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
Gross value added at basic prices (GVA) in Armenia, 2012–2025
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$, in 2015.
Armenia ranks 117th of 207 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Gross value added at basic prices (GVA) in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 9.48 billion current US$ | — |
| 2013 | 9.89 billion current US$ | +4.3% |
| 2014 | 10.30 billion current US$ | +4.2% |
| 2015 | 9.43 billion current US$ | -8.4% |
| 2016 | 9.49 billion current US$ | +0.6% |
| 2017 | 10.34 billion current US$ | +9.0% |
| 2018 | 11.13 billion current US$ | +7.7% |
| 2019 | 12.07 billion current US$ | +8.4% |
| 2020 | 11.26 billion current US$ | -6.7% |
| 2021 | 12.36 billion current US$ | +9.7% |
| 2022 | 17.49 billion current US$ | +41.5% |
| 2023 | 21.59 billion current US$ | +23.5% |
| 2024 | 23.37 billion current US$ | +8.3% |
| 2025 | 26.13 billion current US$ | +11.8% |
Armenia compared with similar countries
- Armenia's 26.13 billion current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 66% of the median. (58 countries reporting)
- Armenia's 26.13 billion current US$ is below the median for Europe & Central Asia, which is 89.25 billion current US$, 29% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.27 billion current US$ | 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
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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Armenia?
- Gross value added at basic prices (gva) in Armenia was 26.13 billion current US$ 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 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 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.
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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 indicator is expressed in United States dollars.