Revenue from corporate income taxes as a share of GDP in Armenia
Armenia: Revenue from corporate income taxes as a share of GDP was 2.0% in 2017. ▼ Falling
Revenue from corporate income taxes as a share of GDP in Armenia, 1994–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
Armenia recorded 2.0% for revenue from corporate income taxes as a share of gdp in 2017.
The figure is down 21.4% on the previous year and down 17.7% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Armenia peaked at 4.6% in 1995 and was at its lowest, 1.1%, in 2003.
That places Armenia 114th out of 163 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Revenue from corporate income taxes as a share of GDP in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 3.6% | — |
| 1995 | 4.6% | +26.0% |
| 1996 | 2.6% | -43.1% |
| 1997 | 2.1% | -20.6% |
| 1998 | 1.7% | -18.3% |
| 1999 | 2.7% | +58.3% |
| 2000 | 2.4% | -12.2% |
| 2001 | 1.8% | -25.3% |
| 2002 | 1.2% | -34.5% |
| 2003 | 1.1% | -5.8% |
| 2004 | 1.7% | +54.6% |
| 2005 | 2.1% | +23.7% |
| 2006 | 2.5% | +18.5% |
| 2007 | 2.4% | -2.5% |
| 2008 | 2.4% | +0.8% |
| 2009 | 2.6% | +7.8% |
| 2010 | 2.2% | -13.7% |
| 2011 | 2.6% | +15.2% |
| 2012 | 2.8% | +7.4% |
| 2013 | 2.7% | -1.7% |
| 2014 | 2.1% | -21.6% |
| 2015 | 2.1% | -4.2% |
| 2016 | 2.5% | +22.1% |
| 2017 | 2.0% | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 1.7% | 4.6% | 6 |
| 2000s | 2.0% | 1.1% | 2.6% | 10 |
| 2010s | 2.4% | 2.0% | 2.8% | 8 |
Countries ranked near Armenia
More economy & growth data for Armenia
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Armenia?
- Revenue from corporate income taxes as a share of gdp in Armenia was 2.0% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Armenia?
- The highest recorded value was 4.6% in 1995.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Armenia?
- The lowest recorded value was 1.1% in 2003.
- How does Armenia rank for revenue from corporate income taxes as a share of gdp?
- Armenia ranks 114th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Armenia?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.