Value Added (Total Manufacturing) — Value Standard Local Currency in Armenia
Armenia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.3542 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
In 2023, value added (total manufacturing) — value standard local currency in Armenia stood at 0.3542 million SLC per person. That is the highest value across all 33 years on record.
The figure is up 8.2% on the previous year and up 142.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Armenia peaked at 0.3542 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1991.
That places Armenia 23rd 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 million SLC per person | — |
| 1992 | 0 million SLC per person | +238.9% |
| 1993 | 0.0003 million SLC per person | +916.3% |
| 1994 | 0.013 million SLC per person | +4700.8% |
| 1995 | 0.0308 million SLC per person | +136.4% |
| 1996 | 0.0381 million SLC per person | +23.7% |
| 1997 | 0.0449 million SLC per person | +18.0% |
| 1998 | 0.0479 million SLC per person | +6.5% |
| 1999 | 0.0533 million SLC per person | +11.4% |
| 2000 | 0.054 million SLC per person | +1.4% |
| 2001 | 0.0575 million SLC per person | +6.5% |
| 2002 | 0.0645 million SLC per person | +12.2% |
| 2003 | 0.0783 million SLC per person | +21.4% |
| 2004 | 0.082 million SLC per person | +4.6% |
| 2005 | 0.0968 million SLC per person | +18.1% |
| 2006 | 0.0924 million SLC per person | -4.6% |
| 2007 | 0.0952 million SLC per person | +3.1% |
| 2008 | 0.1025 million SLC per person | +7.6% |
| 2009 | 0.0893 million SLC per person | -12.8% |
| 2010 | 0.1113 million SLC per person | +24.7% |
| 2011 | 0.1334 million SLC per person | +19.8% |
| 2012 | 0.133 million SLC per person | -0.3% |
| 2013 | 0.146 million SLC per person | +9.8% |
| 2014 | 0.1549 million SLC per person | +6.1% |
| 2015 | 0.1545 million SLC per person | -0.2% |
| 2016 | 0.1742 million SLC per person | +12.7% |
| 2017 | 0.1986 million SLC per person | +14.0% |
| 2018 | 0.2284 million SLC per person | +15.1% |
| 2019 | 0.2587 million SLC per person | +13.2% |
| 2020 | 0.2577 million SLC per person | -0.4% |
| 2021 | 0.2604 million SLC per person | +1.0% |
| 2022 | 0.3273 million SLC per person | +25.7% |
| 2023 | 0.3542 million SLC per person | +8.2% |
Armenia compared with similar countries
- Armenia's 0.3542 million SLC per person is above the median for upper middle income countries, which is 0.0119 million SLC per person, 29.8× the median. (54 countries reporting)
- Armenia's 0.3542 million SLC per person is above the median for Europe & Central Asia, which is 0.0084 million SLC per person, 42.2× 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 | +4700.8% | 0.0003 million SLC per person | 0.013 million SLC per person |
| 1993 | +916.3% | 0 million SLC per person | 0.0003 million SLC per person |
| 1992 | +238.9% | 0 million SLC per person | 0 million SLC per person |
| 1995 | +136.4% | 0.013 million SLC per person | 0.0308 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0254 million SLC per person | 0 million SLC per person | 0.0533 million SLC per person | 9 |
| 2000s | 0.0813 million SLC per person | 0.054 million SLC per person | 0.1025 million SLC per person | 10 |
| 2010s | 0.1693 million SLC per person | 0.1113 million SLC per person | 0.2587 million SLC per person | 10 |
| 2020s | 0.2999 million SLC per person | 0.2577 million SLC per person | 0.3542 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 0.3542 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 0.3542 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 million SLC per person in 1991.
- How does Armenia rank for value added (total manufacturing) — value standard local currency?
- Armenia ranks 23rd 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 142.7%. 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.