Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia
Armenia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.2682 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia, 1991–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Armenia recorded 0.2682 million SLC per person for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 33 years on record.
That represents a change of up 2.3% on the previous year and up 74.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Armenia peaked at 0.2682 million SLC per person in 2023 and was at its lowest, 0.0473 million SLC per person, in 1994.
That places Armenia 22nd out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0.2393 million SLC per person | — |
| 1992 | 0.0722 million SLC per person | -69.8% |
| 1993 | 0.082 million SLC per person | +13.5% |
| 1994 | 0.0473 million SLC per person | -42.3% |
| 1995 | 0.0494 million SLC per person | +4.3% |
| 1996 | 0.0502 million SLC per person | +1.6% |
| 1997 | 0.0514 million SLC per person | +2.5% |
| 1998 | 0.0507 million SLC per person | -1.4% |
| 1999 | 0.0536 million SLC per person | +5.8% |
| 2000 | 0.0565 million SLC per person | +5.3% |
| 2001 | 0.0581 million SLC per person | +3.0% |
| 2002 | 0.0683 million SLC per person | +17.5% |
| 2003 | 0.0798 million SLC per person | +16.8% |
| 2004 | 0.1001 million SLC per person | +25.5% |
| 2005 | 0.1096 million SLC per person | +9.5% |
| 2006 | 0.1097 million SLC per person | +0.2% |
| 2007 | 0.1122 million SLC per person | +2.2% |
| 2008 | 0.1139 million SLC per person | +1.5% |
| 2009 | 0.1065 million SLC per person | -6.5% |
| 2010 | 0.1207 million SLC per person | +13.3% |
| 2011 | 0.1364 million SLC per person | +13.0% |
| 2012 | 0.1423 million SLC per person | +4.3% |
| 2013 | 0.1534 million SLC per person | +7.8% |
| 2014 | 0.163 million SLC per person | +6.3% |
| 2015 | 0.1545 million SLC per person | -5.2% |
| 2016 | 0.1724 million SLC per person | +11.6% |
| 2017 | 0.1936 million SLC per person | +12.3% |
| 2018 | 0.2161 million SLC per person | +11.6% |
| 2019 | 0.2372 million SLC per person | +9.7% |
| 2020 | 0.2278 million SLC per person | -3.9% |
| 2021 | 0.2337 million SLC per person | +2.6% |
| 2022 | 0.2623 million SLC per person | +12.2% |
| 2023 | 0.2682 million SLC per person | +2.3% |
Armenia compared with similar countries
- Armenia's 0.2682 million SLC per person is above the median for upper middle income countries, which is 0.0058 million SLC per person, 46.2× the median. (54 countries reporting)
- Armenia's 0.2682 million SLC per person is above the median for Europe & Central Asia, which is 0.0064 million SLC per person, 42.1× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 | -69.8% | 0.2393 million SLC per person | 0.0722 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0773 million SLC per person | 0.0473 million SLC per person | 0.2393 million SLC per person | 9 |
| 2000s | 0.0915 million SLC per person | 0.0565 million SLC per person | 0.1139 million SLC per person | 10 |
| 2010s | 0.169 million SLC per person | 0.1207 million SLC per person | 0.2372 million SLC per person | 10 |
| 2020s | 0.248 million SLC per person | 0.2278 million SLC per person | 0.2682 million SLC per person | 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)
- 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 value added (total manufacturing) — value standard local currency in Armenia?
- Value added (total manufacturing) — value standard local currency in Armenia was 0.2682 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Armenia?
- The highest recorded value was 0.2682 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Armenia?
- The lowest recorded value was 0.0473 million SLC per person in 1994.
- How does Armenia rank for value added (total manufacturing) — value standard local currency?
- Armenia ranks 22nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Armenia?
- Over the last ten years it is up 74.9%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.