Armenia - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Armenia was $2,094,878,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $5,461,721,000 in 2008 and $149,628,400 in 1993.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $1,000,797,000
1991 $589,350,700
1992 $217,234,300
1993 $149,628,400
1994 $266,139,200
1995 $237,191,300
1996 $285,610,100
1997 $265,666,500
1998 $307,086,200
1999 $303,020,200
2000 $415,076,900
2001 $441,434,600
2002 $590,351,800
2003 $760,342,000
2004 $1,005,309,000
2005 $1,719,780,000
2006 $2,671,937,000
2007 $4,005,158,000
2008 $5,461,721,000
2009 $3,708,571,000
2010 $3,646,247,000
2011 $3,117,355,000
2012 $2,506,036,000
2013 $2,359,142,000
2014 $2,321,329,000
2015 $2,175,313,000
2016 $1,830,569,000
2017 $2,034,409,000
2018 $2,085,573,000
2019 $2,153,972,000
2020 $2,094,878,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Armenia was 1,024,410,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,671,120,000,000 in 2008 and a minimum value of 22,310,000 in 1990.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 22,310,000
1991 22,690,000
1992 52,940,000
1993 525,420,000
1994 37,855,000,000
1995 84,365,000,000
1996 118,254,000,000
1997 130,336,000,000
1998 154,925,000,000
1999 162,134,000,000
2000 223,945,000,000
2001 245,023,000,000
2002 338,478,000,000
2003 440,063,000,000
2004 536,282,000,000
2005 787,121,000,000
2006 1,111,630,000,000
2007 1,370,080,000,000
2008 1,671,120,000,000
2009 1,347,260,000,000
2010 1,362,460,000,000
2011 1,161,220,000,000
2012 1,006,840,000,000
2013 966,365,000,000
2014 965,487,000,000
2015 1,039,620,000,000
2016 879,567,000,000
2017 982,043,000,000
2018 1,007,310,000,000
2019 1,034,870,000,000
2020 1,024,410,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Armenia was 2,114,317,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 3,688,488,000 in 2008 and 515,494,800 in 1995.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 609,626,900
1995 515,494,800
1996 559,801,800
1997 577,176,900
1998 646,177,900
1999 646,421,400
2000 753,843,100
2001 797,254,300
2002 1,062,154,000
2003 1,356,201,000
2004 1,614,927,000
2005 2,085,724,000
2006 2,789,415,000
2007 3,296,198,000
2008 3,688,488,000
2009 2,753,397,000
2010 2,673,550,000
2011 2,374,113,000
2012 2,333,330,000
2013 2,169,997,000
2014 2,122,257,000
2015 2,175,313,000
2016 1,927,327,000
2017 2,114,278,000
2018 2,215,764,000
2019 2,313,257,000
2020 2,114,317,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Armenia was -8.60 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 33.74 in 2006 and a minimum value of -25.35 in 2009.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 -15.44
1996 8.60
1997 3.10
1998 11.95
1999 0.04
2000 16.62
2001 5.76
2002 33.23
2003 27.68
2004 19.08
2005 29.15
2006 33.74
2007 18.17
2008 11.90
2009 -25.35
2010 -2.90
2011 -11.20
2012 -1.72
2013 -7.00
2014 -2.20
2015 2.50
2016 -11.40
2017 9.70
2018 4.80
2019 4.40
2020 -8.60

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Armenia was 912,331,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 1,591,590,000,000 in 2008 and a minimum value of 222,437,000,000 in 1995.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 263,055,000,000
1995 222,437,000,000
1996 241,555,000,000
1997 249,053,000,000
1998 278,827,000,000
1999 278,932,000,000
2000 325,284,000,000
2001 344,016,000,000
2002 458,321,000,000
2003 585,203,000,000
2004 696,843,000,000
2005 899,993,000,000
2006 1,203,640,000,000
2007 1,422,310,000,000
2008 1,591,590,000,000
2009 1,188,090,000,000
2010 1,153,640,000,000
2011 1,024,430,000,000
2012 1,006,840,000,000
2013 936,357,000,000
2014 915,757,000,000
2015 938,651,000,000
2016 831,644,000,000
2017 912,314,000,000
2018 956,105,000,000
2019 998,174,000,000
2020 912,331,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Armenia was 16.57 as of 2020. Its highest value over the past 30 years was 46.83 in 2008, while its lowest value was 12.46 in 1993.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 44.35
1991 28.47
1992 17.07
1993 12.46
1994 20.24
1995 16.15
1996 17.88
1997 16.20
1998 16.22
1999 16.42
2000 21.71
2001 20.84
2002 24.84
2003 27.09
2004 28.11
2005 35.09
2006 41.85
2007 43.50
2008 46.83
2009 42.88
2010 39.38
2011 30.74
2012 23.60
2013 21.21
2014 20.00
2015 20.61
2016 17.36
2017 17.65
2018 16.74
2019 15.82
2020 16.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts