Taxes on goods and services (current LCU), per unit of GDP in Armenia
Armenia: Taxes on goods and services (current LCU), per unit of GDP was 46.25 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Armenia, 2004–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes on goods and services (current lcu), per unit of gdp in Armenia stood at 46.25 current LCU per US$ of GDP.
That represents a change of down 2.8% on the previous year and up 0.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Armenia peaked at 62.48 current LCU per US$ of GDP in 2021 and was at its lowest, 25.57 current LCU per US$ of GDP, in 2006.
That places Armenia 26th out of 157 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Armenia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 31.61 current LCU per US$ of GDP | — |
| 2005 | 29.5 current LCU per US$ of GDP | -6.7% |
| 2006 | 25.57 current LCU per US$ of GDP | -13.3% |
| 2007 | 31.14 current LCU per US$ of GDP | +21.8% |
| 2008 | 30.97 current LCU per US$ of GDP | -0.6% |
| 2009 | 33.9 current LCU per US$ of GDP | +9.4% |
| 2010 | 37.41 current LCU per US$ of GDP | +10.4% |
| 2011 | 35.94 current LCU per US$ of GDP | -3.9% |
| 2012 | 39.17 current LCU per US$ of GDP | +9.0% |
| 2013 | 40.82 current LCU per US$ of GDP | +4.2% |
| 2014 | 45.89 current LCU per US$ of GDP | +12.4% |
| 2015 | 44.81 current LCU per US$ of GDP | -2.4% |
| 2016 | 42.75 current LCU per US$ of GDP | -4.6% |
| 2017 | 42.41 current LCU per US$ of GDP | -0.8% |
| 2018 | 43.92 current LCU per US$ of GDP | +3.6% |
| 2019 | 55.59 current LCU per US$ of GDP | +26.6% |
| 2020 | 56.93 current LCU per US$ of GDP | +2.4% |
| 2021 | 62.48 current LCU per US$ of GDP | +9.7% |
| 2022 | 56.08 current LCU per US$ of GDP | -10.3% |
| 2023 | 47.57 current LCU per US$ of GDP | -15.2% |
| 2024 | 46.25 current LCU per US$ of GDP | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.45 current LCU per US$ of GDP | 25.57 current LCU per US$ of GDP | 33.9 current LCU per US$ of GDP | 6 |
| 2010s | 42.87 current LCU per US$ of GDP | 35.94 current LCU per US$ of GDP | 55.59 current LCU per US$ of GDP | 10 |
| 2020s | 53.86 current LCU per US$ of GDP | 46.25 current LCU per US$ of GDP | 62.48 current LCU per US$ of GDP | 5 |
Countries ranked near Armenia
- 23 Hungary 53.51 current LCU per US$ of GDP compare
- 24 Argentina 49.09 current LCU per US$ of GDP compare
- 25 Togo 46.56 current LCU per US$ of GDP compare
- 27 Costa Rica 37.78 current LCU per US$ of GDP compare
- 28 Cameroon 34.06 current LCU per US$ of GDP compare
- 29 Mali 31.03 current LCU per US$ of GDP compare
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 21.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 467.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0546 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.92 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.42 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 248.23 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Armenia?
- Taxes on goods and services (current lcu), per unit of gdp in Armenia was 46.25 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Armenia?
- The highest recorded value was 62.48 current LCU per US$ of GDP in 2021.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Armenia?
- The lowest recorded value was 25.57 current LCU per US$ of GDP in 2006.
- How does Armenia rank for taxes on goods and services (current lcu), per unit of gdp?
- Armenia ranks 26th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Armenia?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.