Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia
Armenia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0001 million SLC per US$ of GDP in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia, 1991–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Armenia is 0.0001 million SLC per US$ of GDP, measured in 2024.
The figure is up 3.8% on the previous year and up 1.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Armenia peaked at 0.0002 million SLC per US$ of GDP in 2006 and was at its lowest, 0 million SLC per US$ of GDP, in 1991.
Armenia ranks 38th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Armenia, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1991 | 0 million SLC per US$ of GDP | — |
| 1992 | 0 million SLC per US$ of GDP | +279.5% |
| 1993 | 0 million SLC per US$ of GDP | +951.7% |
| 1994 | 0 million SLC per US$ of GDP | +6928.3% |
| 1995 | 0.0001 million SLC per US$ of GDP | +99.6% |
| 1996 | 0.0001 million SLC per US$ of GDP | +28.9% |
| 1997 | 0.0001 million SLC per US$ of GDP | +7.4% |
| 1998 | 0.0001 million SLC per US$ of GDP | +2.9% |
| 1999 | 0.0001 million SLC per US$ of GDP | +7.4% |
| 2000 | 0.0001 million SLC per US$ of GDP | +13.2% |
| 2001 | 0.0001 million SLC per US$ of GDP | -1.3% |
| 2002 | 0.0001 million SLC per US$ of GDP | +23.2% |
| 2003 | 0.0001 million SLC per US$ of GDP | +10.1% |
| 2004 | 0.0001 million SLC per US$ of GDP | -4.4% |
| 2005 | 0.0001 million SLC per US$ of GDP | +7.1% |
| 2006 | 0.0002 million SLC per US$ of GDP | +8.4% |
| 2007 | 0.0001 million SLC per US$ of GDP | -14.5% |
| 2008 | 0.0001 million SLC per US$ of GDP | -3.7% |
| 2009 | 0.0001 million SLC per US$ of GDP | +8.7% |
| 2010 | 0.0001 million SLC per US$ of GDP | -5.6% |
| 2011 | 0.0001 million SLC per US$ of GDP | -22.2% |
| 2012 | 0.0001 million SLC per US$ of GDP | -8.7% |
| 2013 | 0.0001 million SLC per US$ of GDP | -8.4% |
| 2014 | 0.0001 million SLC per US$ of GDP | -4.3% |
| 2015 | 0.0001 million SLC per US$ of GDP | +18.5% |
| 2016 | 0.0001 million SLC per US$ of GDP | -15.3% |
| 2017 | 0.0001 million SLC per US$ of GDP | +2.1% |
| 2018 | 0.0001 million SLC per US$ of GDP | -5.1% |
| 2019 | 0.0001 million SLC per US$ of GDP | -6.0% |
| 2020 | 0.0001 million SLC per US$ of GDP | +14.4% |
| 2021 | 0.0001 million SLC per US$ of GDP | +22.9% |
| 2022 | 0.0001 million SLC per US$ of GDP | -14.1% |
| 2023 | 0.0001 million SLC per US$ of GDP | -11.1% |
| 2024 | 0.0001 million SLC per US$ of GDP | +3.8% |
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, 22.1× 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, 300.1× 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 | +6928.3% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1993 | +951.7% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1992 | +279.5% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1995 | +99.6% | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 9 |
| 2000s | 0.0001 million SLC per US$ of GDP | 0.0001 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
- 35 Burkina Faso 0.0001 million SLC per US$ of GDP compare
- 36 Mali 0.0001 million SLC per US$ of GDP compare
- 37 Hungary 0.0001 million SLC per US$ of GDP compare
- 39 Costa Rica 0.0001 million SLC per US$ of GDP compare
- 40 Angola 0.0001 million SLC per US$ of GDP compare
- 41 Equatorial Guinea 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Armenia?
- Gross fixed capital formation — value standard local currency, per in Armenia was 0.0001 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Armenia?
- The highest recorded value was 0.0002 million SLC per US$ of GDP in 2006.
- 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 US$ of GDP in 1991.
- How does Armenia rank for gross fixed capital formation — value standard local currency, per?
- Armenia ranks 38th out of 193 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 1.8%. The long-run trend across the full record is rising.
- 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.