Gross Fixed Capital Formation — Value US$, 2015 prices in Armenia
Armenia: Gross Fixed Capital Formation — Value US$, 2015 prices was 3,930 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Armenia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Armenia recorded 3,930 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 85.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Armenia peaked at 3,930 million USD in 2024 and was at its lowest, 351.09 million USD, in 1993.
That places Armenia 119th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 666.93 million USD | 351.09 million USD | 1,524 million USD | 9 |
| 2000s | 2,037 million USD | 765.59 million USD | 3,718 million USD | 10 |
| 2010s | 2,245 million USD | 1,928 million USD | 2,695 million USD | 10 |
| 2020s | 3,155 million USD | 2,279 million USD | 3,930 million USD | 5 |
Countries ranked near Armenia
- 116 Mali 4,296 million USD compare
- 117 Albania 4,145 million USD compare
- 118 Brunei Darussalam 3,999 million USD compare
- 120 Rwanda 3,780 million USD compare
- 121 Burkina Faso 3,694 million USD compare
- 122 Madagascar 3,609 million USD compare
More economy & growth data for Armenia
- External balance on goods and services as a percent of gdp -5.51 (2025)
- Inflation of consumer prices 3.31 (2025)
- Gdp per capita worldbank constant usd 5,666 (2025)
- Manufacturing value added to gdp 10.99 (2025)
- Gdp worldbank constant usd 17.49 billion (2025)
- Gdp per capita in international and market dollars 5,666 (2025)
- DEC alternative conversion factor 387.01 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 134.65 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 347.93 million current US$ (2025)
- Taxes less subsidies on products 1.20 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Armenia?
- Gross fixed capital formation — value us$, 2015 prices in Armenia was 3,930 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Armenia?
- The highest recorded value was 3,930 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Armenia?
- The lowest recorded value was 351.09 million USD in 1993.
- How does Armenia rank for gross fixed capital formation — value us$, 2015 prices?
- Armenia ranks 119th out of 200 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Armenia?
- Over the last ten years it is up 85.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).