Tax revenue as share of GDP in Armenia

Armenia: Tax revenue as share of GDP was 23.0% in 2023. ▲ Rising

Latest (2023)
23.0%
Change on year
up 3.1%
World rank
70th
of 187 countries
All-time high
23.0%
in 2023
All-time low
12.7%
in 1995
Years of data
29
1995–2023

Tax revenue as share of GDP in Armenia, 1995–2023

05101520251995200920231995: 12.7 % of GDP1996: 12.9 % of GDP1997: 16.2 % of GDP1998: 17 % of GDP1999: 19.3 % of GDP2000: 17.7 % of GDP2001: 17.1 % of GDP2002: 17.8 % of GDP2003: 17.2 % of GDP2004: 17.1 % of GDP2005: 17.6 % of GDP2006: 17.8 % of GDP2007: 19.2 % of GDP2008: 20.7 % of GDP2009: 20.3 % of GDP2010: 20.7 % of GDP2011: 21 % of GDP2012: 21 % of GDP2013: 22.4 % of GDP2014: 22.4 % of GDP2015: 21.6 % of GDP2016: 21.8 % of GDP2017: 21.3 % of GDP2018: 21.3 % of GDP2019: 22.8 % of GDP2020: 22.3 % of GDP2021: 22.5 % of GDP2022: 22.3 % of GDP2023: 23 % of GDP

Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for tax revenue as share of gdp in Armenia is 23.0%, measured in 2023. That is the highest value across all 29 years on record.

The figure is up 3.1% on the previous year and up 2.5% over ten years.

Over the whole period, tax revenue as share of gdp in Armenia peaked at 23.0% in 2023 and was at its lowest, 12.7%, in 1995.

That places Armenia 70th out of 187 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Tax revenue as share of GDP in Armenia, year by year

Annual values for Tax revenue as share of GDP in Armenia, 1995 to 2023.
Year % of GDP Change
1995 12.7%
1996 12.9% +1.1%
1997 16.2% +26.3%
1998 17.0% +4.5%
1999 19.3% +13.6%
2000 17.7% -8.3%
2001 17.1% -3.6%
2002 17.8% +4.3%
2003 17.2% -3.5%
2004 17.1% -0.3%
2005 17.6% +2.9%
2006 17.8% +1.3%
2007 19.2% +7.6%
2008 20.7% +7.7%
2009 20.3% -1.5%
2010 20.7% +1.6%
2011 21.0% +1.7%
2012 21.0% -0.1%
2013 22.4% +6.9%
2014 22.4% -0.0%
2015 21.6% -3.8%
2016 21.8% +0.9%
2017 21.3% -2.3%
2018 21.3% +0.2%
2019 22.8% +6.8%
2020 22.3% -1.9%
2021 22.5% +0.8%
2022 22.3% -0.9%
2023 23.0% +3.1%

Armenia compared with similar countries

  • Armenia's 23.0% is above the median for upper middle income countries, which is 21.9%, 1.0× the median. (54 countries reporting)
  • Armenia's 23.0% is below the median for Europe & Central Asia, which is 33.9%, 68% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Tax revenue as share of GDP in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +26.3% 12.9% 16.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.6% 12.7% 19.3% 5
2000s 18.2% 17.1% 20.7% 10
2010s 21.6% 20.7% 22.8% 10
2020s 22.5% 22.3% 23.0% 4

Countries ranked near Armenia

  1. 67 Grenada 23.7% compare
  2. 68 Maldives 23.6% compare
  3. 69 Türkiye 23.2% compare
  4. 71 Botswana 22.8% compare
  5. 72 Marshall Islands 22.5% compare
  6. 73 Azerbaijan 22.5% compare

See the full ranking of 187 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is tax revenue as share of gdp in Armenia?
Tax revenue as share of gdp in Armenia was 23.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
What is the highest tax revenue as share of gdp recorded in Armenia?
The highest recorded value was 23.0% in 2023.
What is the lowest tax revenue as share of gdp recorded in Armenia?
The lowest recorded value was 12.7% in 1995.
How does Armenia rank for tax revenue as share of gdp?
Armenia ranks 70th out of 187 countries with data for 2023.
Is tax revenue as share of gdp rising or falling in Armenia?
Over the last ten years it is up 2.5%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.

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Tax revenue as share of GDP in Armenia. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/tax-revenues-as-a-share-of-gdp-unu-wider/armenia/

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About this data

Indicator
Tax revenue as share of GDP
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed

Direct and indirect taxes as well as social contributions included.