Gross value added at basic prices (GVA) in Armenia

Armenia: Gross value added at basic prices (GVA) was 26.13 billion current US$ in 2025. ▲ Rising

Latest (2025)
26.13 billion current US$
Change on year
up 11.8%
World rank
117th
of 204 countries
All-time high
26.13 billion current US$
in 2025
All-time low
9.43 billion current US$
in 2015
Years of data
14
2012–2025

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

010.0B20.0B30.0B2012201820252012: 9.5B current US$2013: 9.9B current US$2014: 10.3B current US$2015: 9.4B current US$2016: 9.5B current US$2017: 10.3B current US$2018: 11.1B current US$2019: 12.1B current US$2020: 11.3B current US$2021: 12.4B current US$2022: 17.5B current US$2023: 21.6B current US$2024: 23.4B current US$2025: 26.1B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Armenia recorded 26.13 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 14 years on record.

That represents a change of up 11.8% on the previous year and up 177.0% over ten years.

Over the whole period, gross value added at basic prices (gva) in Armenia peaked at 26.13 billion current US$ in 2025 and was at its lowest, 9.43 billion current US$, in 2015.

Armenia ranks 117th of 204 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 10.27 billion current US$ 9.43 billion current US$ 12.07 billion current US$ 8
2020s 18.70 billion current US$ 11.26 billion current US$ 26.13 billion current US$ 6

Countries ranked near Armenia

  1. 114 Albania 26.37 billion current US$ compare
  2. 115 Guyana 26.28 billion current US$ compare
  3. 116 Guinea 26.19 billion current US$ compare
  4. 119 Burkina Faso 25.29 billion current US$ compare
  5. 120 Trinidad and Tobago 24.25 billion current US$ 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) in Armenia?
Gross value added at basic prices (gva) in Armenia was 26.13 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Armenia?
The highest recorded value was 26.13 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Armenia?
The lowest recorded value was 9.43 billion current US$ in 2015.
How does Armenia rank for gross value added at basic prices (gva)?
Armenia ranks 117th out of 204 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 177.0%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 indicator is expressed in United States dollars.