Armenia vs Serbia: Industry (including construction), value added
Industry (including construction), value added over time
- Armenia
- Serbia
How they compare
Armenia currently reports 1.95 trillion constant LCU against 1.74 trillion constant LCU in Serbia, a difference of 208.74 billion constant LCU.
That makes Armenia's figure about 1.1 times Serbia's.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Serbia ahead.
Armenia ranks 51st and Serbia ranks 54th of 198 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 | 399.03 billion constant LCU | 820.23 billion constant LCU | 421.20 billion constant LCU | Serbia |
| 2000s | 959.04 billion constant LCU | 1.11 trillion constant LCU | 154.16 billion constant LCU | Serbia |
| 2010s | 1.23 trillion constant LCU | 1.33 trillion constant LCU | 101.54 billion constant LCU | Serbia |
| 2020s | 1.67 trillion constant LCU | 1.65 trillion constant LCU | 20.35 billion constant LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Armenia or Serbia?
- Armenia, at 1.95 trillion constant LCU against 1.74 trillion constant LCU in Serbia as of 2025.
- What is the difference in industry (including construction), value added between Armenia and Serbia?
- 208.74 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 industry (including construction), value added?
- Armenia ranks 51st and Serbia ranks 54th of 198 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.