Services, value added in Armenia, Republic of

Armenia, Republic of: Services, value added was 6.9% in 2025. β—† Volatile

Latest (2025)
6.9%
Change on year
down 16.9%
World rank
23rd
of 197 countries
All-time high
57.7%
in 1992
All-time low
-22.7%
in 1993
Years of data
35
1991–2025

Services, value added in Armenia, Republic of, 1991–2025

-2002040601991200820251991: 0.77 annual % growth1992: 57.7 annual % growth1993: -22.7 annual % growth1994: 7.1 annual % growth1995: 15.7 annual % growth1996: 5.5 annual % growth1997: 4.8 annual % growth1998: 4.5 annual % growth1999: 4.3 annual % growth2000: -6.1 annual % growth2001: 9.9 annual % growth2002: 16.4 annual % growth2003: 12.6 annual % growth2004: 12.9 annual % growth2005: 16.5 annual % growth2006: 22.2 annual % growth2007: 10.8 annual % growth2008: 5.3 annual % growth2009: -6.8 annual % growth2010: 8.5 annual % growth2011: -1.7 annual % growth2012: 5.4 annual % growth2013: 2.8 annual % growth2014: 6.7 annual % growth2015: 1 annual % growth2016: 3.4 annual % growth2017: 10.4 annual % growth2018: 9.2 annual % growth2019: 9.8 annual % growth2020: -8.7 annual % growth2021: 7.6 annual % growth2022: 17.8 annual % growth2023: 13.1 annual % growth2024: 8.3 annual % growth2025: 6.9 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

Armenia, Republic of recorded 6.9% for services, value added in 2025.

The figure is down 16.9% on the previous year and up 590.0% over ten years.

Over the whole period, services, value added in Armenia, Republic of peaked at 57.7% in 1992 and was at its lowest, -22.7%, in 1993.

That places Armenia, Republic of 23rd out of 197 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.6% -22.7% 57.7% 9
2000s 9.4% -6.8% 22.2% 10
2010s 5.5% -1.7% 10.4% 10
2020s 7.5% -8.7% 17.8% 6

Countries ranked near Armenia, Republic of

  1. 20 CΓ΄te d'Ivoire 7.3% compare
  2. 21 Libya 7.2% compare
  3. 22 Mali 7.1% compare
  4. 24 Congo, Democratic Republic of the 6.8% compare
  5. 25 Gambia, The 6.6% compare
  6. 26 Burundi 6.5% compare

See the full ranking of 240 places β†’

More economy & growth data for Armenia, Republic of

All data for Armenia, Republic of β†’

Frequently asked questions

What is services, value added in Armenia, Republic of?
Services, value added in Armenia, Republic of was 6.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Armenia, Republic of?
The highest recorded value was 57.7% in 1992.
What is the lowest services, value added recorded in Armenia, Republic of?
The lowest recorded value was -22.7% in 1993.
How does Armenia, Republic of rank for services, value added?
Armenia, Republic of ranks 23rd out of 197 countries with data for 2025.
Is services, value added rising or falling in Armenia, Republic of?
Over the last ten years it is up 590.0%. The long-run trend across the full record is volatile.
Where does this Armenia, Republic of data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.

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Services, value added in Armenia, Republic of. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 18 August 2026, from https://economy.statizoid.com/stat/services-value-added-annual-percent-growth/armenia/

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.