Gross value added at basic prices (GVA) (current LCU), annual growth in Armenia
Armenia: Gross value added at basic prices (GVA) (current LCU), annual growth was 10.16 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Armenia, 2013–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Armenia recorded 10.16 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2025.
The figure is up 22.0% on the previous year and up 92.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Armenia peaked at 22.4 % change on previous year in 2022 and was at its lowest, -5 % change on previous year, in 2020.
That places Armenia 58th out of 205 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 6.33 % change on previous year | — |
| 2014 | 5.76 % change on previous year | -9.0% |
| 2015 | 5.27 % change on previous year | -8.5% |
| 2016 | 1.12 % change on previous year | -78.7% |
| 2017 | 9.52 % change on previous year | +747.0% |
| 2018 | 7.72 % change on previous year | -18.9% |
| 2019 | 7.81 % change on previous year | +1.2% |
| 2020 | -5 % change on previous year | -164.0% |
| 2021 | 13.01 % change on previous year | -360.0% |
| 2022 | 22.4 % change on previous year | +72.2% |
| 2023 | 11.23 % change on previous year | -49.8% |
| 2024 | 8.33 % change on previous year | -25.9% |
| 2025 | 10.16 % change on previous year | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.22 % change on previous year | 1.12 % change on previous year | 9.52 % change on previous year | 7 |
| 2020s | 10.02 % change on previous year | -5 % change on previous year | 22.4 % change on previous year | 6 |
Countries ranked near Armenia
- 55 United States 10.53 % change on previous year compare
- 56 Bulgaria 10.43 % change on previous year compare
- 57 Myanmar 10.26 % change on previous year compare
- 59 Cote d'Ivoire 10.04 % change on previous year compare
- 60 Guinea-Bissau 10.01 % change on previous year compare
- 61 Paraguay 9.99 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5394 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,110 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 6.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 243.54 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 2.31 million constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Armenia?
- Gross value added at basic prices (gva) (current lcu), annual growth in Armenia was 10.16 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Armenia?
- The highest recorded value was 22.4 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Armenia?
- The lowest recorded value was -5 % change on previous year in 2020.
- How does Armenia rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Armenia ranks 58th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Armenia?
- Over the last ten years it is up 92.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.