Armenia vs Serbia: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Armenia
- Serbia
How they compare
Armenia currently reports 7.12 trillion constant LCU against 6.26 trillion constant LCU in Serbia, a difference of 863.85 billion constant LCU.
That makes Armenia's figure about 1.1 times Serbia's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Serbia ahead.
Armenia ranks 47th and Serbia ranks 49th of 197 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Serbia in 3.
Head to head by decade
| Decade | Armenia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.43 trillion constant LCU | 2.78 trillion constant LCU | 1.35 trillion constant LCU | Serbia |
| 2000s | 2.73 trillion constant LCU | 3.68 trillion constant LCU | 948.02 billion constant LCU | Serbia |
| 2010s | 4.19 trillion constant LCU | 4.56 trillion constant LCU | 365.85 billion constant LCU | Serbia |
| 2020s | 5.96 trillion constant LCU | 5.77 trillion constant LCU | 194.90 billion constant LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Armenia or Serbia?
- Armenia, at 7.12 trillion constant LCU against 6.26 trillion constant LCU in Serbia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Armenia and Serbia?
- 863.85 billion constant LCU, with Armenia ahead.
- How many years of comparable data are there for Armenia and Serbia?
- 31 years are reported by both, from 1995 to 2025.
- How do Armenia and Serbia rank globally for gross value added at basic prices (gva)?
- Armenia ranks 47th and Serbia ranks 49th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.