Services, value added in Armenia

Armenia: Services, value added was 61.3% in 2025. ▲ Rising

Latest (2025)
61.3%
Change on year
down 1.1%
World rank
78th
of 205 countries
All-time high
62.0%
in 2024
All-time low
45.7%
in 2012
Years of data
14
2012–2025

Services, value added in Armenia, 2012–2025

02040602012201820252012: 45.7 % of GDP2013: 45.7 % of GDP2014: 47.4 % of GDP2015: 48.2 % of GDP2016: 49.9 % of GDP2017: 50.8 % of GDP2018: 52.6 % of GDP2019: 54 % of GDP2020: 53.2 % of GDP2021: 53.1 % of GDP2022: 55.6 % of GDP2023: 60.3 % of GDP2024: 62 % of GDP2025: 61.3 % of GDP

Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.

Analysis

In 2025, services, value added in Armenia stood at 61.3%.

The figure is down 1.1% on the previous year and up 27.2% over ten years.

Over the whole period, services, value added in Armenia peaked at 62.0% in 2024 and was at its lowest, 45.7%, in 2012.

That places Armenia 78th out of 205 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.3% 45.7% 54.0% 8
2020s 57.6% 53.1% 62.0% 6

Countries ranked near Armenia

  1. 75 Romania 61.7% compare
  2. 76 Togo 61.7% compare
  3. 77 Moldova 61.5% compare
  4. 79 Ukraine 61.0% compare
  5. 80 Greenland 61.0% compare
  6. 81 Croatia 60.9% compare

See the full ranking of 252 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is services, value added in Armenia?
Services, value added in Armenia was 61.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Armenia?
The highest recorded value was 62.0% in 2024.
What is the lowest services, value added recorded in Armenia?
The lowest recorded value was 45.7% in 2012.
How does Armenia rank for services, value added?
Armenia ranks 78th out of 205 countries with data for 2025.
Is services, value added rising or falling in Armenia?
Over the last ten years it is up 27.2%. 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 Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,765 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.