Value Added (Manufacture of food and beverages) — Value Standard in Armenia
Armenia: Value Added (Manufacture of food and beverages) — Value Standard was 412,045 million SLC in 2022. ▲ Rising
Value Added (Manufacture of food and beverages) — Value Standard in Armenia, 2015–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2022, value added (manufacture of food and beverages) — value standard in Armenia stood at 412,045 million SLC. That is the highest value across all 8 years on record.
That represents a change of up 26.0% on the previous year and up 62.8% over ten years.
Armenia ranks 16th of 44 countries on this measure, in the middle of the range.
Value Added (Manufacture of food and beverages) — Value Standard in Armenia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2015 | 253,173 million SLC | — |
| 2016 | 187,058 million SLC | -26.1% |
| 2017 | 302,089 million SLC | +61.5% |
| 2018 | 300,469 million SLC | -0.5% |
| 2019 | 294,922 million SLC | -1.8% |
| 2020 | 343,241 million SLC | +16.4% |
| 2021 | 327,000 million SLC | -4.7% |
| 2022 | 412,045 million SLC | +26.0% |
Armenia compared with similar countries
- Armenia's 412,045 million SLC is above the median for upper middle income countries, which is 40,235 million SLC, 10.2× the median. (20 countries reporting)
- Armenia's 412,045 million SLC is above the median for Europe & Central Asia, which is 21,613 million SLC, 19.1× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 267,542 million SLC | 187,058 million SLC | 302,089 million SLC | 5 |
| 2020s | 360,762 million SLC | 327,000 million SLC | 412,045 million SLC | 3 |
Countries ranked near Armenia
More agriculture & rural data for Armenia
- Agriculture, forestry, and fishing, value added (current US$), annual 14.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0793 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 751.74 current US$ per person (2025)
- Rural population, annual growth rate 1.4 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3407 units per person (2025)
- Share of GDP from agriculture 7.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 7.9% (2025)
- Agricultural raw materials exports 0.3% (2024)
- Agricultural raw materials imports 0.7% (2024)
Frequently asked questions
- What is value added (manufacture of food and beverages) — value standard in Armenia?
- Value added (manufacture of food and beverages) — value standard in Armenia was 412,045 million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of food and beverages) — value standard recorded in Armenia?
- The highest recorded value was 412,045 million SLC in 2022.
- What is the lowest value added (manufacture of food and beverages) — value standard recorded in Armenia?
- The lowest recorded value was 187,058 million SLC in 2016.
- How does Armenia rank for value added (manufacture of food and beverages) — value standard?
- Armenia ranks 16th out of 44 countries with data for 2022.
- Is value added (manufacture of food and beverages) — value standard rising or falling in Armenia?
- Over the last ten years it is up 62.8%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Manufacture of food and beverages) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).