Industrial Production, constant US$, seas. adj. in Armenia

Armenia: Industrial Production, constant US$, seas. adj. was 4.35 billion in 2023. ▲ Rising

Latest (2023)
4.35 billion
Change on year
up 2.6%
World rank
75th
of 89 countries
All-time high
4.35 billion
in 2023
All-time low
1.56 billion
in 2011
Years of data
13
2011–2023

Industrial Production, constant US$, seas. adj. in Armenia, 2011–2023

01.0B2.0B3.0B4.0B2011201720232011: 1.6B2012: 1.8B2013: 2.0B2014: 2.0B2015: 2.1B2016: 2.3B2017: 2.9B2018: 3.0B2019: 3.3B2020: 3.3B2021: 3.7B2022: 4.2B2023: 4.4B

Source: World Bank staff calculations based on Datastream data.

Analysis

Armenia recorded 4.35 billion for industrial production, constant us$, seas. adj. in 2023. That is the highest value across all 13 years on record.

Compared with earlier readings it is up 2.6% on the previous year and up 122.2% over ten years.

Over the whole period, industrial production, constant us$, seas. adj. in Armenia peaked at 4.35 billion in 2023 and was at its lowest, 1.56 billion, in 2011.

That places Armenia 75th out of 89 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.32 billion 1.56 billion 3.27 billion 9
2020s 3.90 billion 3.26 billion 4.35 billion 4

Countries ranked near Armenia

  1. 72 Honduras 5.89 billion compare
  2. 73 Luxembourg 5.51 billion compare
  3. 74 El Salvador 5.50 billion compare
  4. 76 Senegal 4.19 billion compare
  5. 77 Bosnia and Herzegovina 4.11 billion compare
  6. 78 Mozambique 4.00 billion compare

See the full ranking of 99 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is industrial production, constant us$, seas. adj. in Armenia?
Industrial production, constant us$, seas. adj. in Armenia was 4.35 billion in 2023, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$, seas. adj. recorded in Armenia?
The highest recorded value was 4.35 billion in 2023.
What is the lowest industrial production, constant us$, seas. adj. recorded in Armenia?
The lowest recorded value was 1.56 billion in 2011.
How does Armenia rank for industrial production, constant us$, seas. adj.?
Armenia ranks 75th out of 89 countries with data for 2023.
Is industrial production, constant us$, seas. adj. rising or falling in Armenia?
Over the last ten years it is up 122.2%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$, seas. adj.. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industrial Production, constant US$, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,694 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, seasonally adjusted. The base year is 2005.