Armenia vs Latin America & Caribbean (excluding high income): Taxes on goods and services
Taxes on goods and services over time
- Armenia
- Latin America & Caribbean (excluding high income)
How they compare
Armenia currently reports 48.2% against 36.1% in Latin America & Caribbean (excluding high income), a difference of 12.1%.
That makes Armenia's figure about 1.3 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 21 shared years of data; in 2004 it was Latin America & Caribbean (excluding high income) ahead.
Armenia ranks 9th and Latin America & Caribbean (excluding high income) ranks 9th of 156 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | Armenia | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.5% | 41.3% | 4.9% | Latin America & Caribbean (excluding high income) |
| 2010s | 41.4% | 37.8% | 3.6% | Armenia |
| 2020s | 50.4% | 35.5% | 14.9% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Armenia or Latin America & Caribbean (excluding high income)?
- Armenia, at 48.2% against 36.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in taxes on goods and services between Armenia and Latin America & Caribbean (excluding high income)?
- 12.1%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latin America & Caribbean (excluding high income)?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and Latin America & Caribbean (excluding high income) rank globally for taxes on goods and services?
- Armenia ranks 9th and Latin America & Caribbean (excluding high income) ranks 9th of 156 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.