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

Armenia: Gross value added at basic prices (GVA) (current LCU), per square was 300.51 million current LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
300.51 million current LCU per square kilometre
Change on year
up 11.2%
World rank
29th
of 204 countries
All-time high
300.51 million current LCU per square kilometre
in 2023
All-time low
133.76 million current LCU per square kilometre
in 2012
Years of data
12
2012–2023

Gross value added at basic prices (GVA) (current LCU), per square in Armenia, 2012–2023

0100.0M200.0M300.0M2012201720232012: 133.8M current LCU per square kilometre2013: 142.2M current LCU per square kilometre2014: 150.4M current LCU per square kilometre2015: 158.3M current LCU per square kilometre2016: 160.1M current LCU per square kilometre2017: 175.4M current LCU per square kilometre2018: 188.9M current LCU per square kilometre2019: 203.7M current LCU per square kilometre2020: 195.3M current LCU per square kilometre2021: 220.7M current LCU per square kilometre2022: 270.2M current LCU per square kilometre2023: 300.5M current LCU per square kilometre

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

Analysis

Armenia recorded 300.51 million current LCU per square kilometre for gross value added at basic prices (gva) (current lcu), per square in 2023. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 11.2% on the previous year and up 111.3% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), per square in Armenia peaked at 300.51 million current LCU per square kilometre in 2023 and was at its lowest, 133.76 million current LCU per square kilometre, in 2012.

Armenia ranks 29th of 204 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 12 years of available data.

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

Annual values for Gross value added at basic prices (GVA) (current LCU), per square kilometre in Armenia, 2012 to 2023.
Year current LCU per square kilometre Change
2012 133.76 million current LCU per square kilometre
2013 142.23 million current LCU per square kilometre +6.3%
2014 150.41 million current LCU per square kilometre +5.8%
2015 158.34 million current LCU per square kilometre +5.3%
2016 160.12 million current LCU per square kilometre +1.1%
2017 175.36 million current LCU per square kilometre +9.5%
2018 188.89 million current LCU per square kilometre +7.7%
2019 203.65 million current LCU per square kilometre +7.8%
2020 195.34 million current LCU per square kilometre -4.1%
2021 220.75 million current LCU per square kilometre +13.0%
2022 270.18 million current LCU per square kilometre +22.4%
2023 300.51 million current LCU per square kilometre +11.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 164.09 million current LCU per square kilometre 133.76 million current LCU per square kilometre 203.65 million current LCU per square kilometre 8
2020s 246.69 million current LCU per square kilometre 195.34 million current LCU per square kilometre 300.51 million current LCU per square kilometre 4

Countries ranked near Armenia

  1. 26 Nigeria 339.83 million current LCU per square kilometre compare
  2. 27 Comoros 339.73 million current LCU per square kilometre compare
  3. 28 Bangladesh 334.13 million current LCU per square kilometre compare
  4. 30 Maldives 292.25 million current LCU per square kilometre compare
  5. 31 Mauritius 276.61 million current LCU per square kilometre compare
  6. 32 Equatorial Guinea 268.64 million current LCU per square kilometre compare

See the full ranking of 205 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), per square in Armenia?
Gross value added at basic prices (gva) (current lcu), per square in Armenia was 300.51 million current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), per square recorded in Armenia?
The highest recorded value was 300.51 million current LCU per square kilometre in 2023.
What is the lowest gross value added at basic prices (gva) (current lcu), per square recorded in Armenia?
The lowest recorded value was 133.76 million current LCU per square kilometre in 2012.
How does Armenia rank for gross value added at basic prices (gva) (current lcu), per square?
Armenia ranks 29th out of 204 countries with data for 2023.
Is gross value added at basic prices (gva) (current lcu), per square rising or falling in Armenia?
Over the last ten years it is up 111.3%. 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) (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), per square in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/armenia/

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

How this figure is calculated

Gross value added at basic prices (GVA) (current 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) (current 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) (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 8,532 data points, 1961–2023
Last refreshed

Gross value added at basic prices (GVA) (current 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.