Gross value added at basic prices (GVA) in Armenia

Armenia: Gross value added at basic prices (GVA) was 15.77 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
15.77 billion constant 2015 US$
Change on year
up 6.8%
World rank
125th
of 193 countries
All-time high
15.77 billion constant 2015 US$
in 2025
All-time low
2.62 billion constant 2015 US$
in 1993
Years of data
36
1990–2025

Gross value added at basic prices (GVA) in Armenia, 1990–2025

5.0B10.0B15.0B1990200720251990: 5.6B constant 2015 US$1991: 5.0B constant 2015 US$1992: 2.9B constant 2015 US$1993: 2.6B constant 2015 US$1994: 2.8B constant 2015 US$1995: 3.0B constant 2015 US$1996: 3.1B constant 2015 US$1997: 3.1B constant 2015 US$1998: 3.3B constant 2015 US$1999: 3.4B constant 2015 US$2000: 3.6B constant 2015 US$2001: 3.9B constant 2015 US$2002: 4.4B constant 2015 US$2003: 5.1B constant 2015 US$2004: 5.6B constant 2015 US$2005: 6.4B constant 2015 US$2006: 7.3B constant 2015 US$2007: 8.1B constant 2015 US$2008: 8.6B constant 2015 US$2009: 7.5B constant 2015 US$2010: 7.5B constant 2015 US$2011: 7.9B constant 2015 US$2012: 8.4B constant 2015 US$2013: 8.7B constant 2015 US$2014: 9.0B constant 2015 US$2015: 9.4B constant 2015 US$2016: 9.5B constant 2015 US$2017: 10.2B constant 2015 US$2018: 10.7B constant 2015 US$2019: 11.5B constant 2015 US$2020: 10.7B constant 2015 US$2021: 11.3B constant 2015 US$2022: 12.8B constant 2015 US$2023: 13.8B constant 2015 US$2024: 14.8B constant 2015 US$2025: 15.8B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Armenia is 15.77 billion constant 2015 US$, measured in 2025. That is the highest value across all 36 years on record.

The figure is up 6.8% on the previous year and up 67.2% over ten years.

Over the whole period, gross value added at basic prices (gva) in Armenia peaked at 15.77 billion constant 2015 US$ in 2025 and was at its lowest, 2.62 billion constant 2015 US$, in 1993.

That places Armenia 125th out of 193 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.47 billion constant 2015 US$ 2.62 billion constant 2015 US$ 5.60 billion constant 2015 US$ 10
2000s 6.05 billion constant 2015 US$ 3.59 billion constant 2015 US$ 8.59 billion constant 2015 US$ 10
2010s 9.29 billion constant 2015 US$ 7.54 billion constant 2015 US$ 11.50 billion constant 2015 US$ 10
2020s 13.20 billion constant 2015 US$ 10.72 billion constant 2015 US$ 15.77 billion constant 2015 US$ 6

Countries ranked near Armenia

  1. 122 Gabon 16.27 billion constant 2015 US$ compare
  2. 123 Niger 16.24 billion constant 2015 US$ compare
  3. 124 Syria 16.00 billion constant 2015 US$ compare
  4. 126 Tajikistan 15.26 billion constant 2015 US$ compare
  5. 127 Mongolia 15.20 billion constant 2015 US$ compare
  6. 128 Afghanistan 15.16 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is gross value added at basic prices (gva) in Armenia?
Gross value added at basic prices (gva) in Armenia was 15.77 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Armenia?
The highest recorded value was 15.77 billion constant 2015 US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Armenia?
The lowest recorded value was 2.62 billion constant 2015 US$ in 1993.
How does Armenia rank for gross value added at basic prices (gva)?
Armenia ranks 125th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Armenia?
Over the last ten years it is up 67.2%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.