Gross value added at basic prices (GVA) (constant LCU), per square in Armenia

Armenia: Gross value added at basic prices (GVA) (constant LCU), per square was 221.42 million constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
221.42 million constant LCU per square kilometre
Change on year
up 8.0%
World rank
28th
of 195 countries
All-time high
221.42 million constant LCU per square kilometre
in 2023
All-time low
41.62 million constant LCU per square kilometre
in 1993
Years of data
32
1992–2023

Gross value added at basic prices (GVA) (constant LCU), per square in Armenia, 1992–2023

50.0M100.0M150.0M200.0M1992200720231992: 45.9M constant LCU per square kilometre1993: 41.6M constant LCU per square kilometre1994: 44.1M constant LCU per square kilometre1995: 46.9M constant LCU per square kilometre1996: 48.9M constant LCU per square kilometre1997: 49.1M constant LCU per square kilometre1998: 52.1M constant LCU per square kilometre1999: 54.2M constant LCU per square kilometre2000: 57.0M constant LCU per square kilometre2001: 62.0M constant LCU per square kilometre2002: 70.1M constant LCU per square kilometre2003: 80.4M constant LCU per square kilometre2004: 89.5M constant LCU per square kilometre2005: 102.1M constant LCU per square kilometre2006: 115.3M constant LCU per square kilometre2007: 128.8M constant LCU per square kilometre2008: 136.3M constant LCU per square kilometre2009: 118.4M constant LCU per square kilometre2010: 119.5M constant LCU per square kilometre2011: 125.2M constant LCU per square kilometre2012: 133.8M constant LCU per square kilometre2013: 138.0M constant LCU per square kilometre2014: 143.4M constant LCU per square kilometre2015: 149.6M constant LCU per square kilometre2016: 150.5M constant LCU per square kilometre2017: 161.5M constant LCU per square kilometre2018: 169.4M constant LCU per square kilometre2019: 182.4M constant LCU per square kilometre2020: 171.7M constant LCU per square kilometre2021: 181.3M constant LCU per square kilometre2022: 205.0M constant LCU per square kilometre2023: 221.4M constant LCU per square kilometre

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

In 2023, gross value added at basic prices (gva) (constant lcu), per square in Armenia stood at 221.42 million constant LCU per square kilometre. That is the highest value across all 32 years on record.

The figure is up 8.0% on the previous year and up 60.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant lcu), per square in Armenia peaked at 221.42 million constant LCU per square kilometre in 2023 and was at its lowest, 41.62 million constant LCU per square kilometre, in 1993.

Armenia ranks 28th of 195 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Gross value added at basic prices (GVA) (constant LCU), per square in Armenia, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), per square kilometre in Armenia, 1992 to 2023.
Year constant LCU per square kilometre Change
1992 45.90 million constant LCU per square kilometre
1993 41.62 million constant LCU per square kilometre -9.3%
1994 44.15 million constant LCU per square kilometre +6.1%
1995 46.87 million constant LCU per square kilometre +6.2%
1996 48.89 million constant LCU per square kilometre +4.3%
1997 49.14 million constant LCU per square kilometre +0.5%
1998 52.09 million constant LCU per square kilometre +6.0%
1999 54.18 million constant LCU per square kilometre +4.0%
2000 56.99 million constant LCU per square kilometre +5.2%
2001 62.01 million constant LCU per square kilometre +8.8%
2002 70.13 million constant LCU per square kilometre +13.1%
2003 80.44 million constant LCU per square kilometre +14.7%
2004 89.53 million constant LCU per square kilometre +11.3%
2005 102.06 million constant LCU per square kilometre +14.0%
2006 115.33 million constant LCU per square kilometre +13.0%
2007 128.83 million constant LCU per square kilometre +11.7%
2008 136.30 million constant LCU per square kilometre +5.8%
2009 118.44 million constant LCU per square kilometre -13.1%
2010 119.51 million constant LCU per square kilometre +0.9%
2011 125.25 million constant LCU per square kilometre +4.8%
2012 133.76 million constant LCU per square kilometre +6.8%
2013 138.04 million constant LCU per square kilometre +3.2%
2014 143.43 million constant LCU per square kilometre +3.9%
2015 149.59 million constant LCU per square kilometre +4.3%
2016 150.49 million constant LCU per square kilometre +0.6%
2017 161.48 million constant LCU per square kilometre +7.3%
2018 169.39 million constant LCU per square kilometre +4.9%
2019 182.43 million constant LCU per square kilometre +7.7%
2020 171.67 million constant LCU per square kilometre -5.9%
2021 181.29 million constant LCU per square kilometre +5.6%
2022 205.03 million constant LCU per square kilometre +13.1%
2023 221.42 million constant LCU per square kilometre +8.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 47.86 million constant LCU per square kilometre 41.62 million constant LCU per square kilometre 54.18 million constant LCU per square kilometre 8
2000s 96.01 million constant LCU per square kilometre 56.99 million constant LCU per square kilometre 136.30 million constant LCU per square kilometre 10
2010s 147.34 million constant LCU per square kilometre 119.51 million constant LCU per square kilometre 182.43 million constant LCU per square kilometre 10
2020s 194.85 million constant LCU per square kilometre 171.67 million constant LCU per square kilometre 221.42 million constant LCU per square kilometre 4

Countries ranked near Armenia

  1. 25 Mauritius 233.62 million constant LCU per square kilometre compare
  2. 26 Nigeria 226.53 million constant LCU per square kilometre compare
  3. 27 Comoros 226.15 million constant LCU per square kilometre compare
  4. 29 Sri Lanka 180.59 million constant LCU per square kilometre compare
  5. 30 Equatorial Guinea 165.62 million constant LCU per square kilometre compare
  6. 31 Jamaica 159.41 million constant LCU per square kilometre compare

See the full ranking of 196 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant lcu), per square in Armenia?
Gross value added at basic prices (gva) (constant lcu), per square in Armenia was 221.42 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), per square recorded in Armenia?
The highest recorded value was 221.42 million constant LCU per square kilometre in 2023.
What is the lowest gross value added at basic prices (gva) (constant lcu), per square recorded in Armenia?
The lowest recorded value was 41.62 million constant LCU per square kilometre in 1993.
How does Armenia rank for gross value added at basic prices (gva) (constant lcu), per square?
Armenia ranks 28th out of 195 countries with data for 2023.
Is gross value added at basic prices (gva) (constant lcu), per square rising or falling in Armenia?
Over the last ten years it is up 60.4%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), per square in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-per-square-kilometre/armenia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-per-square-kilometre/armenia/">Gross value added at basic prices (GVA) (constant LCU), per square in Armenia</a> — Statizoid

How this figure is calculated

Gross value added at basic prices (GVA) (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (constant LCU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 7,796 data points, 1961–2023
Last refreshed

Gross value added at basic prices (GVA) (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.