🇦🇲 Armenia Gross value added at basic prices

Armenia Gross value added at basic prices was $23.37B in 2024, up 8.3% from 2023, according to World Bank data. The 10-year average is $13.85B. Historical data available from 2012 to 2024 (13 data points). The all-time high was $23.37B in 2024.

Source: World Bank World Development Indicators • 2012202413 data pointsEconomy & Growth

Latest Value
$23.37B
2024
Year-on-Year
+8.3%
vs 2023
10-Year Average
$13.85B
20152024
Range
High: $23.37B (2024)
Low: $9.43B (2015)

Armenia Gross value added at basic prices (GVA) (current US$)2012 to 2024

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About this Indicator

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024$23.37B
2023$21.59B
2022$17.49B
2021$12.36B
2020$11.26B
2019$12.07B
2018$11.13B
2017$10.34B
2016$9.49B
2015$9.43B

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