Armenia - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Armenia was $1,565,706,000 as of 2020. Over the past 8 years, the value for this indicator has fluctuated between $1,595,022,000 in 2019 and $971,558,300 in 2015.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are in current U.S. dollars.

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

See also:

Year Value
2012 $1,000,845,000
2013 $1,076,844,000
2014 $1,122,223,000
2015 $971,558,300
2016 $1,084,633,000
2017 $1,225,499,000
2018 $1,404,249,000
2019 $1,595,022,000
2020 $1,565,706,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Armenia was 765,644,000,000 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 766,321,000,000 in 2019 and a minimum value of 402,104,000,000 in 2012.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are in current local currency.

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

Year Value
2012 402,104,000,000
2013 441,103,000,000
2014 466,755,000,000
2015 464,326,000,000
2016 521,153,000,000
2017 591,568,000,000
2018 678,235,000,000
2019 766,321,000,000
2020 765,644,000,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Armenia was 1,416,513,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,469,412,000 in 2019 and 325,250,900 in 1992.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are expressed constant 2010 U.S. dollars.

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

See also:

Year Value
1990 840,702,400
1991 807,074,400
1992 325,250,900
1993 354,198,300
1994 388,201,300
1995 398,294,600
1996 402,674,300
1997 407,909,800
1998 398,828,300
1999 420,365,000
2000 448,109,100
2001 492,217,500
2002 577,121,200
2003 675,134,600
2004 657,963,600
2005 716,116,100
2006 712,812,200
2007 724,180,200
2008 730,697,900
2009 678,732,500
2010 760,859,200
2011 865,096,900
2012 900,565,900
2013 969,909,500
2014 1,028,104,000
2015 971,558,300
2016 1,079,401,000
2017 1,206,771,000
2018 1,341,929,000
2019 1,469,412,000
2020 1,416,513,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Armenia was -3.60 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 17.25 in 2002 and a minimum value of -59.70 in 1992.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.

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

See also:

Year Value
1991 -4.00
1992 -59.70
1993 8.90
1994 9.60
1995 2.60
1996 1.10
1997 1.30
1998 -2.23
1999 5.40
2000 6.60
2001 9.84
2002 17.25
2003 16.98
2004 -2.54
2005 8.84
2006 -0.46
2007 1.59
2008 0.90
2009 -7.11
2010 12.10
2011 13.70
2012 4.10
2013 7.70
2014 6.00
2015 -5.50
2016 11.10
2017 11.80
2018 11.20
2019 9.50
2020 -3.60

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Armenia was 632,475,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 656,094,000,000 in 2019 and a minimum value of 145,225,000,000 in 1992.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are in constant local currency.

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

Year Value
1990 375,374,000,000
1991 360,360,000,000
1992 145,225,000,000
1993 158,150,000,000
1994 173,332,000,000
1995 177,839,000,000
1996 179,794,000,000
1997 182,132,000,000
1998 178,077,000,000
1999 187,693,000,000
2000 200,081,000,000
2001 219,776,000,000
2002 257,685,000,000
2003 301,448,000,000
2004 293,781,000,000
2005 319,747,000,000
2006 318,271,000,000
2007 323,347,000,000
2008 326,257,000,000
2009 303,055,000,000
2010 339,724,000,000
2011 386,267,000,000
2012 402,104,000,000
2013 433,066,000,000
2014 459,050,000,000
2015 433,802,000,000
2016 481,954,000,000
2017 538,824,000,000
2018 599,173,000,000
2019 656,094,000,000
2020 632,475,000,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Armenia was 12.39 as of 2020. Its highest value over the past 8 years was 12.39 in 2020, while its lowest value was 9.21 in 2015.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
2012 9.42
2013 9.68
2014 9.67
2015 9.21
2016 10.28
2017 10.63
2018 11.27
2019 11.71
2020 12.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts