Gross fixed capital … General government Domestic annual growth rate in Armenia
Armenia: Gross fixed capital … General government Domestic annual growth rate was 29.84 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Armenia, 1991–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Armenia stood at 29.84 % change on previous year.
The figure is up 189.2% on the previous year and down 3.2% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Armenia peaked at 892.61 % change on previous year in 1993 and was at its lowest, -33.46 % change on previous year, in 2018.
That places Armenia 25th out of 174 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital … General government Domestic annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 1.7 % change on previous year | — |
| 1992 | 133.35 % change on previous year | +7727.7% |
| 1993 | 892.61 % change on previous year | +569.4% |
| 1995 | 227.89 % change on previous year | -74.5% |
| 1996 | -24.27 % change on previous year | -110.7% |
| 1997 | 1.61 % change on previous year | -106.6% |
| 1998 | 64.36 % change on previous year | +3899.7% |
| 1999 | 2.04 % change on previous year | -96.8% |
| 2000 | -13.01 % change on previous year | -738.5% |
| 2001 | 9.9 % change on previous year | -176.1% |
| 2002 | 47.06 % change on previous year | +375.3% |
| 2003 | 43.2 % change on previous year | -8.2% |
| 2004 | -32.33 % change on previous year | -174.8% |
| 2005 | 28.72 % change on previous year | -188.8% |
| 2006 | 10.37 % change on previous year | -63.9% |
| 2007 | 86.12 % change on previous year | +730.3% |
| 2008 | -13.98 % change on previous year | -116.2% |
| 2009 | 30.82 % change on previous year | -320.4% |
| 2010 | 7.64 % change on previous year | -75.2% |
| 2011 | -21.65 % change on previous year | -383.2% |
| 2012 | -30.04 % change on previous year | +38.8% |
| 2013 | -11.18 % change on previous year | -62.8% |
| 2014 | 7.27 % change on previous year | -165.1% |
| 2015 | 30.54 % change on previous year | +319.9% |
| 2016 | 6.11 % change on previous year | -80.0% |
| 2017 | 44.6 % change on previous year | +629.9% |
| 2018 | -33.46 % change on previous year | -175.0% |
| 2019 | 29.84 % change on previous year | -189.2% |
Armenia compared with similar countries
- Armenia's 29.84 % change on previous year is above the median for upper middle income countries, which is 6.84 % change on previous year, 4.4× the median. (50 countries reporting)
- Armenia's 29.84 % change on previous year is above the median for Europe & Central Asia, which is 6.14 % change on previous year, 4.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital … General government Domestic annual growth rate 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 |
|---|---|---|---|
| 1992 | +7727.7% | 1.7 % change on previous year | 133.35 % change on previous year |
| 1998 | +3899.7% | 1.61 % change on previous year | 64.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 162.41 % change on previous year | -24.27 % change on previous year | 892.61 % change on previous year | 8 |
| 2000s | 19.69 % change on previous year | -32.33 % change on previous year | 86.12 % change on previous year | 10 |
| 2010s | 2.97 % change on previous year | -33.46 % change on previous year | 44.6 % change on previous year | 10 |
Countries ranked near Armenia
- 22 Serbia 33.62 % change on previous year compare
- 23 Saint Vincent and the Grenadines 30.28 % change on previous year compare
- 24 Tajikistan 30.28 % change on previous year compare
- 26 Madagascar 29.71 % change on previous year compare
- 27 Ireland 29.09 % change on previous year compare
- 28 Croatia 28.91 % change on previous year compare
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, current prices in Armenia?
- Gross fixed capital formation, general government, current prices in Armenia was 29.84 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Armenia?
- The highest recorded value was 892.61 % change on previous year in 1993.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Armenia?
- The lowest recorded value was -33.46 % change on previous year in 2018.
- How does Armenia rank for gross fixed capital formation, general government, current prices?
- Armenia ranks 25th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Armenia?
- Over the last ten years it is down 3.2%. 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, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.