Armenia Manufacturing Output 2012-2024

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.
  • Armenia manufacturing output for 2022 was $2.28B, a 44.42% increase from 2021.
  • Armenia manufacturing output for 2021 was $1.58B, a 1.29% increase from 2020.
  • Armenia manufacturing output for 2020 was $1.56B, a 2.16% decline from 2019.
  • Armenia manufacturing output for 2019 was $1.60B, a 13.59% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $4,975.61B
Russia $287.71B
Mexico $265.67B
Brazil $213.56B
Turkey $199.89B
Thailand $133.85B
Malaysia $95.31B
Romania $57.74B
South Africa $48.88B
Colombia $39.59B
Kazakhstan $29.11B
Ecuador $18.81B
Belarus $17.48B
Dominican Republic $16.95B
Guatemala $13.40B
Costa Rica $9.80B
Jordan $8.26B
Paraguay $8.09B
Gabon $4.87B
Iraq $4.73B
Azerbaijan $3.94B
Bosnia $3.65B
Equatorial Guinea $2.70B
Armenia $2.28B
North Macedonia $1.78B
Mauritius $1.56B
Jamaica $1.45B
Namibia $1.41B
Albania $1.24B
Botswana $1.09B
Fiji $0.53B
Belize $0.17B
St. Lucia $0.06B
Samoa $0.04B
Grenada $0.04B
St. Vincent and the Grenadines $0.04B
Dominica $0.02B
Armenia Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2022 $2.28B 11.71%
2021 $1.58B 11.40%
2020 $1.56B 12.34%
2019 $1.60B 11.71%
2018 $1.40B 11.27%
2017 $1.23B 10.63%
2016 $1.08B 10.28%
2015 $0.97B 9.21%
2014 $1.12B 9.67%
2013 $1.08B 9.68%
2012 $1.00B 9.42%