Armenia vs Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$, annual growth rate

Armenia
19.93 % change on previous year
in 2023
Least Developed Countries (LDCs)
2.1 % change on previous year
in 2023
Armenia rank
18th
Least Developed Countries (LDCs) rank
19th

Value Added (Total Manufacturing) — Value US$, annual growth rate over time

  • Armenia
  • Least Developed Countries (LDCs)
-40-2002040197119972023

How they compare

Armenia currently reports 19.93 % change on previous year against 2.1 % change on previous year in Least Developed Countries (LDCs), a difference of 17.83 % change on previous year.

That makes Armenia's figure about 9.5 times Least Developed Countries (LDCs)'s.

The two have swapped places 17 times across 32 shared years of data; in 1992 it was Least Developed Countries (LDCs) ahead.

Armenia ranks 18th and Least Developed Countries (LDCs) ranks 19th of 236 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Least Developed Countries (LDCs) in 3.

Head to head by decade

Decade Armenia Least Developed Countries (LDCs) Difference Ahead
1990s -6.76 % change on previous year 1.78 % change on previous year 8.55 % change on previous year Least Developed Countries (LDCs)
2000s 10.43 % change on previous year 13.22 % change on previous year 2.79 % change on previous year Least Developed Countries (LDCs)
2010s 8.34 % change on previous year 9.19 % change on previous year 0.8476 % change on previous year Least Developed Countries (LDCs)
2020s 15.4 % change on previous year 5.58 % change on previous year 9.81 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value added (total manufacturing) — value us$, annual growth rate, Armenia or Least Developed Countries (LDCs)?
Armenia, at 19.93 % change on previous year against 2.1 % change on previous year in Least Developed Countries (LDCs) as of 2023.
What is the difference in value added (total manufacturing) — value us$, annual growth rate between Armenia and Least Developed Countries (LDCs)?
17.83 % change on previous year, with Armenia ahead.
How many years of comparable data are there for Armenia and Least Developed Countries (LDCs)?
32 years are reported by both, from 1992 to 2023.
How do Armenia and Least Developed Countries (LDCs) rank globally for value added (total manufacturing) — value us$, annual growth rate?
Armenia ranks 18th and Least Developed Countries (LDCs) ranks 19th of 236 countries.
Where does this data come from?
Statizoid (derived), published as Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Least Developed Countries (LDCs): Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/value-added-total-manufacturing-value-us-annual-growth-rate/armenia/least-developed-countries-ldcs/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.