Value Added Deflator (Manufacturing) — Value Standard Local Currency in Armenia
Armenia: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 132.07 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Armenia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Armenia stood at 132.07 SLC. That is the highest value across all 34 years on record.
The figure is up 5.8% on the previous year and up 38.8% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Armenia peaked at 132.07 SLC in 2023 and was at its lowest, 0.0018 SLC, in 1990.
That places Armenia 97th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Armenia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0.0018 SLC | — |
| 1991 | 0.0033 SLC | +79.8% |
| 1992 | 0.037 SLC | +1022.8% |
| 1993 | 0.331 SLC | +795.4% |
| 1994 | 27.54 SLC | +8219.8% |
| 1995 | 62.4 SLC | +126.6% |
| 1996 | 75.95 SLC | +21.7% |
| 1997 | 87.41 SLC | +15.1% |
| 1998 | 94.46 SLC | +8.1% |
| 1999 | 99.41 SLC | +5.2% |
| 2000 | 95.72 SLC | -3.7% |
| 2001 | 98.98 SLC | +3.4% |
| 2002 | 94.48 SLC | -4.5% |
| 2003 | 98.2 SLC | +3.9% |
| 2004 | 81.9 SLC | -16.6% |
| 2005 | 88.34 SLC | +7.9% |
| 2006 | 84.17 SLC | -4.7% |
| 2007 | 84.85 SLC | +0.8% |
| 2008 | 89.95 SLC | +6.0% |
| 2009 | 83.82 SLC | -6.8% |
| 2010 | 92.19 SLC | +10.0% |
| 2011 | 97.75 SLC | +6.0% |
| 2012 | 93.46 SLC | -4.4% |
| 2013 | 95.17 SLC | +1.8% |
| 2014 | 95.01 SLC | -0.2% |
| 2015 | 100 SLC | +5.3% |
| 2016 | 101 SLC | +1.0% |
| 2017 | 102.57 SLC | +1.5% |
| 2018 | 105.7 SLC | +3.1% |
| 2019 | 109.07 SLC | +3.2% |
| 2020 | 113.1 SLC | +3.7% |
| 2021 | 111.42 SLC | -1.5% |
| 2022 | 124.81 SLC | +12.0% |
| 2023 | 132.07 SLC | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.75 SLC | 0.0018 SLC | 99.41 SLC | 10 |
| 2000s | 90.04 SLC | 81.9 SLC | 98.98 SLC | 10 |
| 2010s | 99.19 SLC | 92.19 SLC | 109.07 SLC | 10 |
| 2020s | 120.35 SLC | 111.42 SLC | 132.07 SLC | 4 |
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)
- GDP (current US$), annual growth rate 12.67 % change on previous year (2025)
- GDP (current US$), per capita 9,474 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.03 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 387.01 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 3.67 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 7.2 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5981 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 5,666 constant 2015 US$ per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Armenia?
- Value added deflator (manufacturing) — value standard local currency in Armenia was 132.07 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Armenia?
- The highest recorded value was 132.07 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Armenia?
- The lowest recorded value was 0.0018 SLC in 1990.
- How does Armenia rank for value added deflator (manufacturing) — value standard local currency?
- Armenia ranks 97th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Armenia?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).