Armenia vs Europe & Central Asia (excluding high income): Services, value added (constant 2015 US$), annual growth rate

Armenia
6.9 % change on previous year
in 2025
Europe & Central Asia (excluding high income)
4.09 % change on previous year
in 2024
Armenia rank
23rd
Europe & Central Asia (excluding high income) rank
23rd

Services, value added (constant 2015 US$), annual growth rate over time

  • Armenia
  • Europe & Central Asia (excluding high income)
-200204060199120082025

How they compare

Armenia currently reports 6.9 % change on previous year against 4.09 % change on previous year in Europe & Central Asia (excluding high income), a difference of 2.81 % change on previous year.

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 195 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 8.65 % change on previous year 1.18 % change on previous year 7.46 % change on previous year Armenia
2000s 9.36 % change on previous year 5.29 % change on previous year 4.07 % change on previous year Armenia
2010s 5.54 % change on previous year 5.19 % change on previous year 0.3551 % change on previous year Armenia
2020s 7.62 % change on previous year 5.25 % change on previous year 2.37 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added (constant 2015 us$), annual growth rate, Armenia or Europe & Central Asia (excluding high income)?
Armenia, at 6.9 % change on previous year against 4.09 % change on previous year in Europe & Central Asia (excluding high income) as of 2025.
What is the difference in services, value added (constant 2015 us$), annual growth rate between Armenia and Europe & Central Asia (excluding high income)?
2.81 % change on previous year, 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 (constant 2015 us$), annual growth rate?
Armenia ranks 23rd and Europe & Central Asia (excluding high income) ranks 23rd of 195 countries.
Where does this data come from?
Statizoid (derived), published as Services, value added (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Europe & Central Asia (excluding high income): Services, value added (constant 2015 US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/services-value-added-constant-2015-us-annual-growth-rate/armenia/europe-and-central-asia-excluding-high-income/

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About this data

Indicator
Services, value added (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,572 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.