Gross value added at basic prices (GVA) in Armenia

Armenia: Gross value added at basic prices (GVA) was 10.11 trillion current LCU in 2025. ▲ Rising

Latest (2025)
10.11 trillion current LCU
Change on year
up 10.2%
World rank
57th
of 206 countries
All-time high
10.11 trillion current LCU
in 2025
All-time low
3.81 trillion current LCU
in 2012
Years of data
14
2012–2025

Gross value added at basic prices (GVA) in Armenia, 2012–2025

02.5T5.0T7.5T10.0T2012201820252012: 3.8T current LCU2013: 4.0T current LCU2014: 4.3T current LCU2015: 4.5T current LCU2016: 4.6T current LCU2017: 5.0T current LCU2018: 5.4T current LCU2019: 5.8T current LCU2020: 5.5T current LCU2021: 6.2T current LCU2022: 7.6T current LCU2023: 8.5T current LCU2024: 9.2T current LCU2025: 10.1T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2025, gross value added at basic prices (gva) in Armenia stood at 10.11 trillion current LCU. That is the highest value across all 14 years on record.

That represents a change of up 10.2% on the previous year and up 124.3% over ten years.

Over the whole period, gross value added at basic prices (gva) in Armenia peaked at 10.11 trillion current LCU in 2025 and was at its lowest, 3.81 trillion current LCU, in 2012.

Armenia ranks 57th of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.67 trillion current LCU 3.81 trillion current LCU 5.80 trillion current LCU 8
2020s 7.85 trillion current LCU 5.51 trillion current LCU 10.11 trillion current LCU 6

Countries ranked near Armenia

  1. 54 Gabon 12.01 trillion current LCU compare
  2. 55 Yemen 11.12 trillion current LCU compare
  3. 56 Brazil 10.95 trillion current LCU compare
  4. 58 Congo 8.98 trillion current LCU compare
  5. 59 Serbia 8.87 trillion current LCU compare
  6. 60 Czechia 7.83 trillion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross value added at basic prices (gva) in Armenia?
Gross value added at basic prices (gva) in Armenia was 10.11 trillion current LCU 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 10.11 trillion current LCU in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Armenia?
The lowest recorded value was 3.81 trillion current LCU in 2012.
How does Armenia rank for gross value added at basic prices (gva)?
Armenia ranks 57th out of 206 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 124.3%. 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) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.