Armenia - Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Armenia was at 20.79 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 armenia gross capital formation percent of gdp wb data




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Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and work in progress. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.


Armenia | Economy & Growth

GDP (current US$)
10529182498 USD
GDP (current LCU)
5032089000000 LCU
GDP (constant 2005 US$)
11456794382 USD
GDP (constant LCU)
2131278518845 LCU
GNI (current US$)
10964557495 USD
GNI (current LCU)
5240162678308 LCU
GNI (constant 2005 US$)
11884967075 USD
GNI (constant LCU)
2210621277487 LCU
Gross savings (current LCU)
912583750580 LCU