Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Armenia, Republic of
Armenia, Republic of: Taxes less subsidies on products (current LCU), per unit of GDP (unit) 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, Republic of, 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, Republic of 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, Republic of 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, Republic of 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 (unit) in Armenia, Republic of, 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% |
Armenia, Republic of compared with similar countries
- Armenia, Republic of's 41.2 current LCU per US$ of GDP is above the median for upper middle income countries, which is 0.7836 current LCU per US$ of GDP, 52.6× the median. (55 countries reporting)
- Armenia, Republic of's 41.2 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.1633 current LCU per US$ of GDP, 252.3× the median. (55 countries reporting)
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, Republic of
- 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, Republic of
- Real gdp growth, annual growth rate 22.28 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Armenia, Republic of?
- Taxes less subsidies on products (current lcu), per unit of gdp in Armenia, Republic of 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, Republic of?
- 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, Republic of?
- The lowest recorded value was 39.05 current LCU per US$ of GDP in 2024.
- How does Armenia, Republic of rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Armenia, Republic of 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, Republic of?
- Over the last ten years it is down 18.9%. The long-run trend across the full record is falling.
- Where does this Armenia, Republic of 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.