Armenia vs Nicaragua: Taxes on income, profits and capital gains
Armenia
39.6%
in 2024
Nicaragua
41.3%
in 2024
Armenia rank
14th
Nicaragua rank
11th
Taxes on income, profits and capital gains over time
- Armenia
- Nicaragua
How they compare
Nicaragua currently reports 41.3% against 39.6% in Armenia, a difference of 1.7%.
The two have swapped places 2 times across 21 shared years of data; in 2004 it was Nicaragua ahead.
Armenia ranks 14th and Nicaragua ranks 11th of 153 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.2% | 24.2% | 6.9% | Nicaragua |
| 2010s | 31.9% | 33.6% | 1.6% | Nicaragua |
| 2020s | 36.8% | 40.6% | 3.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Armenia or Nicaragua?
- Nicaragua, at 41.3% against 39.6% in Armenia as of 2024.
- What is the difference in taxes on income, profits and capital gains between Armenia and Nicaragua?
- 1.7%, with Nicaragua ahead.
- How many years of comparable data are there for Armenia and Nicaragua?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and Nicaragua rank globally for taxes on income, profits and capital gains?
- Armenia ranks 14th and Nicaragua 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.