Gross fixed capital formation, General government … General Percent in Armenia
Armenia: Gross fixed capital formation, General government … General Percent was 1.53 in 2019. ▼ Falling
Gross fixed capital formation, General government, Constant prices in Armenia, 1990–2019
Source: International Monetary Fund.
Analysis
Armenia recorded 1.53 for gross fixed capital formation, general government, constant prices in 2019.
Compared with earlier readings it is up 22.6% on the previous year and down 38.0% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Armenia peaked at 6.1 in 1990 and was at its lowest, 1.08, in 2013.
Armenia ranks 167th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Gross fixed capital formation, General government … General Percent in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 6.1 | — |
| 1991 | 3.91 | -36.0% |
| 1992 | 2.33 | -40.4% |
| 1993 | 1.7 | -27.2% |
| 1994 | 2.79 | +64.5% |
| 1995 | 3.28 | +17.4% |
| 1996 | 1.84 | -43.7% |
| 1997 | 1.68 | -8.9% |
| 1998 | 2.42 | +44.3% |
| 1999 | 2.3 | -5.0% |
| 2000 | 1.87 | -18.6% |
| 2001 | 1.81 | -3.5% |
| 2002 | 2.23 | +23.2% |
| 2003 | 2.74 | +23.1% |
| 2004 | 1.64 | -40.2% |
| 2005 | 1.63 | -0.6% |
| 2006 | 1.51 | -7.7% |
| 2007 | 2.37 | +56.9% |
| 2008 | 1.75 | -26.2% |
| 2009 | 2.46 | +41.1% |
| 2010 | 2.49 | +1.1% |
| 2011 | 1.93 | -22.4% |
| 2012 | 1.29 | -33.0% |
| 2013 | 1.08 | -16.7% |
| 2014 | 1.09 | +1.3% |
| 2015 | 1.31 | +20.3% |
| 2016 | 1.46 | +10.9% |
| 2017 | 1.93 | +32.1% |
| 2018 | 1.24 | -35.4% |
| 2019 | 1.53 | +22.6% |
Armenia compared with similar countries
- Armenia's 1.53 is below the median for upper middle income countries, which is 3.85, 40% of the median. (50 countries reporting)
- Armenia's 1.53 is below the median for Europe & Central Asia, which is 3.44, 44% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.84 | 1.68 | 6.1 | 10 |
| 2000s | 2 | 1.51 | 2.74 | 10 |
| 2010s | 1.54 | 1.08 | 2.49 | 10 |
Countries ranked near Armenia
More public sector data for Armenia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Armenia?
- Gross fixed capital formation, general government, constant prices in Armenia was 1.53 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Armenia?
- The highest recorded value was 6.1 in 1990.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Armenia?
- The lowest recorded value was 1.08 in 2013.
- How does Armenia rank for gross fixed capital formation, general government, constant prices?
- Armenia ranks 167th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Armenia?
- Over the last ten years it is down 38.0%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.