Industry (including construction), value added in Armenia
Armenia: Industry (including construction), value added was 4.42 billion constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Armenia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Armenia is 4.42 billion constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 62.9% over ten years.
Over the whole period, industry (including construction), value added in Armenia peaked at 4.42 billion constant 2015 US$ in 2025 and was at its lowest, 760.21 million constant 2015 US$, in 1992.
Armenia ranks 121st of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Industry (including construction), value added in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 3.34 billion constant 2015 US$ | — |
| 1991 | 2.81 billion constant 2015 US$ | -16.0% |
| 1992 | 760.21 million constant 2015 US$ | -73.0% |
| 1993 | 765.42 million constant 2015 US$ | +0.7% |
| 1994 | 832.25 million constant 2015 US$ | +8.7% |
| 1995 | 838.75 million constant 2015 US$ | +0.8% |
| 1996 | 888.91 million constant 2015 US$ | +6.0% |
| 1997 | 906.01 million constant 2015 US$ | +1.9% |
| 1998 | 914.18 million constant 2015 US$ | +0.9% |
| 1999 | 969.16 million constant 2015 US$ | +6.0% |
| 2000 | 1.20 billion constant 2015 US$ | +23.7% |
| 2001 | 1.26 billion constant 2015 US$ | +5.2% |
| 2002 | 1.53 billion constant 2015 US$ | +21.3% |
| 2003 | 1.91 billion constant 2015 US$ | +24.7% |
| 2004 | 2.05 billion constant 2015 US$ | +7.4% |
| 2005 | 2.35 billion constant 2015 US$ | +14.8% |
| 2006 | 2.74 billion constant 2015 US$ | +16.6% |
| 2007 | 3.05 billion constant 2015 US$ | +11.3% |
| 2008 | 3.28 billion constant 2015 US$ | +7.4% |
| 2009 | 2.34 billion constant 2015 US$ | -28.6% |
| 2010 | 2.52 billion constant 2015 US$ | +7.4% |
| 2011 | 2.56 billion constant 2015 US$ | +1.8% |
| 2012 | 2.69 billion constant 2015 US$ | +5.0% |
| 2013 | 2.70 billion constant 2015 US$ | +0.5% |
| 2014 | 2.64 billion constant 2015 US$ | -2.3% |
| 2015 | 2.71 billion constant 2015 US$ | +2.8% |
| 2016 | 2.70 billion constant 2015 US$ | -0.3% |
| 2017 | 2.95 billion constant 2015 US$ | +9.0% |
| 2018 | 3.06 billion constant 2015 US$ | +3.7% |
| 2019 | 3.38 billion constant 2015 US$ | +10.5% |
| 2020 | 3.29 billion constant 2015 US$ | -2.5% |
| 2021 | 3.38 billion constant 2015 US$ | +2.6% |
| 2022 | 3.71 billion constant 2015 US$ | +9.8% |
| 2023 | 3.79 billion constant 2015 US$ | +2.0% |
| 2024 | 4.04 billion constant 2015 US$ | +6.8% |
| 2025 | 4.42 billion constant 2015 US$ | +9.3% |
Armenia compared with similar countries
- Armenia's 4.42 billion constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 31% of the median. (58 countries reporting)
- Armenia's 4.42 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 21.78 billion constant 2015 US$, 20% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -73.0% | 2.81 billion constant 2015 US$ | 760.21 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.30 billion constant 2015 US$ | 760.21 million constant 2015 US$ | 3.34 billion constant 2015 US$ | 10 |
| 2000s | 2.17 billion constant 2015 US$ | 1.20 billion constant 2015 US$ | 3.28 billion constant 2015 US$ | 10 |
| 2010s | 2.79 billion constant 2015 US$ | 2.52 billion constant 2015 US$ | 3.38 billion constant 2015 US$ | 10 |
| 2020s | 3.77 billion constant 2015 US$ | 3.29 billion constant 2015 US$ | 4.42 billion constant 2015 US$ | 6 |
Countries ranked near Armenia
- 118 Botswana 4.77 billion constant 2015 US$ compare
- 119 Georgia 4.61 billion constant 2015 US$ compare
- 120 Nicaragua 4.57 billion constant 2015 US$ compare
- 122 Iceland 4.38 billion constant 2015 US$ compare
- 123 Mali 4.35 billion constant 2015 US$ compare
- 124 Afghanistan 4.34 billion constant 2015 US$ compare
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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Armenia?
- Industry (including construction), value added in Armenia was 4.42 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Armenia?
- The highest recorded value was 4.42 billion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Armenia?
- The lowest recorded value was 760.21 million constant 2015 US$ in 1992.
- How does Armenia rank for industry (including construction), value added?
- Armenia ranks 121st out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Armenia?
- Over the last ten years it is up 62.9%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.