Armenia, Republic of vs Serbia, Republic of: Manufacturing, value added
Manufacturing, value added over time
- Armenia, Republic of
- Serbia, Republic of
How they compare
Armenia, Republic of currently reports 1.24 trillion current LCU against 1.24 trillion current LCU in Serbia, Republic of, a difference of 7.28 billion current LCU.
Across all 13 years both countries report, Serbia, Republic of has been ahead every year.
Armenia, Republic of ranks 53rd and Serbia, Republic of ranks 54th of 204 countries.
Serbia, Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia, Republic of | Serbia, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 541.45 billion current LCU | 825.07 billion current LCU | 283.63 billion current LCU | Serbia, Republic of |
| 2020s | 902.75 billion current LCU | 1.06 trillion current LCU | 161.91 billion current LCU | Serbia, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Armenia, Republic of or Serbia, Republic of?
- Armenia, Republic of, at 1.24 trillion current LCU against 1.24 trillion current LCU in Serbia, Republic of as of 2025.
- What is the difference in manufacturing, value added between Armenia, Republic of and Serbia, Republic of?
- 7.28 billion current LCU, with Armenia, Republic of ahead.
- How many years of comparable data are there for Armenia, Republic of and Serbia, Republic of?
- 13 years are reported by both, from 2012 to 2024.
- How do Armenia, Republic of and Serbia, Republic of rank globally for manufacturing, value added?
- Armenia, Republic of ranks 53rd and Serbia, Republic of ranks 54th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.