Taxes less subsidies on products (constant LCU), per unit of GDP in Armenia
Armenia: Taxes less subsidies on products (constant LCU), per unit of GDP was 24.17 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Armenia, 1990–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Armenia recorded 24.17 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025. That is the lowest value across all 36 years on record.
The figure is down 2.0% on the previous year and down 44.4% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Armenia peaked at 84.67 constant LCU per US$ of GDP in 2002 and was at its lowest, 24.17 constant LCU per US$ of GDP, in 2025.
Armenia ranks 30th of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Armenia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 43.7 constant LCU per US$ of GDP | — |
| 1991 | 35.74 constant LCU per US$ of GDP | -18.2% |
| 1992 | 34.23 constant LCU per US$ of GDP | -4.2% |
| 1993 | 38.27 constant LCU per US$ of GDP | +11.8% |
| 1994 | 31.32 constant LCU per US$ of GDP | -18.2% |
| 1995 | 35.85 constant LCU per US$ of GDP | +14.5% |
| 1996 | 46.68 constant LCU per US$ of GDP | +30.2% |
| 1997 | 68.87 constant LCU per US$ of GDP | +47.5% |
| 1998 | 72.79 constant LCU per US$ of GDP | +5.7% |
| 1999 | 72 constant LCU per US$ of GDP | -1.1% |
| 2000 | 78.79 constant LCU per US$ of GDP | +9.4% |
| 2001 | 83.09 constant LCU per US$ of GDP | +5.5% |
| 2002 | 84.67 constant LCU per US$ of GDP | +1.9% |
| 2003 | 77.35 constant LCU per US$ of GDP | -8.7% |
| 2004 | 62.17 constant LCU per US$ of GDP | -19.6% |
| 2005 | 51.01 constant LCU per US$ of GDP | -17.9% |
| 2006 | 44.99 constant LCU per US$ of GDP | -11.8% |
| 2007 | 42.41 constant LCU per US$ of GDP | -5.7% |
| 2008 | 39.2 constant LCU per US$ of GDP | -7.6% |
| 2009 | 40.96 constant LCU per US$ of GDP | +4.5% |
| 2010 | 43.38 constant LCU per US$ of GDP | +5.9% |
| 2011 | 41.11 constant LCU per US$ of GDP | -5.2% |
| 2012 | 43.15 constant LCU per US$ of GDP | +5.0% |
| 2013 | 42.69 constant LCU per US$ of GDP | -1.1% |
| 2014 | 41.63 constant LCU per US$ of GDP | -2.5% |
| 2015 | 43.46 constant LCU per US$ of GDP | +4.4% |
| 2016 | 41.88 constant LCU per US$ of GDP | -3.6% |
| 2017 | 42.03 constant LCU per US$ of GDP | +0.4% |
| 2018 | 42 constant LCU per US$ of GDP | -0.1% |
| 2019 | 41.15 constant LCU per US$ of GDP | -2.0% |
| 2020 | 39.94 constant LCU per US$ of GDP | -2.9% |
| 2021 | 39.07 constant LCU per US$ of GDP | -2.2% |
| 2022 | 30.04 constant LCU per US$ of GDP | -23.1% |
| 2023 | 26.9 constant LCU per US$ of GDP | -10.4% |
| 2024 | 24.67 constant LCU per US$ of GDP | -8.3% |
| 2025 | 24.17 constant LCU per US$ of GDP | -2.0% |
Armenia compared with similar countries
- Armenia's 24.17 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 68.4× the median. (54 countries reporting)
- Armenia's 24.17 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 255.3× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.94 constant LCU per US$ of GDP | 31.32 constant LCU per US$ of GDP | 72.79 constant LCU per US$ of GDP | 10 |
| 2000s | 60.46 constant LCU per US$ of GDP | 39.2 constant LCU per US$ of GDP | 84.67 constant LCU per US$ of GDP | 10 |
| 2010s | 42.25 constant LCU per US$ of GDP | 41.11 constant LCU per US$ of GDP | 43.46 constant LCU per US$ of GDP | 10 |
| 2020s | 30.8 constant LCU per US$ of GDP | 24.17 constant LCU per US$ of GDP | 39.94 constant LCU per US$ of GDP | 6 |
Countries ranked near Armenia
- 27 Malawi 33.35 constant LCU per US$ of GDP compare
- 28 Hungary 32.9 constant LCU per US$ of GDP compare
- 29 Central African Republic 30.49 constant LCU per US$ of GDP compare
- 31 Guinea-Bissau 23.56 constant LCU per US$ of GDP compare
- 32 Gabon 22.74 constant LCU per US$ of GDP compare
- 33 Niger 21.95 constant LCU per US$ 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Armenia?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Armenia was 24.17 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Armenia?
- The highest recorded value was 84.67 constant LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Armenia?
- The lowest recorded value was 24.17 constant LCU per US$ of GDP in 2025.
- How does Armenia rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Armenia ranks 30th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Armenia?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.