Industry (including construction), value added in Armenia
Armenia: Industry (including construction), value added was 1.95 trillion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Armenia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Armenia recorded 1.95 trillion constant LCU for industry (including construction), value added in 2025. That is the highest value across all 36 years on record.
The figure 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 1.95 trillion constant LCU in 2025 and was at its lowest, 335.78 billion constant LCU, in 1992.
That places Armenia 51st out of 200 countries with data for 2025, putting it 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 LCU | Change |
|---|---|---|
| 1990 | 1.48 trillion constant LCU | — |
| 1991 | 1.24 trillion constant LCU | -16.0% |
| 1992 | 335.78 billion constant LCU | -73.0% |
| 1993 | 338.08 billion constant LCU | +0.7% |
| 1994 | 367.60 billion constant LCU | +8.7% |
| 1995 | 370.47 billion constant LCU | +0.8% |
| 1996 | 392.63 billion constant LCU | +6.0% |
| 1997 | 400.18 billion constant LCU | +1.9% |
| 1998 | 403.79 billion constant LCU | +0.9% |
| 1999 | 428.07 billion constant LCU | +6.0% |
| 2000 | 529.63 billion constant LCU | +23.7% |
| 2001 | 556.93 billion constant LCU | +5.2% |
| 2002 | 675.76 billion constant LCU | +21.3% |
| 2003 | 842.89 billion constant LCU | +24.7% |
| 2004 | 905.13 billion constant LCU | +7.4% |
| 2005 | 1.04 trillion constant LCU | +14.8% |
| 2006 | 1.21 trillion constant LCU | +16.6% |
| 2007 | 1.35 trillion constant LCU | +11.3% |
| 2008 | 1.45 trillion constant LCU | +7.4% |
| 2009 | 1.03 trillion constant LCU | -28.6% |
| 2010 | 1.11 trillion constant LCU | +7.4% |
| 2011 | 1.13 trillion constant LCU | +1.8% |
| 2012 | 1.19 trillion constant LCU | +5.0% |
| 2013 | 1.19 trillion constant LCU | +0.5% |
| 2014 | 1.17 trillion constant LCU | -2.3% |
| 2015 | 1.20 trillion constant LCU | +2.8% |
| 2016 | 1.19 trillion constant LCU | -0.3% |
| 2017 | 1.30 trillion constant LCU | +9.0% |
| 2018 | 1.35 trillion constant LCU | +3.7% |
| 2019 | 1.49 trillion constant LCU | +10.5% |
| 2020 | 1.45 trillion constant LCU | -2.5% |
| 2021 | 1.49 trillion constant LCU | +2.6% |
| 2022 | 1.64 trillion constant LCU | +9.8% |
| 2023 | 1.67 trillion constant LCU | +2.0% |
| 2024 | 1.79 trillion constant LCU | +6.8% |
| 2025 | 1.95 trillion constant LCU | +9.3% |
Armenia compared with similar countries
- Armenia's 1.95 trillion constant LCU is above the median for upper middle income countries, which is 124.14 billion constant LCU, 15.7× the median. (58 countries reporting)
- Armenia's 1.95 trillion constant LCU is above the median for Europe & Central Asia, which is 99.16 billion constant LCU, 19.7× the median. (54 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% | 1.24 trillion constant LCU | 335.78 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 575.52 billion constant LCU | 335.78 billion constant LCU | 1.48 trillion constant LCU | 10 |
| 2000s | 959.04 billion constant LCU | 529.63 billion constant LCU | 1.45 trillion constant LCU | 10 |
| 2010s | 1.23 trillion constant LCU | 1.11 trillion constant LCU | 1.49 trillion constant LCU | 10 |
| 2020s | 1.67 trillion constant LCU | 1.45 trillion constant LCU | 1.95 trillion constant 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 industry (including construction), value added in Armenia?
- Industry (including construction), value added in Armenia was 1.95 trillion constant LCU 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 1.95 trillion constant LCU in 2025.
- What is the lowest industry (including construction), value added recorded in Armenia?
- The lowest recorded value was 335.78 billion constant LCU in 1992.
- How does Armenia rank for industry (including construction), value added?
- Armenia ranks 51st out of 200 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.