Armenia vs Serbia: Taxes on goods and services

Armenia
1.20 trillion current LCU
in 2024
Serbia
1.19 trillion current LCU
in 2022
Armenia rank
36th
Serbia rank
37th

Taxes on goods and services over time

  • Armenia
  • Serbia
0250.0B500.0B750.0B1.0T1.2T200420142024

How they compare

Armenia currently reports 1.20 trillion current LCU against 1.19 trillion current LCU in Serbia, a difference of 10.15 billion current LCU.

Across all 16 years both countries report, Serbia has been ahead every year.

Armenia ranks 36th and Serbia ranks 37th of 157 countries.

Serbia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia Serbia Difference Ahead
2000s 313.67 billion current LCU 430.68 billion current LCU 117.00 billion current LCU Serbia
2010s 483.05 billion current LCU 691.08 billion current LCU 208.02 billion current LCU Serbia
2020s 893.71 billion current LCU 1.01 trillion current LCU 111.93 billion current LCU Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Armenia or Serbia?
Armenia, at 1.20 trillion current LCU against 1.19 trillion current LCU in Serbia as of 2024.
What is the difference in taxes on goods and services between Armenia and Serbia?
10.15 billion current LCU, with Armenia ahead.
How many years of comparable data are there for Armenia and Serbia?
16 years are reported by both, from 2007 to 2022.
How do Armenia and Serbia rank globally for taxes on goods and services?
Armenia ranks 36th and Serbia ranks 37th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Serbia: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu/armenia/serbia/

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About this data

Indicator
Taxes on goods and services (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,635 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.