Gross Fixed Capital Formation — Value US$, per square kilometre in Armenia
Armenia: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.1783 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Armenia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in Armenia is 0.1783 million USD per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 22.3% on the previous year and up 115.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Armenia peaked at 0.1783 million USD per square kilometre in 2023 and was at its lowest, 0.0049 million USD per square kilometre, in 1993.
That places Armenia 87th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Armenia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0071 million USD per square kilometre | — |
| 1993 | 0.0049 million USD per square kilometre | -31.0% |
| 1994 | 0.0088 million USD per square kilometre | +79.8% |
| 1995 | 0.0078 million USD per square kilometre | -11.8% |
| 1996 | 0.0107 million USD per square kilometre | +37.4% |
| 1997 | 0.01 million USD per square kilometre | -7.0% |
| 1998 | 0.0115 million USD per square kilometre | +15.6% |
| 1999 | 0.0114 million USD per square kilometre | -1.2% |
| 2000 | 0.0132 million USD per square kilometre | +16.3% |
| 2001 | 0.0141 million USD per square kilometre | +6.3% |
| 2002 | 0.0188 million USD per square kilometre | +33.7% |
| 2003 | 0.0242 million USD per square kilometre | +28.8% |
| 2004 | 0.032 million USD per square kilometre | +32.2% |
| 2005 | 0.0548 million USD per square kilometre | +71.1% |
| 2006 | 0.0851 million USD per square kilometre | +55.4% |
| 2007 | 0.1276 million USD per square kilometre | +49.9% |
| 2008 | 0.174 million USD per square kilometre | +36.4% |
| 2009 | 0.1181 million USD per square kilometre | -32.1% |
| 2010 | 0.1161 million USD per square kilometre | -1.7% |
| 2011 | 0.0993 million USD per square kilometre | -14.5% |
| 2012 | 0.088 million USD per square kilometre | -11.3% |
| 2013 | 0.0829 million USD per square kilometre | -5.9% |
| 2014 | 0.0815 million USD per square kilometre | -1.6% |
| 2015 | 0.0764 million USD per square kilometre | -6.3% |
| 2016 | 0.0643 million USD per square kilometre | -15.8% |
| 2017 | 0.0715 million USD per square kilometre | +11.1% |
| 2018 | 0.0733 million USD per square kilometre | +2.5% |
| 2019 | 0.0757 million USD per square kilometre | +3.3% |
| 2020 | 0.0797 million USD per square kilometre | +5.3% |
| 2021 | 0.1044 million USD per square kilometre | +31.0% |
| 2022 | 0.1458 million USD per square kilometre | +39.7% |
| 2023 | 0.1783 million USD per square kilometre | +22.3% |
Armenia compared with similar countries
- Armenia's 0.1783 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 1.4× the median. (54 countries reporting)
- Armenia's 0.1783 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 55% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.009 million USD per square kilometre | 0.0049 million USD per square kilometre | 0.0115 million USD per square kilometre | 8 |
| 2000s | 0.0662 million USD per square kilometre | 0.0132 million USD per square kilometre | 0.174 million USD per square kilometre | 10 |
| 2010s | 0.0829 million USD per square kilometre | 0.0643 million USD per square kilometre | 0.1161 million USD per square kilometre | 10 |
| 2020s | 0.127 million USD per square kilometre | 0.0797 million USD per square kilometre | 0.1783 million USD per square kilometre | 4 |
Countries ranked near Armenia
- 84 Albania 0.2042 million USD per square kilometre compare
- 85 Serbia 0.203 million USD per square kilometre compare
- 86 Tonga 0.1924 million USD per square kilometre compare
- 88 Bulgaria 0.1763 million USD per square kilometre compare
- 89 Latvia 0.1695 million USD per square kilometre compare
- 90 New Caledonia 0.1631 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Armenia?
- Gross fixed capital formation — value us$, per square kilometre in Armenia was 0.1783 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Armenia?
- The highest recorded value was 0.1783 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Armenia?
- The lowest recorded value was 0.0049 million USD per square kilometre in 1993.
- How does Armenia rank for gross fixed capital formation — value us$, per square kilometre?
- Armenia ranks 87th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Armenia?
- Over the last ten years it is up 115.1%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.