Which has higher taxes on income, profits and capital gains, Armenia or Nicaragua?

Nicaragua, at 44.5% against 43.2% in Armenia as of 2024.

How many years of comparable data are there for Armenia and Nicaragua?

21 years are reported by both, from 2004 to 2024.

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 total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Nicaragua: Taxes on income, profits and capital gains

Armenia

43.2%

in 2024

Nicaragua

44.5%

in 2024

Armenia rank

54th

Nicaragua rank

51st

Taxes on income, profits and capital gains over time

Armenia
Nicaragua

How they compare

Nicaragua currently reports 44.5% against 43.2% in Armenia, a difference of 1.3%.

The two have swapped places 2 times across 21 shared years of data; in 2004 it was Nicaragua ahead.

Armenia ranks 54th and Nicaragua ranks 51st 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	23.9%	30.7%	6.8%	Nicaragua
2010s	37.0%	38.5%	1.5%	Nicaragua
2020s	40.3%	44.5%	4.2%	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 44.5% against 43.2% in Armenia as of 2024.
What is the difference in taxes on income, profits and capital gains between Armenia and Nicaragua?: 1.3%, 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 54th and Nicaragua ranks 51st 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 total taxes). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Nicaragua: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/armenia/nicaragua/

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<a href="https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-total-taxes/armenia/nicaragua/">Armenia vs Nicaragua: Taxes on income, profits and capital gains</a> — Statizoid

About this data

Indicator: Taxes on income, profits and capital gains (% of total taxes)
Unit: % of total taxes
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 153 places, 4,584 data points, 1972–2024
Last refreshed: 17 September 2026

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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.