Manufacturing, value added in Armenia
Armenia: Manufacturing, value added was 1.69 billion constant 2015 US$ in 2025. ▲ Rising
Manufacturing, value added in Armenia, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, manufacturing, value added in Armenia stood at 1.69 billion constant 2015 US$. That is the highest value across all 36 years on record.
That represents a change of up 2.0% on the previous year and up 74.0% over ten years.
Over the whole period, manufacturing, value added in Armenia peaked at 1.69 billion constant 2015 US$ in 2025 and was at its lowest, 325.25 million constant 2015 US$, in 1992.
That places Armenia 116th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Manufacturing, value added in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 840.70 million constant 2015 US$ | — |
| 1991 | 807.07 million constant 2015 US$ | -4.0% |
| 1992 | 325.25 million constant 2015 US$ | -59.7% |
| 1993 | 354.20 million constant 2015 US$ | +8.9% |
| 1994 | 388.20 million constant 2015 US$ | +9.6% |
| 1995 | 398.30 million constant 2015 US$ | +2.6% |
| 1996 | 402.67 million constant 2015 US$ | +1.1% |
| 1997 | 407.91 million constant 2015 US$ | +1.3% |
| 1998 | 398.83 million constant 2015 US$ | -2.2% |
| 1999 | 420.37 million constant 2015 US$ | +5.4% |
| 2000 | 448.11 million constant 2015 US$ | +6.6% |
| 2001 | 492.22 million constant 2015 US$ | +9.8% |
| 2002 | 577.12 million constant 2015 US$ | +17.2% |
| 2003 | 675.13 million constant 2015 US$ | +17.0% |
| 2004 | 657.96 million constant 2015 US$ | -2.5% |
| 2005 | 716.12 million constant 2015 US$ | +8.8% |
| 2006 | 712.81 million constant 2015 US$ | -0.5% |
| 2007 | 724.18 million constant 2015 US$ | +1.6% |
| 2008 | 730.70 million constant 2015 US$ | +0.9% |
| 2009 | 678.73 million constant 2015 US$ | -7.1% |
| 2010 | 760.86 million constant 2015 US$ | +12.1% |
| 2011 | 865.10 million constant 2015 US$ | +13.7% |
| 2012 | 900.57 million constant 2015 US$ | +4.1% |
| 2013 | 969.91 million constant 2015 US$ | +7.7% |
| 2014 | 1.03 billion constant 2015 US$ | +6.0% |
| 2015 | 971.56 million constant 2015 US$ | -5.5% |
| 2016 | 1.08 billion constant 2015 US$ | +11.1% |
| 2017 | 1.21 billion constant 2015 US$ | +11.8% |
| 2018 | 1.34 billion constant 2015 US$ | +11.2% |
| 2019 | 1.47 billion constant 2015 US$ | +9.5% |
| 2020 | 1.41 billion constant 2015 US$ | -4.0% |
| 2021 | 1.45 billion constant 2015 US$ | +2.6% |
| 2022 | 1.63 billion constant 2015 US$ | +12.5% |
| 2023 | 1.59 billion constant 2015 US$ | -2.5% |
| 2024 | 1.66 billion constant 2015 US$ | +4.4% |
| 2025 | 1.69 billion constant 2015 US$ | +2.0% |
Armenia compared with similar countries
- Armenia's 1.69 billion constant 2015 US$ is below the median for upper middle income countries, which is 3.45 billion constant 2015 US$, 49% of the median. (56 countries reporting)
- Armenia's 1.69 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 16.04 billion constant 2015 US$, 11% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -59.7% | 807.07 million constant 2015 US$ | 325.25 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 474.35 million constant 2015 US$ | 325.25 million constant 2015 US$ | 840.70 million constant 2015 US$ | 10 |
| 2000s | 641.31 million constant 2015 US$ | 448.11 million constant 2015 US$ | 730.70 million constant 2015 US$ | 10 |
| 2010s | 1.06 billion constant 2015 US$ | 760.86 million constant 2015 US$ | 1.47 billion constant 2015 US$ | 10 |
| 2020s | 1.57 billion constant 2015 US$ | 1.41 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 6 |
Countries ranked near Armenia
- 113 Libya 1.80 billion constant 2015 US$ compare
- 114 Equatorial Guinea 1.74 billion constant 2015 US$ compare
- 115 Kyrgyzstan 1.74 billion constant 2015 US$ compare
- 117 Nepal 1.67 billion constant 2015 US$ compare
- 118 Mauritius 1.65 billion constant 2015 US$ compare
- 119 Eswatini 1.56 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Armenia?
- Manufacturing, value added in Armenia was 1.69 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Armenia?
- The highest recorded value was 1.69 billion constant 2015 US$ in 2025.
- What is the lowest manufacturing, value added recorded in Armenia?
- The lowest recorded value was 325.25 million constant 2015 US$ in 1992.
- How does Armenia rank for manufacturing, value added?
- Armenia ranks 116th out of 186 countries with data for 2025.
- Is manufacturing, value added rising or falling in Armenia?
- Over the last ten years it is up 74.0%. 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 Manufacturing, value added (constant 2015 US$). 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
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.