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
Gross value added at basic prices (GVA) in Armenia, 2012–2025
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 207 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.
Gross value added at basic prices (GVA) in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 3.81 trillion current LCU | — |
| 2013 | 4.05 trillion current LCU | +6.3% |
| 2014 | 4.28 trillion current LCU | +5.8% |
| 2015 | 4.51 trillion current LCU | +5.3% |
| 2016 | 4.56 trillion current LCU | +1.1% |
| 2017 | 4.99 trillion current LCU | +9.5% |
| 2018 | 5.38 trillion current LCU | +7.7% |
| 2019 | 5.80 trillion current LCU | +7.8% |
| 2020 | 5.51 trillion current LCU | -5.0% |
| 2021 | 6.22 trillion current LCU | +13.0% |
| 2022 | 7.62 trillion current LCU | +22.4% |
| 2023 | 8.47 trillion current LCU | +11.2% |
| 2024 | 9.18 trillion current LCU | +8.3% |
| 2025 | 10.11 trillion current LCU | +10.2% |
Armenia compared with similar countries
- Armenia's 10.11 trillion current LCU is above the median for upper middle income countries, which is 896.75 billion current LCU, 11.3× the median. (58 countries reporting)
- Armenia's 10.11 trillion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 26.6× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 207 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
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.