Gross Fixed Capital Formation — Value US$, per capita in Armenia

Armenia: Gross Fixed Capital Formation — Value US$, per capita was 0.0018 million USD per person in 2024. ◆ Volatile

Latest (2024)
0.0018 million USD per person
Change on year
up 8.7%
World rank
100th
of 194 countries
All-time high
0.0018 million USD per person
in 2024
All-time low
0 million USD per person
in 1993
Years of data
34
1991–2024

Gross Fixed Capital Formation — Value US$, per capita in Armenia, 1991–2024

00.0010.0010.0020.0021991200720241991: 0 million USD per person1992: 0 million USD per person1993: 0 million USD per person1994: 0 million USD per person1995: 0 million USD per person1996: 0 million USD per person1997: 0 million USD per person1998: 0 million USD per person1999: 0 million USD per person2000: 0 million USD per person2001: 0 million USD per person2002: 0 million USD per person2003: 0 million USD per person2004: 0 million USD per person2005: 0 million USD per person2006: 0.001 million USD per person2007: 0.001 million USD per person2008: 0.002 million USD per person2009: 0.001 million USD per person2010: 0.001 million USD per person2011: 0.001 million USD per person2012: 0.001 million USD per person2013: 0.001 million USD per person2014: 0.001 million USD per person2015: 0.001 million USD per person2016: 0.001 million USD per person2017: 0.001 million USD per person2018: 0.001 million USD per person2019: 0.001 million USD per person2020: 0.001 million USD per person2021: 0.001 million USD per person2022: 0.001 million USD per person2023: 0.002 million USD per person2024: 0.002 million USD per person

Source: Statizoid (derived). Measured in million USD per person.

Analysis

In 2024, gross fixed capital formation — value us$, per capita in Armenia stood at 0.0018 million USD per person. That is the highest value across all 34 years on record.

That represents a change of up 8.7% on the previous year and up 139.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, per capita in Armenia peaked at 0.0018 million USD per person in 2024 and was at its lowest, 0 million USD per person, in 1993.

That places Armenia 100th out of 194 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.

Gross Fixed Capital Formation — Value US$, per capita in Armenia, year by year

Annual values for Gross Fixed Capital Formation — Value US$, per capita in Armenia, 1991 to 2024.
Year million USD per person Change
1991 0.0002 million USD per person
1992 0.0001 million USD per person -63.6%
1993 0 million USD per person -28.7%
1994 0.0001 million USD per person +84.5%
1995 0.0001 million USD per person -10.3%
1996 0.0001 million USD per person +38.6%
1997 0.0001 million USD per person -6.1%
1998 0.0001 million USD per person +16.9%
1999 0.0001 million USD per person +0.0%
2000 0.0001 million USD per person +14.4%
2001 0.0001 million USD per person +6.7%
2002 0.0002 million USD per person +34.2%
2003 0.0002 million USD per person +29.5%
2004 0.0003 million USD per person +33.0%
2005 0.0005 million USD per person +72.1%
2006 0.0008 million USD per person +56.3%
2007 0.0012 million USD per person +50.8%
2008 0.0016 million USD per person +37.3%
2009 0.0011 million USD per person -31.6%
2010 0.0011 million USD per person -1.0%
2011 0.0009 million USD per person -14.0%
2012 0.0008 million USD per person -11.2%
2013 0.0008 million USD per person -5.8%
2014 0.0008 million USD per person -1.3%
2015 0.0007 million USD per person -6.0%
2016 0.0006 million USD per person -15.5%
2017 0.0007 million USD per person +11.6%
2018 0.0007 million USD per person +2.9%
2019 0.0007 million USD per person +3.5%
2020 0.0008 million USD per person +4.4%
2021 0.001 million USD per person +30.9%
2022 0.0014 million USD per person +39.4%
2023 0.0017 million USD per person +22.5%
2024 0.0018 million USD per person +8.7%

Armenia compared with similar countries

  • Armenia's 0.0018 million USD per person is above the median for upper middle income countries, which is 0.0018 million USD per person, 1.0× the median. (54 countries reporting)
  • Armenia's 0.0018 million USD per person is below the median for Europe & Central Asia, which is 0.0056 million USD per person, 33% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0001 million USD per person 0 million USD per person 0.0002 million USD per person 9
2000s 0.0006 million USD per person 0.0001 million USD per person 0.0016 million USD per person 10
2010s 0.0008 million USD per person 0.0006 million USD per person 0.0011 million USD per person 10
2020s 0.0013 million USD per person 0.0008 million USD per person 0.0018 million USD per person 5

Countries ranked near Armenia

  1. 97 Mongolia 0.0019 million USD per person compare
  2. 98 Algeria 0.0019 million USD per person compare
  3. 99 Bhutan 0.0019 million USD per person compare
  4. 101 Peru 0.0018 million USD per person compare
  5. 102 Brazil 0.0018 million USD per person compare
  6. 103 Jamaica 0.0017 million USD per person compare

See the full ranking of 195 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross fixed capital formation — value us$, per capita in Armenia?
Gross fixed capital formation — value us$, per capita in Armenia was 0.0018 million USD per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, per capita recorded in Armenia?
The highest recorded value was 0.0018 million USD per person in 2024.
What is the lowest gross fixed capital formation — value us$, per capita recorded in Armenia?
The lowest recorded value was 0 million USD per person in 1993.
How does Armenia rank for gross fixed capital formation — value us$, per capita?
Armenia ranks 100th out of 194 countries with data for 2024.
Is gross fixed capital formation — value us$, per capita rising or falling in Armenia?
Over the last ten years it is up 139.4%. 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$, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, per capita in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-per-capita/armenia/

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How this figure is calculated

Gross Fixed Capital Formation — Value US$ divided by Population, total, 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$ ÷ Population, total

Computed from

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

Indicator
Gross Fixed Capital Formation — Value US$, per capita
Unit
million USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 10,004 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.