Gross Fixed Capital Formation in Armenia increased to 280446.50 AMD Million in the third quarter of 2020 from 147601.80 AMD Million in the second quarter of 2020. source: National Statistical Service of the Republic of Armenia
Gross Fixed Capital Formation in Armenia averaged 239865.86 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 December of 2020.
Gross Fixed Capital Formation in Armenia is expected to be 341845.00 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 162657.00 in 12 months time. In the long-term, the Armenia Gross Fixed Capital Formation is projected to trend around 382866.00 AMD Million in 2021 and 407753.00 AMD Million in 2022, according to our econometric models.