Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Armenia
Armenia: Gross Fixed Capital Formation — Value US$, annual growth rate (US) was 11.27 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Armenia, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Armenia recorded 11.27 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.
The figure is down 49.4% on the previous year and up 803.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Armenia peaked at 79.77 % change on previous year in 1994 and was at its lowest, -64.06 % change on previous year, in 1992.
Armenia ranks 38th of 235 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -64.06 % change on previous year | — |
| 1993 | -31.03 % change on previous year | -51.6% |
| 1994 | 79.77 % change on previous year | -357.1% |
| 1995 | -11.79 % change on previous year | -114.8% |
| 1996 | 37.42 % change on previous year | -417.4% |
| 1997 | -7.03 % change on previous year | -118.8% |
| 1998 | 15.55 % change on previous year | -321.3% |
| 1999 | -1.24 % change on previous year | -108.0% |
| 2000 | 16.3 % change on previous year | -1410.9% |
| 2001 | 6.35 % change on previous year | -61.1% |
| 2002 | 33.74 % change on previous year | +431.6% |
| 2003 | 28.8 % change on previous year | -14.6% |
| 2004 | 32.22 % change on previous year | +11.9% |
| 2005 | 71.07 % change on previous year | +120.6% |
| 2006 | 55.36 % change on previous year | -22.1% |
| 2007 | 49.9 % change on previous year | -9.9% |
| 2008 | 36.37 % change on previous year | -27.1% |
| 2009 | -32.1 % change on previous year | -188.3% |
| 2010 | -1.68 % change on previous year | -94.8% |
| 2011 | -14.51 % change on previous year | +763.2% |
| 2012 | -11.34 % change on previous year | -21.8% |
| 2013 | -5.86 % change on previous year | -48.3% |
| 2014 | -1.6 % change on previous year | -72.7% |
| 2015 | -6.29 % change on previous year | +292.5% |
| 2016 | -15.85 % change on previous year | +151.9% |
| 2017 | 11.14 % change on previous year | -170.3% |
| 2018 | 2.51 % change on previous year | -77.4% |
| 2019 | 3.28 % change on previous year | +30.4% |
| 2020 | 4.32 % change on previous year | +31.6% |
| 2021 | 30.97 % change on previous year | +617.7% |
| 2022 | 39.71 % change on previous year | +28.2% |
| 2023 | 22.28 % change on previous year | -43.9% |
| 2024 | 11.27 % change on previous year | -49.4% |
Armenia compared with similar countries
- Armenia's 11.27 % change on previous year is above the median for upper middle income countries, which is 6.05 % change on previous year, 1.9× the median. (54 countries reporting)
- Armenia's 11.27 % change on previous year is above the median for Europe & Central Asia, which is 4.16 % change on previous year, 2.7× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +1410.9% | -1.24 % change on previous year | 16.3 % change on previous year |
| 2011 | -763.2% | -1.68 % change on previous year | -14.51 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2 % change on previous year | -64.06 % change on previous year | 79.77 % change on previous year | 8 |
| 2000s | 29.8 % change on previous year | -32.1 % change on previous year | 71.07 % change on previous year | 10 |
| 2010s | -4.02 % change on previous year | -15.85 % change on previous year | 11.14 % change on previous year | 10 |
| 2020s | 21.71 % change on previous year | 4.32 % change on previous year | 39.71 % change on previous year | 5 |
Countries ranked near Armenia
- 35 Sao Tome and Principe 12.55 % change on previous year compare
- 36 Albania 12.2 % change on previous year compare
- 37 Djibouti 11.87 % change on previous year compare
- 39 Botswana 11.08 % change on previous year compare
- 40 Benin 10.94 % change on previous year compare
- 41 Serbia 10.69 % change on previous year compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Armenia?
- Gross fixed capital formation — value us$, annual growth rate in Armenia was 11.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Armenia?
- The highest recorded value was 79.77 % change on previous year in 1994.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Armenia?
- The lowest recorded value was -64.06 % change on previous year in 1992.
- How does Armenia rank for gross fixed capital formation — value us$, annual growth rate?
- Armenia ranks 38th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 803.2%. 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$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.