Armenia vs Europe & Central Asia (excluding high income): Services, value added
Services, value added over time
- Armenia
- Europe & Central Asia (excluding high income)
How they compare
Armenia currently reports 6.9% against 4.1% in Europe & Central Asia (excluding high income), a difference of 2.8%.
That makes Armenia's figure about 1.7 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 14 times across 34 shared years of data; in 1991 it was Armenia ahead.
Armenia ranks 23rd and Europe & Central Asia (excluding high income) ranks 23rd of 198 countries.
Armenia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Europe & Central Asia (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.6% | 1.2% | 7.5% | Armenia |
| 2000s | 9.4% | 5.3% | 4.1% | Armenia |
| 2010s | 5.5% | 5.2% | 0.4% | Armenia |
| 2020s | 7.6% | 5.3% | 2.4% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Armenia or Europe & Central Asia (excluding high income)?
- Armenia, at 6.9% against 4.1% in Europe & Central Asia (excluding high income) as of 2025.
- What is the difference in services, value added between Armenia and Europe & Central Asia (excluding high income)?
- 2.8%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Europe & Central Asia (excluding high income)?
- 34 years are reported by both, from 1991 to 2024.
- How do Armenia and Europe & Central Asia (excluding high income) rank globally for services, value added?
- Armenia ranks 23rd and Europe & Central Asia (excluding high income) ranks 23rd of 198 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.