Tax revenue (% of GDP) in Armenia
Armenia: Tax revenue (% of GDP) was 22.4% in 2024. ▲ Rising
Tax revenue in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Armenia is 22.4%, measured in 2024.
That represents a change of down 0.1% on the previous year and up 3.6% over ten years.
Over the whole period, tax revenue in Armenia peaked at 22.4% in 2023 and was at its lowest, 14.0%, in 2004.
Armenia ranks 36th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Tax revenue (% of GDP) in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 14.0% | — |
| 2005 | 14.3% | +2.4% |
| 2006 | 14.4% | +0.4% |
| 2007 | 16.0% | +10.9% |
| 2008 | 17.3% | +8.5% |
| 2009 | 16.5% | -4.7% |
| 2010 | 17.1% | +3.4% |
| 2011 | 17.2% | +0.9% |
| 2012 | 17.5% | +1.6% |
| 2013 | 21.6% | +23.4% |
| 2014 | 21.6% | +0.1% |
| 2015 | 20.9% | -3.1% |
| 2016 | 21.3% | +1.7% |
| 2017 | 20.8% | -2.3% |
| 2018 | 20.9% | +0.4% |
| 2019 | 22.3% | +6.8% |
| 2020 | 21.9% | -1.9% |
| 2021 | 22.0% | +0.6% |
| 2022 | 21.8% | -0.8% |
| 2023 | 22.4% | +2.6% |
| 2024 | 22.4% | -0.1% |
Armenia compared with similar countries
- Armenia's 22.4% is above the median for upper middle income countries, which is 17.0%, 1.3× the median. (48 countries reporting)
- Armenia's 22.4% is above the median for Europe & Central Asia, which is 20.8%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.4% | 14.0% | 17.3% | 6 |
| 2010s | 20.1% | 17.1% | 22.3% | 10 |
| 2020s | 22.1% | 21.8% | 22.4% | 5 |
Countries ranked near Armenia
More public sector data for Armenia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2024)
Frequently asked questions
- What is tax revenue in Armenia?
- Tax revenue in Armenia was 22.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Armenia?
- The highest recorded value was 22.4% in 2023.
- What is the lowest tax revenue recorded in Armenia?
- The lowest recorded value was 14.0% in 2004.
- How does Armenia rank for tax revenue?
- Armenia ranks 36th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Armenia?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.