Vegetable oil vs gdp, annual growth rate in Armenia

Armenia: Vegetable oil vs gdp, annual growth rate was 0.7619 % change on previous year in 2023. ◆ Volatile

Latest (2023)
0.7619 % change on previous year
Change on year
down 89.3%
World rank
88th
of 184 countries
All-time high
473.24 % change on previous year
in 1994
All-time low
-41.15 % change on previous year
in 1998
Years of data
31
1993–2023

Vegetable oil vs gdp, annual growth rate in Armenia, 1993–2023

02004001993200820231993: -1.2 % change on previous year1994: 473.2 % change on previous year1995: 88.4 % change on previous year1996: 18.3 % change on previous year1997: 5.5 % change on previous year1998: -41.1 % change on previous year1999: -15.8 % change on previous year2000: 36.2 % change on previous year2001: 0.552 % change on previous year2002: 13.5 % change on previous year2003: 45.8 % change on previous year2004: -27.4 % change on previous year2005: 30.8 % change on previous year2006: 0.467 % change on previous year2007: 23.6 % change on previous year2008: 0.467 % change on previous year2009: -2.1 % change on previous year2010: 47.1 % change on previous year2011: -5.3 % change on previous year2012: -5.9 % change on previous year2013: 0.414 % change on previous year2014: 12 % change on previous year2015: -11.9 % change on previous year2016: -3 % change on previous year2017: 2 % change on previous year2018: 5.6 % change on previous year2019: 5 % change on previous year2020: -8.2 % change on previous year2021: 1.7 % change on previous year2022: 7.1 % change on previous year2023: 0.762 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for vegetable oil vs gdp, annual growth rate in Armenia is 0.7619 % change on previous year, measured in 2023.

The figure is down 89.3% on the previous year and up 84.1% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Armenia peaked at 473.24 % change on previous year in 1994 and was at its lowest, -41.15 % change on previous year, in 1998.

That places Armenia 88th out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Vegetable oil vs gdp, annual growth rate in Armenia, year by year

Annual values for Vegetable oil vs gdp, annual growth rate in Armenia, 1993 to 2023.
Year % change on previous year Change
1993 -1.23 % change on previous year
1994 473.24 % change on previous year -38463.3%
1995 88.37 % change on previous year -81.3%
1996 18.32 % change on previous year -79.3%
1997 5.47 % change on previous year -70.1%
1998 -41.15 % change on previous year -851.6%
1999 -15.76 % change on previous year -61.7%
2000 36.2 % change on previous year -329.7%
2001 0.5515 % change on previous year -98.5%
2002 13.5 % change on previous year +2347.1%
2003 45.81 % change on previous year +239.4%
2004 -27.36 % change on previous year -159.7%
2005 30.81 % change on previous year -212.6%
2006 0.4673 % change on previous year -98.5%
2007 23.62 % change on previous year +4954.5%
2008 0.4665 % change on previous year -98.0%
2009 -2.09 % change on previous year -547.2%
2010 47.1 % change on previous year -2357.7%
2011 -5.35 % change on previous year -111.3%
2012 -5.94 % change on previous year +11.1%
2013 0.4139 % change on previous year -107.0%
2014 11.96 % change on previous year +2789.5%
2015 -11.88 % change on previous year -199.3%
2016 -3.03 % change on previous year -74.5%
2017 2.05 % change on previous year -167.6%
2018 5.6 % change on previous year +173.3%
2019 5 % change on previous year -10.6%
2020 -8.19 % change on previous year -263.8%
2021 1.66 % change on previous year -120.3%
2022 7.14 % change on previous year +330.2%
2023 0.7619 % change on previous year -89.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 75.32 % change on previous year -41.15 % change on previous year 473.24 % change on previous year 7
2000s 12.2 % change on previous year -27.36 % change on previous year 45.81 % change on previous year 10
2010s 4.59 % change on previous year -11.88 % change on previous year 47.1 % change on previous year 10
2020s 0.3435 % change on previous year -8.19 % change on previous year 7.14 % change on previous year 4

Countries ranked near Armenia

  1. 85 Saint Vincent and the Grenadines 0.9858 % change on previous year compare
  2. 86 Nicaragua 0.9217 % change on previous year compare
  3. 87 Indonesia 0.86 % change on previous year compare
  4. 89 Mauritius 0.736 % change on previous year compare
  5. 90 Mongolia 0.7 % change on previous year compare
  6. 91 Saudi Arabia 0.6234 % change on previous year compare

See the full ranking of 184 places →

More energy & mining data for Armenia

All data for Armenia →

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Armenia?
Vegetable oil vs gdp, annual growth rate in Armenia was 0.7619 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Armenia?
The highest recorded value was 473.24 % change on previous year in 1994.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Armenia?
The lowest recorded value was -41.15 % change on previous year in 1998.
How does Armenia rank for vegetable oil vs gdp, annual growth rate?
Armenia ranks 88th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Armenia?
Over the last ten years it is up 84.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/armenia/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.