Armenia - Gross fixed capital formation (annual % growth)

Gross fixed capital formation (annual % growth) in Armenia was reported at --1.6 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 armenia gross fixed capital formation annual percent growth wb data
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Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.


Armenia | Economy & Growth