Gross fixed capital formation in Armenia

Armenia: Gross fixed capital formation was 15.6% in 2025. ◆ Volatile

Latest (2025)
15.6%
Change on year
up 39.3%
World rank
18th
of 166 countries
All-time high
33.7%
in 2006
All-time low
-25.4%
in 2009
Years of data
31
1995–2025

Gross fixed capital formation in Armenia, 1995–2025

-20020401995201020251995: -15.4 annual % growth1996: 8.6 annual % growth1997: 3.1 annual % growth1998: 12 annual % growth1999: 0.038 annual % growth2000: 16.6 annual % growth2001: 5.8 annual % growth2002: 33.2 annual % growth2003: 27.7 annual % growth2004: 19.1 annual % growth2005: 29.2 annual % growth2006: 33.7 annual % growth2007: 18.2 annual % growth2008: 11.9 annual % growth2009: -25.4 annual % growth2010: -2.9 annual % growth2011: -11.2 annual % growth2012: -1.7 annual % growth2013: -7 annual % growth2014: -2.2 annual % growth2015: 2.5 annual % growth2016: -11.4 annual % growth2017: 9.7 annual % growth2018: 4.8 annual % growth2019: 4.4 annual % growth2020: -1.5 annual % growth2021: 23.6 annual % growth2022: 14 annual % growth2023: 9 annual % growth2024: 11.2 annual % growth2025: 15.6 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

Armenia recorded 15.6% for gross fixed capital formation in 2025.

The figure is up 39.3% on the previous year and up 524.0% over ten years.

Over the whole period, gross fixed capital formation in Armenia peaked at 33.7% in 2006 and was at its lowest, -25.4%, in 2009.

That places Armenia 18th out of 166 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.7% -15.4% 12.0% 5
2000s 17.0% -25.4% 33.7% 10
2010s -1.5% -11.4% 9.7% 10
2020s 12.0% -1.5% 23.6% 6

Countries ranked near Armenia

  1. 15 Chad 18.8% compare
  2. 16 Moldova 16.9% compare
  3. 17 Argentina 16.4% compare
  4. 19 Vanuatu 14.2% compare
  5. 20 Samoa 14.1% compare
  6. 21 Ghana 13.8% compare

See the full ranking of 199 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross fixed capital formation in Armenia?
Gross fixed capital formation in Armenia was 15.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Armenia?
The highest recorded value was 33.7% in 2006.
What is the lowest gross fixed capital formation recorded in Armenia?
The lowest recorded value was -25.4% in 2009.
How does Armenia rank for gross fixed capital formation?
Armenia ranks 18th out of 166 countries with data for 2025.
Is gross fixed capital formation rising or falling in Armenia?
Over the last ten years it is up 524.0%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.