Services, value added (% of GDP) in Armenia
Armenia: Services, value added (% of GDP) was 61.3% in 2025. ▲ Rising
Services, value added in Armenia, 2012–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, services, value added in Armenia stood at 61.3%.
The figure is down 1.1% on the previous year and up 27.2% over ten years.
Over the whole period, services, value added in Armenia peaked at 62.0% in 2024 and was at its lowest, 45.7%, in 2012.
That places Armenia 78th out of 206 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Services, value added (% of GDP) in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 45.7% | — |
| 2013 | 45.7% | +0.1% |
| 2014 | 47.4% | +3.6% |
| 2015 | 48.2% | +1.7% |
| 2016 | 49.9% | +3.5% |
| 2017 | 50.8% | +1.7% |
| 2018 | 52.6% | +3.6% |
| 2019 | 54.0% | +2.6% |
| 2020 | 53.2% | -1.4% |
| 2021 | 53.1% | -0.3% |
| 2022 | 55.6% | +4.8% |
| 2023 | 60.3% | +8.5% |
| 2024 | 62.0% | +2.7% |
| 2025 | 61.3% | -1.1% |
Armenia compared with similar countries
- Armenia's 61.3% is above the median for upper middle income countries, which is 58.1%, 1.1× the median. (58 countries reporting)
- Armenia's 61.3% is below the median for Europe & Central Asia, which is 61.4%, 100% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 49.3% | 45.7% | 54.0% | 8 |
| 2020s | 57.6% | 53.1% | 62.0% | 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Armenia?
- Services, value added in Armenia was 61.3% 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 62.0% in 2024.
- What is the lowest services, value added recorded in Armenia?
- The lowest recorded value was 45.7% in 2012.
- How does Armenia rank for services, value added?
- Armenia ranks 78th 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 27.2%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.