Gross Fixed Capital Formation in Armenia decreased to 132538.10 AMD Million in the first quarter of 2020 from 422283.60 AMD Million in the fourth quarter of 2019.
Gross Fixed Capital Formation in Armenia averaged 240759.83 AMD Million from 2013 until 2020, reaching an all time high of 451713.50 AMD Million in the fourth quarter of 2015 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 August of 2020.
Gross Fixed Capital Formation in Armenia is expected to be 279052.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross Fixed Capital Formation in Armenia to stand at 138370.00 in 12 months time. In the long-term, the Armenia Gross Fixed Capital Formation is projected to trend around 451886.00 AMD Million in 2021 and 471317.00 AMD Million in 2022, according to our econometric models.