Services, value added (constant LCU), annual growth rate in Armenia
Armenia: Services, value added (constant LCU), annual growth rate was 6.9 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Armenia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Armenia recorded 6.9 % change on previous year for services, value added (constant lcu), annual growth rate in 2025.
The figure is down 16.9% on the previous year and up 590.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Armenia peaked at 57.73 % change on previous year in 1992 and was at its lowest, -22.69 % change on previous year, in 1993.
That places Armenia 23rd out of 196 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.
Services, value added (constant LCU), annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 0.7699 % change on previous year | — |
| 1992 | 57.73 % change on previous year | +7398.8% |
| 1993 | -22.69 % change on previous year | -139.3% |
| 1994 | 7.15 % change on previous year | -131.5% |
| 1995 | 15.67 % change on previous year | +119.4% |
| 1996 | 5.48 % change on previous year | -65.0% |
| 1997 | 4.85 % change on previous year | -11.5% |
| 1998 | 4.51 % change on previous year | -7.1% |
| 1999 | 4.34 % change on previous year | -3.6% |
| 2000 | -6.13 % change on previous year | -241.3% |
| 2001 | 9.95 % change on previous year | -262.1% |
| 2002 | 16.39 % change on previous year | +64.8% |
| 2003 | 12.58 % change on previous year | -23.3% |
| 2004 | 12.89 % change on previous year | +2.5% |
| 2005 | 16.5 % change on previous year | +28.0% |
| 2006 | 22.16 % change on previous year | +34.4% |
| 2007 | 10.75 % change on previous year | -51.5% |
| 2008 | 5.34 % change on previous year | -50.4% |
| 2009 | -6.84 % change on previous year | -228.1% |
| 2010 | 8.52 % change on previous year | -224.7% |
| 2011 | -1.74 % change on previous year | -120.4% |
| 2012 | 5.36 % change on previous year | -408.0% |
| 2013 | 2.8 % change on previous year | -47.7% |
| 2014 | 6.7 % change on previous year | +139.3% |
| 2015 | 0.9997 % change on previous year | -85.1% |
| 2016 | 3.4 % change on previous year | +240.1% |
| 2017 | 10.4 % change on previous year | +205.9% |
| 2018 | 9.2 % change on previous year | -11.5% |
| 2019 | 9.8 % change on previous year | +6.5% |
| 2020 | -8.7 % change on previous year | -188.8% |
| 2021 | 7.6 % change on previous year | -187.4% |
| 2022 | 17.8 % change on previous year | +134.2% |
| 2023 | 13.1 % change on previous year | -26.4% |
| 2024 | 8.3 % change on previous year | -36.6% |
| 2025 | 6.9 % change on previous year | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.65 % change on previous year | -22.69 % change on previous year | 57.73 % change on previous year | 9 |
| 2000s | 9.36 % change on previous year | -6.84 % change on previous year | 22.16 % change on previous year | 10 |
| 2010s | 5.54 % change on previous year | -1.74 % change on previous year | 10.4 % change on previous year | 10 |
| 2020s | 7.5 % change on previous year | -8.7 % change on previous year | 17.8 % change on previous year | 6 |
Countries ranked near Armenia
- 20 Côte d'Ivoire 7.29 % change on previous year compare
- 21 Libya 7.16 % change on previous year compare
- 22 Mali 7.14 % change on previous year compare
- 24 Congo, Democratic Republic of the 6.78 % change on previous year compare
- 25 Gambia 6.64 % change on previous year compare
- 26 Burundi 6.52 % change on previous year 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -23.7 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3514 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,329 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -120.54 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -117.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.86 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 30.71 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 290,928 current LCU per person (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Armenia?
- Services, value added (constant lcu), annual growth rate in Armenia was 6.9 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Armenia?
- The highest recorded value was 57.73 % change on previous year in 1992.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Armenia?
- The lowest recorded value was -22.69 % change on previous year in 1993.
- How does Armenia rank for services, value added (constant lcu), annual growth rate?
- Armenia ranks 23rd out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 590.2%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.