Armenia - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Armenia was 748,879,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 987,649,000,000 in 2015 and a minimum value of 329,217,000,000 in 1993.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 390,602,000,000
1991 382,790,000,000
1992 349,487,000,000
1993 329,217,000,000
1994 339,423,000,000
1995 353,000,000,000
1996 360,041,000,000
1997 343,841,000,000
1998 388,056,000,000
1999 393,489,000,000
2000 389,161,000,000
2001 436,394,000,000
2002 453,278,000,000
2003 472,376,000,000
2004 541,049,000,000
2005 602,070,000,000
2006 604,981,000,000
2007 667,294,000,000
2008 687,313,000,000
2009 728,020,000,000
2010 612,223,000,000
2011 697,934,000,000
2012 764,238,000,000
2013 822,320,000,000
2014 872,481,000,000
2015 987,649,000,000
2016 938,266,000,000
2017 890,415,000,000
2018 828,976,000,000
2019 780,895,000,000
2020 748,879,000,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts