Services, value added per worker in Armenia
Armenia: Services, value added per worker was 15,766 constant 2015 US$ in 2025. ◆ Volatile
Services, value added per worker in Armenia, 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Armenia recorded 15,766 constant 2015 US$ for services, value added per worker in 2025. That is the highest value across all 35 years on record.
That represents a change of up 6.0% on the previous year and up 82.4% over ten years.
Over the whole period, services, value added per worker in Armenia peaked at 15,766 constant 2015 US$ in 2025 and was at its lowest, 1,554 constant 2015 US$, in 1991.
Armenia ranks 90th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added per worker in Armenia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 1,554 constant 2015 US$ | — |
| 1992 | 2,553 constant 2015 US$ | +64.3% |
| 1993 | 2,181 constant 2015 US$ | -14.6% |
| 1994 | 2,465 constant 2015 US$ | +13.0% |
| 1995 | 2,912 constant 2015 US$ | +18.1% |
| 1996 | 3,179 constant 2015 US$ | +9.2% |
| 1997 | 3,413 constant 2015 US$ | +7.3% |
| 1998 | 3,502 constant 2015 US$ | +2.6% |
| 1999 | 3,683 constant 2015 US$ | +5.2% |
| 2000 | 3,317 constant 2015 US$ | -9.9% |
| 2001 | 3,578 constant 2015 US$ | +7.9% |
| 2002 | 4,090 constant 2015 US$ | +14.3% |
| 2003 | 4,420 constant 2015 US$ | +8.1% |
| 2004 | 4,802 constant 2015 US$ | +8.7% |
| 2005 | 5,384 constant 2015 US$ | +12.1% |
| 2006 | 6,362 constant 2015 US$ | +18.2% |
| 2007 | 6,827 constant 2015 US$ | +7.3% |
| 2008 | 7,802 constant 2015 US$ | +14.3% |
| 2009 | 7,346 constant 2015 US$ | -5.8% |
| 2010 | 8,031 constant 2015 US$ | +9.3% |
| 2011 | 7,761 constant 2015 US$ | -3.4% |
| 2012 | 8,024 constant 2015 US$ | +3.4% |
| 2013 | 7,842 constant 2015 US$ | -2.3% |
| 2014 | 8,484 constant 2015 US$ | +8.2% |
| 2015 | 8,643 constant 2015 US$ | +1.9% |
| 2016 | 8,584 constant 2015 US$ | -0.7% |
| 2017 | 9,329 constant 2015 US$ | +8.7% |
| 2018 | 11,186 constant 2015 US$ | +19.9% |
| 2019 | 12,202 constant 2015 US$ | +9.1% |
| 2020 | 10,275 constant 2015 US$ | -15.8% |
| 2021 | 10,421 constant 2015 US$ | +1.4% |
| 2022 | 13,430 constant 2015 US$ | +28.9% |
| 2023 | 14,133 constant 2015 US$ | +5.2% |
| 2024 | 14,872 constant 2015 US$ | +5.2% |
| 2025 | 15,766 constant 2015 US$ | +6.0% |
Armenia compared with similar countries
- Armenia's 15,766 constant 2015 US$ is below the median for upper middle income countries, which is 17,624 constant 2015 US$, 89% of the median. (53 countries reporting)
- Armenia's 15,766 constant 2015 US$ is below the median for Europe & Central Asia, which is 36,689 constant 2015 US$, 43% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Services, value added per worker in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +64.3% | 1,554 constant 2015 US$ | 2,553 constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,827 constant 2015 US$ | 1,554 constant 2015 US$ | 3,683 constant 2015 US$ | 9 |
| 2000s | 5,393 constant 2015 US$ | 3,317 constant 2015 US$ | 7,802 constant 2015 US$ | 10 |
| 2010s | 9,009 constant 2015 US$ | 7,761 constant 2015 US$ | 12,202 constant 2015 US$ | 10 |
| 2020s | 13,149 constant 2015 US$ | 10,275 constant 2015 US$ | 15,766 constant 2015 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is services, value added per worker in Armenia?
- Services, value added per worker in Armenia was 15,766 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Armenia?
- The highest recorded value was 15,766 constant 2015 US$ in 2025.
- What is the lowest services, value added per worker recorded in Armenia?
- The lowest recorded value was 1,554 constant 2015 US$ in 1991.
- How does Armenia rank for services, value added per worker?
- Armenia ranks 90th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Armenia?
- Over the last ten years it is up 82.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.