Gross Fixed Capital Formation — Value US$ in Armenia

Armenia: Gross Fixed Capital Formation — Value US$ was 5,594 million USD in 2024. ◆ Volatile

Latest (2024)
5,594 million USD
Change on year
up 11.3%
World rank
122nd
of 219 countries
All-time high
5,594 million USD
in 2024
All-time low
139.98 million USD
in 1993
Years of data
34
1991–2024

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

02.0k4.0k6.0k1991200720241991: 564.7 million USD1992: 203 million USD1993: 140 million USD1994: 251.6 million USD1995: 222 million USD1996: 305 million USD1997: 283.6 million USD1998: 327.7 million USD1999: 323.6 million USD2000: 376.4 million USD2001: 400.3 million USD2002: 535.3 million USD2003: 689.4 million USD2004: 911.6 million USD2005: 1.6k million USD2006: 2.4k million USD2007: 3.6k million USD2008: 5.0k million USD2009: 3.4k million USD2010: 3.3k million USD2011: 2.8k million USD2012: 2.5k million USD2013: 2.4k million USD2014: 2.3k million USD2015: 2.2k million USD2016: 1.8k million USD2017: 2.0k million USD2018: 2.1k million USD2019: 2.2k million USD2020: 2.2k million USD2021: 2.9k million USD2022: 4.1k million USD2023: 5.0k million USD2024: 5.6k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation — value us$ in Armenia is 5,594 million USD, measured in 2024. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 11.3% on the previous year and up 141.0% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Armenia peaked at 5,594 million USD in 2024 and was at its lowest, 139.98 million USD, in 1993.

That places Armenia 122nd out of 219 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

DecadeAverage LowestHighest Years
1990s 291.25 million USD 139.98 million USD 564.74 million USD 9
2000s 1,884 million USD 376.37 million USD 4,952 million USD 10
2010s 2,360 million USD 1,831 million USD 3,306 million USD 10
2020s 3,984 million USD 2,247 million USD 5,594 million USD 5

Countries ranked near Armenia

  1. 119 Libya 6,554 million USD compare
  2. 120 Albania 6,279 million USD compare
  3. 121 Zambia 6,058 million USD compare
  4. 123 Botswana 5,528 million USD compare
  5. 124 Kyrgyzstan 5,361 million USD compare
  6. 125 Tajikistan 5,049 million USD compare

See the full ranking of 251 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross fixed capital formation — value us$ in Armenia?
Gross fixed capital formation — value us$ in Armenia was 5,594 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Armenia?
The highest recorded value was 5,594 million USD in 2024.
What is the lowest gross fixed capital formation — value us$ recorded in Armenia?
The lowest recorded value was 139.98 million USD in 1993.
How does Armenia rank for gross fixed capital formation — value us$?
Armenia ranks 122nd out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Armenia?
Over the last ten years it is up 141.0%. 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$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).