Tax revenue as a proportion of GDP in Armenia
Armenia: Tax revenue as a proportion of GDP was 22.4% in 2024. ▲ Rising
Latest (2024)
22.4%
Change on year
down 0.1%
World rank
33rd
of 164 countries
All-time high
22.4%
in 2023
All-time low
14.0%
in 2004
Years of data
21
2004–2024
Tax revenue as a proportion of GDP in Armenia, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, tax revenue as a proportion of gdp in Armenia stood at 22.4%.
That represents a change of down 0.1% on the previous year and up 3.6% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Armenia peaked at 22.4% in 2023 and was at its lowest, 14.0%, in 2004.
Armenia ranks 33rd of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Tax revenue as a proportion of GDP in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 14.0% | — |
| 2005 | 14.3% | +2.4% |
| 2006 | 14.4% | +0.4% |
| 2007 | 16.0% | +10.9% |
| 2008 | 17.3% | +8.5% |
| 2009 | 16.5% | -4.7% |
| 2010 | 17.1% | +3.4% |
| 2011 | 17.2% | +0.9% |
| 2012 | 17.5% | +1.6% |
| 2013 | 21.6% | +23.4% |
| 2014 | 21.6% | +0.1% |
| 2015 | 20.9% | -3.1% |
| 2016 | 21.3% | +1.7% |
| 2017 | 20.8% | -2.3% |
| 2018 | 20.9% | +0.4% |
| 2019 | 22.3% | +6.8% |
| 2020 | 21.9% | -1.9% |
| 2021 | 22.0% | +0.6% |
| 2022 | 21.8% | -0.8% |
| 2023 | 22.4% | +2.6% |
| 2024 | 22.4% | -0.1% |
Armenia compared with similar countries
- Armenia's 22.4% is above the median for upper middle income countries, which is 17.2%, 1.3× the median. (45 countries reporting)
- Armenia's 22.4% is above the median for Europe & Central Asia, which is 20.4%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.4% | 14.0% | 17.3% | 6 |
| 2010s | 20.1% | 17.1% | 22.3% | 10 |
| 2020s | 22.1% | 21.8% | 22.4% | 5 |
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 tax revenue as a proportion of gdp in Armenia?
- Tax revenue as a proportion of gdp in Armenia was 22.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Armenia?
- The highest recorded value was 22.4% in 2023.
- What is the lowest tax revenue as a proportion of gdp recorded in Armenia?
- The lowest recorded value was 14.0% in 2004.
- How does Armenia rank for tax revenue as a proportion of gdp?
- Armenia ranks 33rd out of 164 countries with data for 2024.
- Is tax revenue as a proportion of gdp rising or falling in Armenia?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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