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 10.11 trillion current LCU against 8.87 trillion current LCU in Serbia, a difference of 1.24 trillion current LCU.
That makes Armenia's figure about 1.1 times Serbia's.
Across all 14 years both countries report, Armenia has been ahead every year.
Armenia ranks 57th and Serbia ranks 59th of 206 countries.
Armenia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.67 trillion current LCU | 3.96 trillion current LCU | 708.18 billion current LCU | Armenia |
| 2020s | 7.85 trillion current LCU | 6.89 trillion current LCU | 960.24 billion current 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 10.11 trillion current LCU against 8.87 trillion current LCU in Serbia as of 2025.
- What is the difference in gross value added at basic prices (gva) between Armenia and Serbia?
- 1.24 trillion current LCU, with Armenia ahead.
- How many years of comparable data are there for Armenia and Serbia?
- 14 years are reported by both, from 2012 to 2025.
- How do Armenia and Serbia rank globally for gross value added at basic prices (gva)?
- Armenia ranks 57th and Serbia ranks 59th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.