Industrial Production, constant US$ in Armenia
Armenia: Industrial Production, constant US$ was 5.47 billion in 2023. ▲ Rising
Industrial Production, constant US$ in Armenia, 2011–2023
Source: World Bank staff calculations based on Datastream data.
Analysis
Armenia recorded 5.47 billion for industrial production, constant us$ in 2023. That is the highest value across all 13 years on record.
The figure is up 3.7% on the previous year and up 124.3% over ten years.
Over the whole period, industrial production, constant us$ in Armenia peaked at 5.47 billion in 2023 and was at its lowest, 1.95 billion, in 2011.
That places Armenia 74th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.89 billion | 1.95 billion | 4.10 billion | 9 |
| 2020s | 4.87 billion | 4.07 billion | 5.47 billion | 4 |
Countries ranked near Armenia
- 71 Honduras 6.40 billion compare
- 72 Jordan 6.34 billion compare
- 73 Luxembourg 5.61 billion compare
- 75 El Salvador 5.39 billion compare
- 76 Mozambique 4.85 billion compare
- 77 Bosnia and Herzegovina 4.58 billion compare
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is industrial production, constant us$ in Armenia?
- Industrial production, constant us$ in Armenia was 5.47 billion in 2023, according to World Bank staff calculations based on Datastream data.
- What is the highest industrial production, constant us$ recorded in Armenia?
- The highest recorded value was 5.47 billion in 2023.
- What is the lowest industrial production, constant us$ recorded in Armenia?
- The lowest recorded value was 1.95 billion in 2011.
- How does Armenia rank for industrial production, constant us$?
- Armenia ranks 74th out of 89 countries with data for 2023.
- Is industrial production, constant us$ rising or falling in Armenia?
- Over the last ten years it is up 124.3%. 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$. Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.