Taxes on international trade in Armenia
Armenia: Taxes on international trade was 3.1% in 2024. ▲ Rising
Taxes on international trade in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on international trade in Armenia is 3.1%, measured in 2024.
That represents a change of down 7.3% on the previous year and down 23.7% over ten years.
Over the whole period, taxes on international trade in Armenia peaked at 6.0% in 2019 and was at its lowest, 2.8%, in 2022.
That places Armenia 87th out of 154 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on international trade in Armenia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 3.2% | — |
| 2005 | 3.4% | +9.0% |
| 2006 | 3.2% | -8.1% |
| 2007 | 3.4% | +8.8% |
| 2008 | 4.5% | +30.5% |
| 2009 | 3.5% | -22.5% |
| 2010 | 3.6% | +3.7% |
| 2011 | 3.9% | +9.2% |
| 2012 | 4.4% | +10.9% |
| 2013 | 4.3% | -2.4% |
| 2014 | 4.0% | -5.7% |
| 2015 | 5.1% | +28.0% |
| 2016 | 4.6% | -9.4% |
| 2017 | 5.7% | +22.8% |
| 2018 | 5.9% | +2.9% |
| 2019 | 6.0% | +2.4% |
| 2020 | 4.4% | -26.7% |
| 2021 | 5.1% | +16.4% |
| 2022 | 2.8% | -45.1% |
| 2023 | 3.3% | +17.1% |
| 2024 | 3.1% | -7.3% |
Armenia compared with similar countries
- Armenia's 3.1% is below the median for upper middle income countries, which is 4.5%, 68% of the median. (48 countries reporting)
- Armenia's 3.1% is above the median for Europe & Central Asia, which is 0.4%, 7.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | 3.2% | 4.5% | 6 |
| 2010s | 4.8% | 3.6% | 6.0% | 10 |
| 2020s | 3.7% | 2.8% | 5.1% | 5 |
Countries ranked near Armenia
- 84 Nicaragua 3.6% compare
- 85 Bolivia, Plurinational State of 3.3%
- 86 Panama 3.3% compare
- 88 Uruguay 3.0% compare
- 89 Republic of Moldova 3.0% compare
- 90 New Zealand 2.9% 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 international trade in Armenia?
- Taxes on international trade in Armenia was 3.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Armenia?
- The highest recorded value was 6.0% in 2019.
- What is the lowest taxes on international trade recorded in Armenia?
- The lowest recorded value was 2.8% in 2022.
- How does Armenia rank for taxes on international trade?
- Armenia ranks 87th out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Armenia?
- Over the last ten years it is down 23.7%. 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 international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.