Taxes on income, profits and capital gains in Armenia
Armenia: Taxes on income, profits and capital gains was 985.78 billion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on income, profits and capital gains in Armenia stood at 985.78 billion current LCU. That is the highest value across all 21 years on record.
The figure is up 12.5% on the previous year and up 141.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Armenia peaked at 985.78 billion current LCU in 2024 and was at its lowest, 52.42 billion current LCU, in 2004.
That places Armenia 38th out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 52.42 billion current LCU | — |
| 2005 | 73.17 billion current LCU | +39.6% |
| 2006 | 100.80 billion current LCU | +37.8% |
| 2007 | 122.33 billion current LCU | +21.4% |
| 2008 | 139.96 billion current LCU | +14.4% |
| 2009 | 142.03 billion current LCU | +1.5% |
| 2010 | 151.75 billion current LCU | +6.8% |
| 2011 | 179.05 billion current LCU | +18.0% |
| 2012 | 210.32 billion current LCU | +17.5% |
| 2013 | 394.86 billion current LCU | +87.7% |
| 2014 | 408.58 billion current LCU | +3.5% |
| 2015 | 427.21 billion current LCU | +4.6% |
| 2016 | 475.15 billion current LCU | +11.2% |
| 2017 | 469.58 billion current LCU | -1.2% |
| 2018 | 548.01 billion current LCU | +16.7% |
| 2019 | 591.22 billion current LCU | +7.9% |
| 2020 | 560.05 billion current LCU | -5.3% |
| 2021 | 582.40 billion current LCU | +4.0% |
| 2022 | 697.57 billion current LCU | +19.8% |
| 2023 | 876.02 billion current LCU | +25.6% |
| 2024 | 985.78 billion current LCU | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 105.12 billion current LCU | 52.42 billion current LCU | 142.03 billion current LCU | 6 |
| 2010s | 385.57 billion current LCU | 151.75 billion current LCU | 591.22 billion current LCU | 10 |
| 2020s | 740.37 billion current LCU | 560.05 billion current LCU | 985.78 billion current LCU | 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 income, profits and capital gains in Armenia?
- Taxes on income, profits and capital gains in Armenia was 985.78 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Armenia?
- The highest recorded value was 985.78 billion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Armenia?
- The lowest recorded value was 52.42 billion current LCU in 2004.
- How does Armenia rank for taxes on income, profits and capital gains?
- Armenia ranks 38th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Armenia?
- Over the last ten years it is up 141.3%. The long-run trend across the full record is volatile.
- 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.