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 2023 was $2.69B, a 21.97% increase from 2022.
- Armenia manufacturing output for 2022 was $2.21B, a 44.09% increase from 2021.
- Armenia manufacturing output for 2021 was $1.53B, a 1.89% decline from 2020.
- Armenia manufacturing output for 2020 was $1.56B, a 2.16% decline from 2019.
| Armenia Manufacturing Output - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2023 |
$2.69B |
11.11% |
| 2022 |
$2.21B |
11.31% |
| 2021 |
$1.53B |
11.03% |
| 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% |
