Gross value added at basic prices (GVA) in Armenia
Armenia: Gross value added at basic prices (GVA) was 15.77 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Armenia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Armenia is 15.77 billion constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 6.8% on the previous year and up 67.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Armenia peaked at 15.77 billion constant 2015 US$ in 2025 and was at its lowest, 2.62 billion constant 2015 US$, in 1993.
That places Armenia 125th out of 194 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 5.60 billion constant 2015 US$ | — |
| 1991 | 4.97 billion constant 2015 US$ | -11.1% |
| 1992 | 2.89 billion constant 2015 US$ | -41.8% |
| 1993 | 2.62 billion constant 2015 US$ | -9.3% |
| 1994 | 2.78 billion constant 2015 US$ | +6.1% |
| 1995 | 2.95 billion constant 2015 US$ | +6.2% |
| 1996 | 3.08 billion constant 2015 US$ | +4.3% |
| 1997 | 3.10 billion constant 2015 US$ | +0.5% |
| 1998 | 3.28 billion constant 2015 US$ | +6.0% |
| 1999 | 3.42 billion constant 2015 US$ | +4.0% |
| 2000 | 3.59 billion constant 2015 US$ | +5.2% |
| 2001 | 3.91 billion constant 2015 US$ | +8.8% |
| 2002 | 4.42 billion constant 2015 US$ | +13.1% |
| 2003 | 5.07 billion constant 2015 US$ | +14.7% |
| 2004 | 5.65 billion constant 2015 US$ | +11.3% |
| 2005 | 6.44 billion constant 2015 US$ | +14.0% |
| 2006 | 7.27 billion constant 2015 US$ | +13.0% |
| 2007 | 8.12 billion constant 2015 US$ | +11.7% |
| 2008 | 8.59 billion constant 2015 US$ | +5.8% |
| 2009 | 7.47 billion constant 2015 US$ | -13.1% |
| 2010 | 7.54 billion constant 2015 US$ | +0.9% |
| 2011 | 7.90 billion constant 2015 US$ | +4.8% |
| 2012 | 8.43 billion constant 2015 US$ | +6.8% |
| 2013 | 8.70 billion constant 2015 US$ | +3.2% |
| 2014 | 9.04 billion constant 2015 US$ | +3.9% |
| 2015 | 9.43 billion constant 2015 US$ | +4.3% |
| 2016 | 9.49 billion constant 2015 US$ | +0.6% |
| 2017 | 10.18 billion constant 2015 US$ | +7.3% |
| 2018 | 10.68 billion constant 2015 US$ | +4.9% |
| 2019 | 11.50 billion constant 2015 US$ | +7.7% |
| 2020 | 10.72 billion constant 2015 US$ | -6.8% |
| 2021 | 11.32 billion constant 2015 US$ | +5.6% |
| 2022 | 12.80 billion constant 2015 US$ | +13.1% |
| 2023 | 13.83 billion constant 2015 US$ | +8.0% |
| 2024 | 14.77 billion constant 2015 US$ | +6.8% |
| 2025 | 15.77 billion constant 2015 US$ | +6.8% |
Armenia compared with similar countries
- Armenia's 15.77 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 35% of the median. (57 countries reporting)
- Armenia's 15.77 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 22% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -41.8% | 4.97 billion constant 2015 US$ | 2.89 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.47 billion constant 2015 US$ | 2.62 billion constant 2015 US$ | 5.60 billion constant 2015 US$ | 10 |
| 2000s | 6.05 billion constant 2015 US$ | 3.59 billion constant 2015 US$ | 8.59 billion constant 2015 US$ | 10 |
| 2010s | 9.29 billion constant 2015 US$ | 7.54 billion constant 2015 US$ | 11.50 billion constant 2015 US$ | 10 |
| 2020s | 13.20 billion constant 2015 US$ | 10.72 billion constant 2015 US$ | 15.77 billion constant 2015 US$ | 6 |
Countries ranked near Armenia
- 122 Gabon 16.27 billion constant 2015 US$ compare
- 123 Niger 16.24 billion constant 2015 US$ compare
- 124 Syria 16.00 billion constant 2015 US$ compare
- 126 Tajikistan 15.26 billion constant 2015 US$ compare
- 127 Mongolia 15.20 billion constant 2015 US$ compare
- 128 Afghanistan 15.16 billion constant 2015 US$ compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Armenia?
- Gross value added at basic prices (gva) in Armenia was 15.77 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Armenia?
- The highest recorded value was 15.77 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Armenia?
- The lowest recorded value was 2.62 billion constant 2015 US$ in 1993.
- How does Armenia rank for gross value added at basic prices (gva)?
- Armenia ranks 125th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Armenia?
- Over the last ten years it is up 67.2%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.