Services, value added in Armenia
Armenia: Services, value added was 17.94 billion current US$ in 2025. ◆ Volatile
Services, value added in Armenia, 2012–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Armenia recorded 17.94 billion current US$ for services, value added in 2025. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 11.5% on the previous year and up 252.5% over ten years.
Over the whole period, services, value added in Armenia peaked at 17.94 billion current US$ in 2025 and was at its lowest, 4.85 billion current US$, in 2012.
That places Armenia 109th out of 206 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 4.85 billion current US$ | — |
| 2013 | 5.09 billion current US$ | +4.8% |
| 2014 | 5.50 billion current US$ | +8.2% |
| 2015 | 5.09 billion current US$ | -7.6% |
| 2016 | 5.26 billion current US$ | +3.5% |
| 2017 | 5.85 billion current US$ | +11.2% |
| 2018 | 6.55 billion current US$ | +12.0% |
| 2019 | 7.35 billion current US$ | +12.1% |
| 2020 | 6.73 billion current US$ | -8.4% |
| 2021 | 7.37 billion current US$ | +9.5% |
| 2022 | 10.85 billion current US$ | +47.3% |
| 2023 | 14.60 billion current US$ | +34.5% |
| 2024 | 16.09 billion current US$ | +10.2% |
| 2025 | 17.94 billion current US$ | +11.5% |
Armenia compared with similar countries
- Armenia's 17.94 billion current US$ is below the median for upper middle income countries, which is 24.02 billion current US$, 75% of the median. (58 countries reporting)
- Armenia's 17.94 billion current US$ is below the median for Europe & Central Asia, which is 66.18 billion current US$, 27% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Services, value added in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +47.3% | 7.37 billion current US$ | 10.85 billion current US$ |
| 2023 | +34.5% | 10.85 billion current US$ | 14.60 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.69 billion current US$ | 4.85 billion current US$ | 7.35 billion current US$ | 8 |
| 2020s | 12.26 billion current US$ | 6.73 billion current US$ | 17.94 billion current US$ | 6 |
Countries ranked near Armenia
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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Armenia?
- Services, value added in Armenia was 17.94 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Armenia?
- The highest recorded value was 17.94 billion current US$ in 2025.
- What is the lowest services, value added recorded in Armenia?
- The lowest recorded value was 4.85 billion current US$ in 2012.
- How does Armenia rank for services, value added?
- Armenia ranks 109th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Armenia?
- Over the last ten years it is up 252.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
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 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.