Manufacturing, value added in Armenia

Armenia: Manufacturing, value added was 3.21 billion current US$ in 2025. ▲ Rising

Latest (2025)
3.21 billion current US$
Change on year
up 21.9%
World rank
106th
of 205 countries
All-time high
3.21 billion current US$
in 2025
All-time low
971.56 million current US$
in 2015
Years of data
14
2012–2025

Manufacturing, value added in Armenia, 2012–2025

1.0B1.5B2.0B2.5B3.0B2012201820252012: 1.0B current US$2013: 1.1B current US$2014: 1.1B current US$2015: 971.6M current US$2016: 1.1B current US$2017: 1.2B current US$2018: 1.4B current US$2019: 1.6B current US$2020: 1.6B current US$2021: 1.5B current US$2022: 2.2B current US$2023: 2.5B current US$2024: 2.6B current US$2025: 3.2B current US$

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

Analysis

In 2025, manufacturing, value added in Armenia stood at 3.21 billion current US$. That is the highest value across all 14 years on record.

The figure is up 21.9% on the previous year and up 230.9% over ten years.

Over the whole period, manufacturing, value added in Armenia peaked at 3.21 billion current US$ in 2025 and was at its lowest, 971.56 million current US$, in 2015.

That places Armenia 106th out of 205 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Manufacturing, value added in Armenia, year by year

Annual values for Manufacturing, value added (current US$) in Armenia, 2012 to 2025.
Year current US$ Change
2012 1.00 billion current US$
2013 1.08 billion current US$ +7.6%
2014 1.12 billion current US$ +4.2%
2015 971.56 million current US$ -13.4%
2016 1.08 billion current US$ +11.6%
2017 1.23 billion current US$ +13.0%
2018 1.40 billion current US$ +14.6%
2019 1.60 billion current US$ +13.6%
2020 1.56 billion current US$ -2.2%
2021 1.53 billion current US$ -1.9%
2022 2.23 billion current US$ +45.7%
2023 2.48 billion current US$ +11.0%
2024 2.64 billion current US$ +6.5%
2025 3.21 billion current US$ +21.9%

Armenia compared with similar countries

  • Armenia's 3.21 billion current US$ is below the median for upper middle income countries, which is 4.09 billion current US$, 79% of the median. (59 countries reporting)
  • Armenia's 3.21 billion current US$ is below the median for Europe & Central Asia, which is 16.32 billion current US$, 20% of the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.19 billion current US$ 971.56 million current US$ 1.60 billion current US$ 8
2020s 2.27 billion current US$ 1.53 billion current US$ 3.21 billion current US$ 6

Countries ranked near Armenia

  1. 103 Luxembourg 3.77 billion current US$ compare
  2. 104 Trinidad and Tobago 3.69 billion current US$ compare
  3. 105 Iceland 3.29 billion current US$ compare
  4. 107 Kyrgyzstan 3.10 billion current US$ compare
  5. 108 Georgia 3.05 billion current US$ compare
  6. 109 Equatorial Guinea 2.86 billion current US$ compare

See the full ranking of 253 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is manufacturing, value added in Armenia?
Manufacturing, value added in Armenia was 3.21 billion current 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 3.21 billion current US$ in 2025.
What is the lowest manufacturing, value added recorded in Armenia?
The lowest recorded value was 971.56 million current US$ in 2015.
How does Armenia rank for manufacturing, value added?
Armenia ranks 106th out of 205 countries with data for 2025.
Is manufacturing, value added rising or falling in Armenia?
Over the last ten years it is up 230.9%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.

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Manufacturing, value added in Armenia. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us/armenia/

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About this data

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 10,085 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.