Armenia Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Armenia's services value added was 64.28% in 2025, ranked 57th globally. This represents a 3.7% increase from 2024. Data from World Bank, covering 2012–2025.
Overview
Armenia's services value added stood at 64.28% in 2025, a rise of +2.29% from 2024. Based on recent trends, this figure is projected to reach 64.28% by 2025. Armenia ranked 57th globally.
Armenia’s services value added rose from 45.70 in 2012 to 64.28 in 2025, marking a 41 percent increase over the 14‑year span and placing the country 57th in the world in the latest year. This 2025 figure represents both the all‑time peak and the most recent measurement, surpassing the trough observed in 2012. The upward trajectory aligns Armenia with a cluster of peers whose 2025 services value added cluster around the mid‑sixties, such as Lithuania at 64.13 and Italy at 63.95, while slightly trailing Grenada’s 64.72 and Australia’s 64.33. The sustained growth reflects expanding contributions from tourism, information technology, and financial services, sectors that have benefited from liberalised trade policies and digital infrastructure upgrades. Continued investment in high‑skill services and deeper integration into regional value chains could maintain the positive momentum, although external shocks or a slowdown in global demand could temper future gains.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 69.24% | - | - |
| 2026* trend | 66.76% | - | - |
| 2025* trend | 64.28% | - | - |
| 2025 | 64.28% | +2.29% | #57 |
| 2024 | 61.99% | +1.64% | #115 |
| 2023 | 60.35% | +4.73% | #120 |
| 2022 | 55.62% | +2.54% | #100 |
| 2021 | 53.08% | −0.16% | #83 |
| 2020 | 53.24% | −0.73% | #68 |
| 2019 | 53.97% | +1.36% | #74 |
| 2018 | 52.62% | +1.85% | #71 |
| 2017 | 50.77% | +0.85% | #54 |
| 2016 | 49.91% | +1.70% | #49 |
| 2015 | 48.21% | +0.80% | #43 |
| 2014 | 47.41% | +1.66% | #48 |
| 2013 | 45.75% | +0.05% | #43 |
| 2012 | 45.70% | – | #45 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's services value added was 64.28% in 2025. Ranked 57th globally. This represents a 3.7% increase from the previous year.
Armenia's services value added peaked at 64.28% in 2025.
The lowest services value added in Armenia was 45.70% in 2012.
Armenia ranks 57th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Armenia's services value added is projected to reach 64.28% by 2025 based on trend extrapolation.
The services value added of Armenia in 2025 was 64.28%. This ranks 57th in the world.
Cite this page
@misc{historysaid_armenia_services-value-added,
title = {Armenia Services Value Added},
url = {https://historysaid.com/armenia/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}