Armenia vs Somalia: Taxes on income, profits and capital gains
Armenia
985.78 billion current LCU
in 2024
Somalia
1.02 trillion current LCU
in 2024
Armenia rank
38th
Somalia rank
36th
Taxes on income, profits and capital gains over time
- Armenia
- Somalia
How they compare
Somalia currently reports 1.02 trillion current LCU against 985.78 billion current LCU in Armenia, a difference of 31.26 billion current LCU.
The two have swapped places 1 time across 8 shared years of data; in 2017 it was Armenia ahead.
Armenia ranks 38th and Somalia ranks 36th of 153 countries.
Armenia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 536.27 billion current LCU | 191.27 billion current LCU | 345.00 billion current LCU | Armenia |
| 2020s | 740.37 billion current LCU | 576.15 billion current LCU | 164.22 billion current LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Armenia or Somalia?
- Somalia, at 1.02 trillion current LCU against 985.78 billion current LCU in Armenia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Armenia and Somalia?
- 31.26 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Armenia and Somalia?
- 8 years are reported by both, from 2017 to 2024.
- How do Armenia and Somalia rank globally for taxes on income, profits and capital gains?
- Armenia ranks 38th and Somalia ranks 36th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.