SLC per square kilometre | 1.42 million SLC per square kilometre |
| 1993 | +892.6% | 0.0019 million SLC per square kilometre | 0.0185 million SLC per square kilometre |
| 1995 | +122.9% | 1.42 million SLC per square kilometre | 3.16 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.23 million SLC per square kilometre | 0.0019 million SLC per square kilometre | 6.08 million SLC per square kilometre | 8 |
| 2000s | 25.71 million SLC per square kilometre | 7.13 million SLC per square kilometre | 53.22 million SLC per square kilometre | 10 |
| 2010s | 35.72 million SLC per square kilometre | 30.89 million SLC per square kilometre | 43.39 million SLC per square kilometre | 10 |
| 2020s | 56.26 million SLC per square kilometre | 38.97 million SLC per square kilometre | 69.97 million SLC per square kilometre | 4 |
Countries ranked near Armenia
- 21 Chile 90.44 million SLC per square kilometre compare
- 22 Sri Lanka 80.76 million SLC per square kilometre compare
- 23 Mauritius 76.76 million SLC per square kilometre compare
- 25 Jamaica 65.9 million SLC per square kilometre compare
- 26 Iraq 65.59 million SLC per square kilometre compare
- 27 Myanmar 65.49 million SLC per square kilometre 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, per in Armenia?
- Gross fixed capital formation — value standard local currency, per in Armenia was 69.97 million SLC per square kilometre in 2023, 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 69.97 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Armenia?
- The lowest recorded value was 0.0019 million SLC per square kilometre in 1992.
- How does Armenia rank for gross fixed capital formation — value standard local currency, per?
- Armenia ranks 24th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Armenia?
- Over the last ten years it is up 106.1%. 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 square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.