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
431570789800 1994
384262967200 1995
395430049800 1996
454973746400 1997
445796434900 1998
432933580000 1999
386652316800 2000
382731249500 2001
524445182500 2002
782736960700 2003
824629357400 2004
1033607298800 2005
1369980942900 2006
1767038544200 2007
2175914573600 2008
1334371349800 2009
1293870980700 2010
1190194973700 2011
1053003100000 2012
977186876800 2013
970346568700 2014
939295478500 2015
857576771800 2016
945907179300 2017
1272245156200 2018
1090314098900 2019
1084862528400 2020
1318107972006 2021
1416966069906.4 2022
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