๐ฆ๐ฒ Armenia Industry, value added
Armenia Industry, value added was $4.04B in 2024, up 6.8% from 2023, according to World Bank data. The 10-year average is $3.30B. Historical data available from 1990 to 2024 (35 data points). The all-time high was $4.04B in 2024.
Source: World Bank World Development Indicators โข 1990โ2024 โข 35 data points โข Economy & Growth
Armenia Industry (including construction), value added (constant 2015 US$) โ 1990 to 2024
About this Indicator
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 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.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $4.04B |
| 2023 | $3.79B |
| 2022 | $3.71B |
| 2021 | $3.38B |
| 2020 | $3.29B |
| 2019 | $3.38B |
| 2018 | $3.06B |
| 2017 | $2.95B |
| 2016 | $2.70B |
| 2015 | $2.71B |
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