Value Added (Total Manufacturing) — Value US$, annual growth rate in Armenia
Armenia: Value Added (Total Manufacturing) — Value US$, annual growth rate was 19.93 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Armenia, 1992–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value us$, annual growth rate in Armenia is 19.93 % change on previous year, measured in 2023.
Compared with earlier readings it is down 56.4% on the previous year and up 162.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Armenia peaked at 45.7 % change on previous year in 2022 and was at its lowest, -48.41 % change on previous year, in 1992.
Armenia ranks 18th of 236 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -48.41 % change on previous year | — |
| 1993 | -31.73 % change on previous year | -34.5% |
| 1994 | 9.28 % change on previous year | -129.2% |
| 1995 | -8.01 % change on previous year | -186.3% |
| 1996 | 20.17 % change on previous year | -351.8% |
| 1997 | -1.48 % change on previous year | -107.3% |
| 1998 | 2.34 % change on previous year | -258.1% |
| 1999 | 3.73 % change on previous year | +59.6% |
| 2000 | 2.27 % change on previous year | -39.2% |
| 2001 | 3.19 % change on previous year | +40.5% |
| 2002 | 8.17 % change on previous year | +156.1% |
| 2003 | 19.62 % change on previous year | +140.1% |
| 2004 | 12.89 % change on previous year | -34.3% |
| 2005 | 36.82 % change on previous year | +185.5% |
| 2006 | 4.34 % change on previous year | -88.2% |
| 2007 | 24.56 % change on previous year | +465.9% |
| 2008 | 19.53 % change on previous year | -20.5% |
| 2009 | -27.09 % change on previous year | -238.7% |
| 2010 | 20.37 % change on previous year | -175.2% |
| 2011 | 19.52 % change on previous year | -4.2% |
| 2012 | -7.68 % change on previous year | -139.4% |
| 2013 | 7.59 % change on previous year | -198.8% |
| 2014 | 4.21 % change on previous year | -44.5% |
| 2015 | -13.43 % change on previous year | -418.6% |
| 2016 | 11.64 % change on previous year | -186.7% |
| 2017 | 12.99 % change on previous year | +11.6% |
| 2018 | 14.59 % change on previous year | +12.3% |
| 2019 | 13.59 % change on previous year | -6.9% |
| 2020 | -2.16 % change on previous year | -115.9% |
| 2021 | -1.89 % change on previous year | -12.3% |
| 2022 | 45.7 % change on previous year | -2514.6% |
| 2023 | 19.93 % change on previous year | -56.4% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +2514.6% | -1.89 % change on previous year | 45.7 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.76 % change on previous year | -48.41 % change on previous year | 20.17 % change on previous year | 8 |
| 2000s | 10.43 % change on previous year | -27.09 % change on previous year | 36.82 % change on previous year | 10 |
| 2010s | 8.34 % change on previous year | -13.43 % change on previous year | 20.37 % change on previous year | 10 |
| 2020s | 15.4 % change on previous year | -2.16 % change on previous year | 45.7 % change on previous year | 4 |
Countries ranked near Armenia
- 15 Serbia 22.83 % change on previous year compare
- 16 Hungary 22.52 % change on previous year compare
- 17 Costa Rica 20.83 % change on previous year compare
- 19 Ukraine 19.69 % change on previous year compare
- 20 Democratic Republic of the Congo 19.46 % change on previous year compare
- 21 Moldova 18.99 % change on previous year compare
- 21 Republic of Moldova 18.99 % change on previous year compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Armenia?
- Value added (total manufacturing) — value us$, annual growth rate in Armenia was 19.93 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Armenia?
- The highest recorded value was 45.7 % change on previous year in 2022.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Armenia?
- The lowest recorded value was -48.41 % change on previous year in 1992.
- How does Armenia rank for value added (total manufacturing) — value us$, annual growth rate?
- Armenia ranks 18th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 162.6%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. 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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.