Services, value added (current LCU), annual growth rate in Armenia
Armenia: Services, value added (current LCU), annual growth rate was 9.86 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Armenia, 2013–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current lcu), annual growth rate in Armenia is 9.86 % change on previous year, measured in 2025.
The figure is down 4.3% on the previous year and up 58.7% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Armenia peaked at 27.41 % change on previous year in 2022 and was at its lowest, -6.8 % change on previous year, in 2020.
That places Armenia 59th out of 204 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 6.9 % change on previous year | — |
| 2014 | 9.85 % change on previous year | +42.8% |
| 2015 | 6.21 % change on previous year | -36.9% |
| 2016 | 4.01 % change on previous year | -35.5% |
| 2017 | 11.69 % change on previous year | +191.8% |
| 2018 | 12.08 % change on previous year | +3.3% |
| 2019 | 11.55 % change on previous year | -4.3% |
| 2020 | -6.8 % change on previous year | -158.9% |
| 2021 | 12.75 % change on previous year | -287.4% |
| 2022 | 27.41 % change on previous year | +114.9% |
| 2023 | 21.15 % change on previous year | -22.8% |
| 2024 | 10.31 % change on previous year | -51.3% |
| 2025 | 9.86 % change on previous year | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.9 % change on previous year | 4.01 % change on previous year | 12.08 % change on previous year | 7 |
| 2020s | 12.45 % change on previous year | -6.8 % change on previous year | 27.41 % change on previous year | 6 |
Countries ranked near Armenia
- 56 United States of America 9.94 % change on previous year compare
- 57 Colombia 9.9 % change on previous year compare
- 58 Fiji 9.87 % change on previous year compare
- 60 Namibia 9.74 % change on previous year compare
- 61 Iceland 9.72 % change on previous year compare
- 62 North Macedonia 9.63 % 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)
- Services, value added (current US$), annual growth rate 11.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6134 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 5,811 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 237.38 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 2.25 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.9 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3609 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,419 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Armenia?
- Services, value added (current lcu), annual growth rate in Armenia was 9.86 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Armenia?
- The highest recorded value was 27.41 % change on previous year in 2022.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Armenia?
- The lowest recorded value was -6.8 % change on previous year in 2020.
- How does Armenia rank for services, value added (current lcu), annual growth rate?
- Armenia ranks 59th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 58.7%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.