Taxes less subsidies on products in Armenia
Armenia: Taxes less subsidies on products was 1.20 trillion current LCU in 2025. ▲ Rising
Taxes less subsidies on products in Armenia, 2012–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Armenia recorded 1.20 trillion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 14 years on record.
The figure is up 18.9% on the previous year and up 124.9% over ten years.
Over the whole period, taxes less subsidies on products in Armenia peaked at 1.20 trillion current LCU in 2025 and was at its lowest, 458.23 billion current LCU, in 2012.
Armenia ranks 45th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Taxes less subsidies on products in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | 458.23 billion current LCU | — |
| 2013 | 506.43 billion current LCU | +10.5% |
| 2014 | 546.34 billion current LCU | +7.9% |
| 2015 | 535.80 billion current LCU | -1.9% |
| 2016 | 508.80 billion current LCU | -5.0% |
| 2017 | 572.08 billion current LCU | +12.4% |
| 2018 | 639.23 billion current LCU | +11.7% |
| 2019 | 745.31 billion current LCU | +16.6% |
| 2020 | 673.95 billion current LCU | -9.6% |
| 2021 | 767.29 billion current LCU | +13.8% |
| 2022 | 882.89 billion current LCU | +15.1% |
| 2023 | 1.02 trillion current LCU | +15.3% |
| 2024 | 1.01 trillion current LCU | -0.5% |
| 2025 | 1.20 trillion current LCU | +18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 564.03 billion current LCU | 458.23 billion current LCU | 745.31 billion current LCU | 8 |
| 2020s | 926.78 billion current LCU | 673.95 billion current LCU | 1.20 trillion current LCU | 6 |
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)
- Services, value added (constant LCU), per capita 1.45 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,465 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 345.81 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Armenia?
- Taxes less subsidies on products in Armenia was 1.20 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Armenia?
- The highest recorded value was 1.20 trillion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Armenia?
- The lowest recorded value was 458.23 billion current LCU in 2012.
- How does Armenia rank for taxes less subsidies on products?
- Armenia ranks 45th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Armenia?
- Over the last ten years it is up 124.9%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.