Armenia vs Latin America & Caribbean: Gross value added at basic prices (GVA) (constant 2015 US$), annual

Armenia
6.8 % change on previous year
in 2025
Latin America & Caribbean
2.31 % change on previous year
in 2025
Armenia rank
24th
Latin America & Caribbean rank
25th

Gross value added at basic prices (GVA) (constant 2015 US$), annual over time

  • Armenia
  • Latin America & Caribbean
-40-20020197119982025

How they compare

Armenia currently reports 6.8 % change on previous year against 2.31 % change on previous year in Latin America & Caribbean, a difference of 4.49 % change on previous year.

That makes Armenia's figure about 2.9 times Latin America & Caribbean's.

The two have swapped places 7 times across 35 shared years of data; in 1991 it was Latin America & Caribbean ahead.

Armenia ranks 24th and Latin America & Caribbean ranks 25th of 193 countries.

Across the 4 decades both report, Armenia averaged higher in 3 and Latin America & Caribbean in 1.

Head to head by decade

Decade Armenia Latin America & Caribbean Difference Ahead
1990s -3.91 % change on previous year 2.88 % change on previous year 6.79 % change on previous year Latin America & Caribbean
2000s 8.45 % change on previous year 2.8 % change on previous year 5.65 % change on previous year Armenia
2010s 4.44 % change on previous year 2.24 % change on previous year 2.2 % change on previous year Armenia
2020s 5.58 % change on previous year 1.85 % change on previous year 3.74 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (constant 2015 us$), annual, Armenia or Latin America & Caribbean?
Armenia, at 6.8 % change on previous year against 2.31 % change on previous year in Latin America & Caribbean as of 2025.
What is the difference in gross value added at basic prices (gva) (constant 2015 us$), annual between Armenia and Latin America & Caribbean?
4.49 % change on previous year, with Armenia ahead.
How many years of comparable data are there for Armenia and Latin America & Caribbean?
35 years are reported by both, from 1991 to 2025.
How do Armenia and Latin America & Caribbean rank globally for gross value added at basic prices (gva) (constant 2015 us$), annual?
Armenia ranks 24th and Latin America & Caribbean ranks 25th of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Armenia vs Latin America & Caribbean: Gross value added at basic prices (GVA) (constant 2015 US$), annual. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/armenia/latin-america-and-caribbean/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/armenia/latin-america-and-caribbean/">Armenia vs Latin America & Caribbean: Gross value added at basic prices (GVA) (constant 2015 US$), annual</a> — Statizoid

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.