Taxes less subsidies on products (current US$), annual growth rate in Armenia
Armenia: Taxes less subsidies on products (current US$), annual growth rate was 20.64 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Armenia, 2013–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Armenia recorded 20.64 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2025.
That represents a change of up 3,985.2% on the previous year and up 240.9% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Armenia peaked at 33.05 % change on previous year in 2022 and was at its lowest, -14.65 % change on previous year, in 2015.
Armenia ranks 31st of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Armenia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 8.4 % change on previous year | — |
| 2014 | 6.25 % change on previous year | -25.6% |
| 2015 | -14.65 % change on previous year | -334.5% |
| 2016 | -5.55 % change on previous year | -62.1% |
| 2017 | 11.92 % change on previous year | -314.9% |
| 2018 | 11.67 % change on previous year | -2.0% |
| 2019 | 17.21 % change on previous year | +47.4% |
| 2020 | -11.16 % change on previous year | -164.8% |
| 2021 | 10.51 % change on previous year | -194.2% |
| 2022 | 33.05 % change on previous year | +214.4% |
| 2023 | 28.02 % change on previous year | -15.2% |
| 2024 | -0.5311 % change on previous year | -101.9% |
| 2025 | 20.64 % change on previous year | -3985.2% |
Armenia compared with similar countries
- Armenia's 20.64 % change on previous year is above the median for upper middle income countries, which is 7.9 % change on previous year, 2.6× the median. (55 countries reporting)
- Armenia's 20.64 % change on previous year is above the median for Europe & Central Asia, which is 10.87 % change on previous year, 1.9× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), annual growth rate in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2025 | +3985.2% | -0.5311 % change on previous year | 20.64 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.04 % change on previous year | -14.65 % change on previous year | 17.21 % change on previous year | 7 |
| 2020s | 13.42 % change on previous year | -11.16 % change on previous year | 33.05 % change on previous year | 6 |
Countries ranked near Armenia
- 28 Poland 22.06 % change on previous year compare
- 29 Slovakia 20.9 % change on previous year compare
- 30 Marshall Islands 20.73 % change on previous year compare
- 32 Senegal 20.16 % change on previous year compare
- 33 Maldives 19.63 % change on previous year compare
- 34 Turkey 19.51 % change on previous year compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Armenia?
- Taxes less subsidies on products (current us$), annual growth rate in Armenia was 20.64 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Armenia?
- The highest recorded value was 33.05 % change on previous year in 2022.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Armenia?
- The lowest recorded value was -14.65 % change on previous year in 2015.
- How does Armenia rank for taxes less subsidies on products (current us$), annual growth rate?
- Armenia ranks 31st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Armenia?
- Over the last ten years it is up 240.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.