Revenue Statistics in Asia and the Pacific - Comparative tax and in Armenia
Armenia: Revenue Statistics in Asia and the Pacific - Comparative tax and was 22.67 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Asia and the Pacific - Comparative tax and in Armenia, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in asia and the pacific - comparative tax and in Armenia stood at 22.67 Percentage of GDP.
That represents a change of down 0.1% on the previous year and up 6.9% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Armenia peaked at 22.7 Percentage of GDP in 2023 and was at its lowest, 19.59 Percentage of GDP, in 2010.
Armenia ranks 13th of 35 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Armenia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 19.59 Percentage of GDP | — |
| 2011 | 19.95 Percentage of GDP | +1.8% |
| 2012 | 19.99 Percentage of GDP | +0.2% |
| 2013 | 21.34 Percentage of GDP | +6.8% |
| 2014 | 21.2 Percentage of GDP | -0.7% |
| 2015 | 20.49 Percentage of GDP | -3.4% |
| 2016 | 20.62 Percentage of GDP | +0.7% |
| 2017 | 20.14 Percentage of GDP | -2.3% |
| 2018 | 20.28 Percentage of GDP | +0.7% |
| 2019 | 21.68 Percentage of GDP | +6.9% |
| 2020 | 21.87 Percentage of GDP | +0.9% |
| 2021 | 21.74 Percentage of GDP | -0.6% |
| 2022 | 21.4 Percentage of GDP | -1.6% |
| 2023 | 22.7 Percentage of GDP | +6.1% |
| 2024 | 22.67 Percentage of GDP | -0.1% |
Armenia compared with similar countries
- Armenia's 22.67 Percentage of GDP is above the median for upper middle income countries, which is 20.76 Percentage of GDP, 1.1× the median. (16 countries reporting)
- Armenia's 22.67 Percentage of GDP is above the median for Europe & Central Asia, which is 22.67 Percentage of GDP, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.53 Percentage of GDP | 19.59 Percentage of GDP | 21.68 Percentage of GDP | 10 |
| 2020s | 22.07 Percentage of GDP | 21.4 Percentage of GDP | 22.7 Percentage of GDP | 5 |
Countries ranked near Armenia
- 10 Fiji 24 Percentage of GDP compare
- 11 Solomon Islands 23.97 Percentage of GDP compare
- 12 Azerbaijan 22.9 Percentage of GDP compare
- 14 Samoa 22.01 Percentage of GDP compare
- 15 Kyrgyzstan 21.85 Percentage of GDP compare
- 16 China 19.51 Percentage of GDP compare
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 statistics in asia and the pacific - comparative tax and in Armenia?
- Revenue statistics in asia and the pacific - comparative tax and in Armenia was 22.67 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Armenia?
- The highest recorded value was 22.7 Percentage of GDP in 2023.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Armenia?
- The lowest recorded value was 19.59 Percentage of GDP in 2010.
- How does Armenia rank for revenue statistics in asia and the pacific - comparative tax and?
- Armenia ranks 13th out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Armenia?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.