Gross value added at basic prices (GVA) (current US$), annual growth in Armenia

Armenia: Gross value added at basic prices (GVA) (current US$), annual growth was 11.79 % change on previous year in 2025. ◆ Volatile

Latest (2025)
11.79 % change on previous year
Change on year
up 42.8%
World rank
49th
of 205 countries
All-time high
41.53 % change on previous year
in 2022
All-time low
-8.39 % change on previous year
in 2015
Years of data
13
2013–2025

Gross value added at basic prices (GVA) (current US$), annual growth in Armenia, 2013–2025

-100102030402013201920252013: 4.3 % change on previous year2014: 4.2 % change on previous year2015: -8.4 % change on previous year2016: 0.583 % change on previous year2017: 9 % change on previous year2018: 7.7 % change on previous year2019: 8.4 % change on previous year2020: -6.7 % change on previous year2021: 9.7 % change on previous year2022: 41.5 % change on previous year2023: 23.5 % change on previous year2024: 8.3 % change on previous year2025: 11.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Armenia recorded 11.79 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2025.

That represents a change of up 42.8% on the previous year and up 240.5% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Armenia peaked at 41.53 % change on previous year in 2022 and was at its lowest, -8.39 % change on previous year, in 2015.

Armenia ranks 49th of 205 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current US$), annual growth in Armenia, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Armenia, 2013 to 2025.
Year % change on previous year Change
2013 4.29 % change on previous year
2014 4.16 % change on previous year -3.1%
2015 -8.39 % change on previous year -301.9%
2016 0.583 % change on previous year -106.9%
2017 9.01 % change on previous year +1446.0%
2018 7.66 % change on previous year -15.0%
2019 8.38 % change on previous year +9.5%
2020 -6.67 % change on previous year -179.5%
2021 9.7 % change on previous year -245.5%
2022 41.53 % change on previous year +328.2%
2023 23.47 % change on previous year -43.5%
2024 8.26 % change on previous year -64.8%
2025 11.79 % change on previous year +42.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.67 % change on previous year -8.39 % change on previous year 9.01 % change on previous year 7
2020s 14.68 % change on previous year -6.67 % change on previous year 41.53 % change on previous year 6

Countries ranked near Armenia

  1. 46 Tonga 12.1 % change on previous year compare
  2. 47 Tunisia 11.89 % change on previous year compare
  3. 48 Ukraine 11.87 % change on previous year compare
  4. 50 Republic of Moldova 11.73 % change on previous year compare
  5. 51 Malaysia 11.71 % change on previous year compare
  6. 52 Poland 11.68 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), annual growth in Armenia?
Gross value added at basic prices (gva) (current us$), annual growth in Armenia was 11.79 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Armenia?
The highest recorded value was 41.53 % change on previous year in 2022.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Armenia?
The lowest recorded value was -8.39 % change on previous year in 2015.
How does Armenia rank for gross value added at basic prices (gva) (current us$), annual growth?
Armenia ranks 49th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Armenia?
Over the last ten years it is up 240.5%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/armenia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/armenia/">Gross value added at basic prices (GVA) (current US$), annual growth in Armenia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.