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% |
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 Türkiye 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)
- Exports of goods and services (current LCU), annual growth rate -27.47 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 186.15 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 1.76 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -30.5 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2929 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,775 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 12.99 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2142 current US$ 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.