Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia
Armenia: Value Added (Total Manufacturing) — Value Standard Local Currency was 28.19 million SLC per square kilometre in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia, 1992–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Armenia stood at 28.19 million SLC per square kilometre. That is the highest value across all 32 years on record.
The figure is up 2.1% on the previous year and up 73.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Armenia peaked at 28.19 million SLC per square kilometre in 2023 and was at its lowest, 5.59 million SLC per square kilometre, in 1994.
That places Armenia 21st 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 square kilometre | Change |
|---|---|---|
| 1992 | 9.06 million SLC per square kilometre | — |
| 1993 | 9.95 million SLC per square kilometre | +9.7% |
| 1994 | 5.59 million SLC per square kilometre | -43.8% |
| 1995 | 5.73 million SLC per square kilometre | +2.6% |
| 1996 | 5.78 million SLC per square kilometre | +0.7% |
| 1997 | 5.86 million SLC per square kilometre | +1.5% |
| 1998 | 5.71 million SLC per square kilometre | -2.6% |
| 1999 | 5.96 million SLC per square kilometre | +4.5% |
| 2000 | 6.39 million SLC per square kilometre | +7.1% |
| 2001 | 6.56 million SLC per square kilometre | +2.7% |
| 2002 | 7.68 million SLC per square kilometre | +17.1% |
| 2003 | 8.92 million SLC per square kilometre | +16.2% |
| 2004 | 11.13 million SLC per square kilometre | +24.8% |
| 2005 | 12.11 million SLC per square kilometre | +8.8% |
| 2006 | 12.05 million SLC per square kilometre | -0.5% |
| 2007 | 12.25 million SLC per square kilometre | +1.6% |
| 2008 | 12.35 million SLC per square kilometre | +0.9% |
| 2009 | 11.47 million SLC per square kilometre | -7.1% |
| 2010 | 12.91 million SLC per square kilometre | +12.6% |
| 2011 | 14.51 million SLC per square kilometre | +12.4% |
| 2012 | 15.11 million SLC per square kilometre | +4.1% |
| 2013 | 16.28 million SLC per square kilometre | +7.7% |
| 2014 | 17.26 million SLC per square kilometre | +6.0% |
| 2015 | 16.31 million SLC per square kilometre | -5.5% |
| 2016 | 18.12 million SLC per square kilometre | +11.1% |
| 2017 | 20.26 million SLC per square kilometre | +11.8% |
| 2018 | 22.54 million SLC per square kilometre | +11.2% |
| 2019 | 24.68 million SLC per square kilometre | +9.5% |
| 2020 | 23.93 million SLC per square kilometre | -3.0% |
| 2021 | 24.55 million SLC per square kilometre | +2.6% |
| 2022 | 27.62 million SLC per square kilometre | +12.5% |
| 2023 | 28.19 million SLC per square kilometre | +2.1% |
Armenia compared with similar countries
- Armenia's 28.19 million SLC per square kilometre is above the median for upper middle income countries, which is 0.4142 million SLC per square kilometre, 68.1× the median. (54 countries reporting)
- Armenia's 28.19 million SLC per square kilometre is above the median for Europe & Central Asia, which is 0.6076 million SLC per square kilometre, 46.4× 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 |
|---|---|---|---|
| 1994 | -43.8% | 9.95 million SLC per square kilometre | 5.59 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.71 million SLC per square kilometre | 5.59 million SLC per square kilometre | 9.95 million SLC per square kilometre | 8 |
| 2000s | 10.09 million SLC per square kilometre | 6.39 million SLC per square kilometre | 12.35 million SLC per square kilometre | 10 |
| 2010s | 17.8 million SLC per square kilometre | 12.91 million SLC per square kilometre | 24.68 million SLC per square kilometre | 10 |
| 2020s | 26.07 million SLC per square kilometre | 23.93 million SLC per square kilometre | 28.19 million SLC per square kilometre | 4 |
Countries ranked near Armenia
- 18 Rwanda 33.74 million SLC per square kilometre compare
- 19 Myanmar 32.18 million SLC per square kilometre compare
- 20 Sri Lanka 30.72 million SLC per square kilometre compare
- 22 Mauritius 28.16 million SLC per square kilometre compare
- 23 Iraq 24.57 million SLC per square kilometre compare
- 24 Burundi 23.65 million SLC per square kilometre compare
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 28.19 million SLC per square kilometre 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 28.19 million SLC per square kilometre in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Armenia?
- The lowest recorded value was 5.59 million SLC per square kilometre in 1994.
- How does Armenia rank for value added (total manufacturing) — value standard local currency?
- Armenia ranks 21st 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 73.2%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.