Armenia vs Middle income: Taxes on income, profits and capital gains
Armenia
39.6%
in 2024
Middle income
28.5%
in 2023
Armenia rank
14th
Middle income rank
11th
Taxes on income, profits and capital gains over time
- Armenia
- Middle income
How they compare
Armenia currently reports 39.6% against 28.5% in Middle income, a difference of 11.1%.
That makes Armenia's figure about 1.4 times Middle income's.
The two have swapped places 1 time across 20 shared years of data; in 2004 it was Middle income ahead.
Armenia ranks 14th and Middle income ranks 11th of 153 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Middle income in 1.
Head to head by decade
| Decade | Armenia | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.2% | 20.2% | 3.0% | Middle income |
| 2010s | 31.9% | 24.1% | 7.8% | Armenia |
| 2020s | 36.1% | 26.7% | 9.5% | 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 Middle income?
- Armenia, at 39.6% against 28.5% in Middle income as of 2024.
- What is the difference in taxes on income, profits and capital gains between Armenia and Middle income?
- 11.1%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Middle income?
- 20 years are reported by both, from 2004 to 2023.
- How do Armenia and Middle income rank globally for taxes on income, profits and capital gains?
- Armenia ranks 14th and Middle income ranks 11th 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.