Gross Fixed Capital Formation in Armenia increased to 185737.40 AMD Million in the second quarter of 2021 from 147701.90 AMD Million in the first quarter of 2021. source: National Statistical Service of the Republic of Armenia
Gross Fixed Capital Formation in Armenia averaged 242150.25 AMD Million from 2013 until 2021, reaching an all time high of 463827.60 AMD Million in the fourth quarter of 2020 and a record low of 95230 AMD Million in the first quarter of 2013. This page provides - Armenia Gross Fixed Capital Formation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Gross Fixed Capital Formation - values, historical data and charts - was last updated on October of 2021.
Gross Fixed Capital Formation in Armenia is expected to be 301480.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Gross Fixed Capital Formation is projected to trend around 513666.00 AMD Million in 2022 and 539349.00 AMD Million in 2023, according to our econometric models.