Taxes less subsidies on products (current LCU), per unit of GDP in Armenia
Armenia: Taxes less subsidies on products (current LCU), per unit of GDP was 41.2 current LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (current LCU), per unit of GDP in Armenia, 2012–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Armenia stood at 41.2 current LCU per US$ of GDP.
Compared with earlier readings it is up 5.5% on the previous year and down 18.9% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Armenia peaked at 55.28 current LCU per US$ of GDP in 2021 and was at its lowest, 39.05 current LCU per US$ of GDP, in 2024.
That places Armenia 31st out of 197 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Armenia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2012 | 43.15 current LCU per US$ of GDP | — |
| 2013 | 45.54 current LCU per US$ of GDP | +5.5% |
| 2014 | 47.06 current LCU per US$ of GDP | +3.3% |
| 2015 | 50.77 current LCU per US$ of GDP | +7.9% |
| 2016 | 48.25 current LCU per US$ of GDP | -5.0% |
| 2017 | 49.63 current LCU per US$ of GDP | +2.9% |
| 2018 | 51.31 current LCU per US$ of GDP | +3.4% |
| 2019 | 54.72 current LCU per US$ of GDP | +6.7% |
| 2020 | 53.31 current LCU per US$ of GDP | -2.6% |
| 2021 | 55.28 current LCU per US$ of GDP | +3.7% |
| 2022 | 45.25 current LCU per US$ of GDP | -18.2% |
| 2023 | 42.1 current LCU per US$ of GDP | -7.0% |
| 2024 | 39.05 current LCU per US$ of GDP | -7.3% |
| 2025 | 41.2 current LCU per US$ of GDP | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.8 current LCU per US$ of GDP | 43.15 current LCU per US$ of GDP | 54.72 current LCU per US$ of GDP | 8 |
| 2020s | 46.03 current LCU per US$ of GDP | 39.05 current LCU per US$ of GDP | 55.28 current LCU per US$ of GDP | 6 |
Countries ranked near Armenia
- 28 Burkina Faso 49.32 current LCU per US$ of GDP compare
- 29 Côte d'Ivoire 47.36 current LCU per US$ of GDP compare
- 30 Cameroon 41.41 current LCU per US$ of GDP compare
- 32 Mali 41.11 current LCU per US$ of GDP compare
- 33 Costa Rica 37.92 current LCU per US$ of GDP compare
- 34 Nigeria 35.61 current 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$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Armenia?
- Taxes less subsidies on products (current lcu), per unit of gdp in Armenia was 41.2 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Armenia?
- The highest recorded value was 55.28 current LCU per US$ of GDP in 2021.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Armenia?
- The lowest recorded value was 39.05 current LCU per US$ of GDP in 2024.
- How does Armenia rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Armenia ranks 31st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Armenia?
- Over the last ten years it is down 18.9%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.