Armenia - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts