Armenia - 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

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts