Armenia | Gross capital formation (constant LCU)

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. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Armenia
Records
63
Source
Armenia | Gross capital formation (constant LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994 431570789800
1995 384262967200
1996 395430049800
1997 454973746400
1998 445796434900
1999 432933580000
2000 386652316800
2001 382731249500
2002 524445182500
2003 782736960700
2004 824629357400
2005 1033607298800
2006 1369980942900
2007 1767038544200
2008 2175914573600
2009 1334371349800
2010 1293870980700
2011 1190194973700
2012 1053003100000
2013 977186876800
2014 970346568700
2015 939295478500
2016 857576771800
2017 945907179300
2018 1272245156200
2019 1090314098900
2020 1084862528400
2021 1318107972006
2022 1416966069906.4

Armenia | Gross capital formation (constant LCU)

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. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Armenia
Records
63
Source