Corporate income tax (CIT) … rates Combined corporate income tax rate in Armenia
Armenia: Corporate income tax (CIT) … rates Combined corporate income tax rate was 18 Percentage of taxable income in 2026. ▼ Falling
Corporate income tax (CIT) - statutory and targeted small business in Armenia, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2026, corporate income tax (cit) - statutory and targeted small business in Armenia stood at 18 Percentage of taxable income. That is the lowest value across all 27 years on record.
That represents a change of down 10.0% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Armenia peaked at 25 Percentage of taxable income in 2000 and was at its lowest, 18 Percentage of taxable income, in 2020.
That places Armenia 89th out of 128 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) … rates Combined corporate income tax rate in Armenia, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 25 Percentage of taxable income | — |
| 2001 | 20 Percentage of taxable income | -20.0% |
| 2002 | 20 Percentage of taxable income | +0.0% |
| 2003 | 20 Percentage of taxable income | +0.0% |
| 2004 | 20 Percentage of taxable income | +0.0% |
| 2005 | 20 Percentage of taxable income | +0.0% |
| 2006 | 20 Percentage of taxable income | +0.0% |
| 2007 | 20 Percentage of taxable income | +0.0% |
| 2008 | 20 Percentage of taxable income | +0.0% |
| 2009 | 20 Percentage of taxable income | +0.0% |
| 2010 | 20 Percentage of taxable income | +0.0% |
| 2011 | 20 Percentage of taxable income | +0.0% |
| 2012 | 20 Percentage of taxable income | +0.0% |
| 2013 | 20 Percentage of taxable income | +0.0% |
| 2014 | 20 Percentage of taxable income | +0.0% |
| 2015 | 20 Percentage of taxable income | +0.0% |
| 2016 | 20 Percentage of taxable income | +0.0% |
| 2017 | 20 Percentage of taxable income | +0.0% |
| 2018 | 20 Percentage of taxable income | +0.0% |
| 2019 | 20 Percentage of taxable income | +0.0% |
| 2020 | 18 Percentage of taxable income | -10.0% |
| 2021 | 18 Percentage of taxable income | +0.0% |
| 2022 | 18 Percentage of taxable income | +0.0% |
| 2023 | 18 Percentage of taxable income | +0.0% |
| 2024 | 18 Percentage of taxable income | +0.0% |
| 2025 | 18 Percentage of taxable income | +0.0% |
| 2026 | 18 Percentage of taxable income | +0.0% |
Armenia compared with similar countries
- Armenia's 18 Percentage of taxable income is below the median for upper middle income countries, which is 24.5 Percentage of taxable income, 73% of the median. (38 countries reporting)
- Armenia's 18 Percentage of taxable income is below the median for Europe & Central Asia, which is 19.74 Percentage of taxable income, 91% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.5 Percentage of taxable income | 20 Percentage of taxable income | 25 Percentage of taxable income | 10 |
| 2010s | 20 Percentage of taxable income | 20 Percentage of taxable income | 20 Percentage of taxable income | 10 |
| 2020s | 18 Percentage of taxable income | 18 Percentage of taxable income | 18 Percentage of taxable income | 7 |
Countries ranked near Armenia
- 87 Switzerland 19.47 Percentage of taxable income compare
- 88 Brunei Darussalam 18.5 Percentage of taxable income compare
- 89 Ukraine 18 Percentage of taxable income compare
- 89 Faroe Islands 18 Percentage of taxable income compare
- 89 San Marino 18 Percentage of taxable income compare
More economy & growth data for Armenia
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Armenia?
- Corporate income tax (cit) - statutory and targeted small business in Armenia was 18 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Armenia?
- The highest recorded value was 25 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Armenia?
- The lowest recorded value was 18 Percentage of taxable income in 2020.
- How does Armenia rank for corporate income tax (cit) - statutory and targeted small business?
- Armenia ranks 89th out of 128 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Armenia?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.