Gross fixed capital formation, General … General Purchasing in Armenia
Armenia: Gross fixed capital formation, General … General Purchasing was 0.6598 in 2019. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Armenia, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Armenia is 0.6598, measured in 2019.
That represents a change of up 31.9% on the previous year and down 4.3% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Armenia peaked at 1.18 in 1990 and was at its lowest, 0.1537, in 1993.
That places Armenia 135th out of 173 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, General … General Purchasing in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.2005 | — |
| 1961 | 0.2085 | +4.0% |
| 1962 | 0.2168 | +4.0% |
| 1963 | 0.2255 | +4.0% |
| 1964 | 0.2345 | +4.0% |
| 1965 | 0.2439 | +4.0% |
| 1966 | 0.2537 | +4.0% |
| 1967 | 0.2638 | +4.0% |
| 1968 | 0.2743 | +4.0% |
| 1969 | 0.2853 | +4.0% |
| 1970 | 0.2967 | +4.0% |
| 1971 | 0.3086 | +4.0% |
| 1972 | 0.321 | +4.0% |
| 1973 | 0.3338 | +4.0% |
| 1974 | 0.3471 | +4.0% |
| 1975 | 0.361 | +4.0% |
| 1976 | 0.3755 | +4.0% |
| 1977 | 0.3905 | +4.0% |
| 1978 | 0.4061 | +4.0% |
| 1979 | 0.4223 | +4.0% |
| 1980 | 0.4392 | +4.0% |
| 1981 | 0.4568 | +4.0% |
| 1982 | 0.4751 | +4.0% |
| 1983 | 0.4941 | +4.0% |
| 1984 | 0.5139 | +4.0% |
| 1985 | 0.5344 | +4.0% |
| 1986 | 0.5558 | +4.0% |
| 1987 | 0.578 | +4.0% |
| 1988 | 0.6011 | +4.0% |
| 1989 | 0.6252 | +4.0% |
| 1990 | 1.18 | +88.6% |
| 1991 | 0.667 | -43.4% |
| 1992 | 0.2315 | -65.3% |
| 1993 | 0.1537 | -33.6% |
| 1994 | 0.2663 | +73.3% |
| 1995 | 0.3343 | +25.5% |
| 1996 | 0.1992 | -40.4% |
| 1997 | 0.1875 | -5.9% |
| 1998 | 0.2905 | +54.9% |
| 1999 | 0.2848 | -1.9% |
| 2000 | 0.2456 | -13.8% |
| 2001 | 0.2597 | +5.8% |
| 2002 | 0.3681 | +41.7% |
| 2003 | 0.5168 | +40.4% |
| 2004 | 0.3416 | -33.9% |
| 2005 | 0.3868 | +13.2% |
| 2006 | 0.4042 | +4.5% |
| 2007 | 0.7214 | +78.4% |
| 2008 | 0.5693 | -21.1% |
| 2009 | 0.6896 | +21.1% |
| 2010 | 0.7127 | +3.4% |
| 2011 | 0.5787 | -18.8% |
| 2012 | 0.4152 | -28.2% |
| 2013 | 0.3572 | -14.0% |
| 2014 | 0.3752 | +5.0% |
| 2015 | 0.466 | +24.2% |
| 2016 | 0.5179 | +11.1% |
| 2017 | 0.7358 | +42.1% |
| 2018 | 0.5003 | -32.0% |
| 2019 | 0.6598 | +31.9% |
Armenia compared with similar countries
- Armenia's 0.6598 is below the median for upper middle income countries, which is 3.57, 18% of the median. (50 countries reporting)
- Armenia's 0.6598 is below the median for Europe & Central Asia, which is 9.15, 7% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General … General Purchasing 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 |
|---|---|---|---|
| 1990 | +88.6% | 0.6252 | 1.18 |
| 2007 | +78.4% | 0.4042 | 0.7214 |
| 1992 | -65.3% | 0.667 | 0.2315 |
| 1994 | +73.3% | 0.1537 | 0.2663 |
| 1998 | +54.9% | 0.1875 | 0.2905 |
| 1991 | -43.4% | 1.18 | 0.667 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2407 | 0.2005 | 0.2853 | 10 |
| 1970s | 0.3563 | 0.2967 | 0.4223 | 10 |
| 1980s | 0.5274 | 0.4392 | 0.6252 | 10 |
| 1990s | 0.3794 | 0.1537 | 1.18 | 10 |
| 2000s | 0.4503 | 0.2456 | 0.7214 | 10 |
| 2010s | 0.5319 | 0.3572 | 0.7358 | 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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 0.6598 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 1.18 in 1990.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Armenia?
- The lowest recorded value was 0.1537 in 1993.
- How does Armenia rank for gross fixed capital formation, general government, constant prices?
- Armenia ranks 135th 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 4.3%. The long-run trend across the full record is rising.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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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.