Taxes on goods and services in Armenia
Armenia: Taxes on goods and services was 48.2% in 2024. ▲ Rising
Taxes on goods and services in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on goods and services in Armenia stood at 48.2%.
The figure is down 4.3% on the previous year and up 9.2% over ten years.
Over the whole period, taxes on goods and services in Armenia peaked at 54.4% in 2022 and was at its lowest, 30.2%, in 2006.
Armenia ranks 9th of 156 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on goods and services in Armenia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 31.3% | — |
| 2005 | 32.3% | +3.0% |
| 2006 | 30.2% | -6.5% |
| 2007 | 41.1% | +36.1% |
| 2008 | 43.4% | +5.8% |
| 2009 | 40.6% | -6.6% |
| 2010 | 42.5% | +4.8% |
| 2011 | 39.5% | -7.0% |
| 2012 | 42.2% | +6.7% |
| 2013 | 41.7% | -1.1% |
| 2014 | 44.2% | +5.9% |
| 2015 | 39.5% | -10.6% |
| 2016 | 37.8% | -4.2% |
| 2017 | 38.5% | +1.7% |
| 2018 | 40.1% | +4.2% |
| 2019 | 47.9% | +19.5% |
| 2020 | 46.5% | -2.9% |
| 2021 | 52.5% | +12.9% |
| 2022 | 54.4% | +3.7% |
| 2023 | 50.4% | -7.3% |
| 2024 | 48.2% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.5% | 30.2% | 43.4% | 6 |
| 2010s | 41.4% | 37.8% | 47.9% | 10 |
| 2020s | 50.4% | 46.5% | 54.4% | 5 |
Countries ranked near Armenia
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 in Armenia?
- Taxes on goods and services in Armenia was 48.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Armenia?
- The highest recorded value was 54.4% in 2022.
- What is the lowest taxes on goods and services recorded in Armenia?
- The lowest recorded value was 30.2% in 2006.
- How does Armenia rank for taxes on goods and services?
- Armenia ranks 9th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Armenia?
- Over the last ten years it is up 9.2%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.