Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Armenia

Gross capital formation (% of GDP) in Armenia in 2025 — 24.2%. Ranked 54 in the world out of 131. Since 1990, the indicator has fallen by 22.9 pp.

2025 24.2% +0.4 pp vs 2024
World rank 54of 131
Period maximum 47.9%2008
Period minimum 1.6%1992

Trend over time

1990–2025 · % of GDP

Gross capital formation (% of GDP) — Armenia, 1990–2025020406019901994199820022006201020142018202220251990: 47.1%1991: 39.8%1992: 1.6%1993: 9.9%1994: 27.9%1995: 20.8%1996: 21.1%1997: 23.3%1998: 22.7%1999: 20.8%2000: 21.9%2001: 22.9%2002: 25.4%2003: 28.3%2004: 29.1%2005: 35.8%2006: 42.2%2007: 44.4%2008: 47.9%2009: 41.1%2010: 38.8%2011: 31.9%2012: 24.7%2013: 22.2%2014: 21.3%2015: 20.7%2016: 18%2017: 18.4%2018: 22.4%2019: 17.4%2020: 19.7%2021: 23%2022: 22.3%2023: 22.9%2024: 23.8%2025: 24.2%
Change over the period: −22.9 pp Annual average: -0.66 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 24.2%
Gross capital formation (% of GDP) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2025 24.2 +0.4 pp
2024 23.8 +0.9 pp
2023 22.9 +0.7 pp
2022 22.3 −0.7 pp
2021 23 +3.3 pp
2020 19.7 +2.3 pp
2019 17.4 −5 pp
2018 22.4 +4 pp
2017 18.4 +0.4 pp
2016 18 −2.7 pp
2015 20.7 −0.6 pp
2014 21.3 −0.9 pp
2013 22.2 −2.5 pp
2012 24.7 −7.2 pp
2011 31.9 −6.9 pp
2010 38.8 −2.3 pp
2009 41.1 −6.8 pp
2008 47.9 +3.6 pp
2007 44.4 +2.1 pp
2006 42.2 +6.5 pp
2005 35.8 +6.6 pp
2004 29.1 +0.8 pp
2003 28.3 +2.9 pp
2002 25.4 +2.5 pp
2001 22.9 +1 pp
2000 21.9 +1.2 pp
1999 20.8 −1.9 pp
1998 22.7 −0.6 pp
1997 23.3 +2.2 pp
1996 21.1 +0.3 pp
1995 20.8 −7.1 pp
1994 27.9 +18.1 pp
1993 9.9 +8.2 pp
1992 1.6 −38.1 pp
1991 39.8 −7.4 pp
1990 47.1

Western Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.