Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Armenia
Armenia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.1254 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Armenia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Armenia is 0.1254 million USD per square kilometre, measured in 2023.
That represents a change of up 10.1% on the previous year and up 64.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Armenia peaked at 0.1306 million USD per square kilometre in 2008 and was at its lowest, 0.0123 million USD per square kilometre, in 1993.
That places Armenia 91st out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Armenia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0186 million USD per square kilometre | — |
| 1993 | 0.0123 million USD per square kilometre | -33.6% |
| 1994 | 0.0214 million USD per square kilometre | +73.3% |
| 1995 | 0.0182 million USD per square kilometre | -14.7% |
| 1996 | 0.0201 million USD per square kilometre | +10.3% |
| 1997 | 0.0205 million USD per square kilometre | +2.1% |
| 1998 | 0.023 million USD per square kilometre | +12.0% |
| 1999 | 0.0231 million USD per square kilometre | +0.6% |
| 2000 | 0.0269 million USD per square kilometre | +16.2% |
| 2001 | 0.0283 million USD per square kilometre | +5.3% |
| 2002 | 0.0377 million USD per square kilometre | +33.1% |
| 2003 | 0.0481 million USD per square kilometre | +27.5% |
| 2004 | 0.0572 million USD per square kilometre | +19.0% |
| 2005 | 0.0739 million USD per square kilometre | +29.1% |
| 2006 | 0.0988 million USD per square kilometre | +33.7% |
| 2007 | 0.1167 million USD per square kilometre | +18.2% |
| 2008 | 0.1306 million USD per square kilometre | +11.9% |
| 2009 | 0.0975 million USD per square kilometre | -25.4% |
| 2010 | 0.0947 million USD per square kilometre | -2.9% |
| 2011 | 0.0836 million USD per square kilometre | -11.7% |
| 2012 | 0.082 million USD per square kilometre | -1.9% |
| 2013 | 0.0762 million USD per square kilometre | -7.0% |
| 2014 | 0.0746 million USD per square kilometre | -2.2% |
| 2015 | 0.0764 million USD per square kilometre | +2.5% |
| 2016 | 0.0677 million USD per square kilometre | -11.4% |
| 2017 | 0.0743 million USD per square kilometre | +9.7% |
| 2018 | 0.0778 million USD per square kilometre | +4.8% |
| 2019 | 0.0812 million USD per square kilometre | +4.4% |
| 2020 | 0.0808 million USD per square kilometre | -0.5% |
| 2021 | 0.0999 million USD per square kilometre | +23.6% |
| 2022 | 0.1139 million USD per square kilometre | +14.0% |
| 2023 | 0.1254 million USD per square kilometre | +10.1% |
Armenia compared with similar countries
- Armenia's 0.1254 million USD per square kilometre is above the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 1.3× the median. (54 countries reporting)
- Armenia's 0.1254 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 46% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0197 million USD per square kilometre | 0.0123 million USD per square kilometre | 0.0231 million USD per square kilometre | 8 |
| 2000s | 0.0716 million USD per square kilometre | 0.0269 million USD per square kilometre | 0.1306 million USD per square kilometre | 10 |
| 2010s | 0.0789 million USD per square kilometre | 0.0677 million USD per square kilometre | 0.0947 million USD per square kilometre | 10 |
| 2020s | 0.105 million USD per square kilometre | 0.0808 million USD per square kilometre | 0.1254 million USD per square kilometre | 4 |
Countries ranked near Armenia
- 88 Rwanda 0.1354 million USD per square kilometre compare
- 89 Azerbaijan 0.135 million USD per square kilometre compare
- 90 Guatemala 0.1255 million USD per square kilometre compare
- 92 Latvia 0.1251 million USD per square kilometre compare
- 93 Uzbekistan 0.1159 million USD per square kilometre compare
- 94 North Macedonia 0.1149 million USD 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Armenia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Armenia was 0.1254 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Armenia?
- The highest recorded value was 0.1306 million USD per square kilometre in 2008.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Armenia?
- The lowest recorded value was 0.0123 million USD per square kilometre in 1993.
- How does Armenia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Armenia ranks 91st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Armenia?
- Over the last ten years it is up 64.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
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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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.