Taxes less subsidies on products (current US$) in Armenia
Armenia: Taxes less subsidies on products (current US$) was 3.11 billion current US$ 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 US$.
Analysis
In 2025, taxes less subsidies on products in Armenia stood at 3.11 billion current US$. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 20.6% on the previous year and up 177.7% over ten years.
Over the whole period, taxes less subsidies on products in Armenia peaked at 3.11 billion current US$ in 2025 and was at its lowest, 1.06 billion current US$, in 2016.
Armenia ranks 95th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Taxes less subsidies on products (current US$) in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 1.14 billion current US$ | — |
| 2013 | 1.24 billion current US$ | +8.4% |
| 2014 | 1.31 billion current US$ | +6.2% |
| 2015 | 1.12 billion current US$ | -14.7% |
| 2016 | 1.06 billion current US$ | -5.5% |
| 2017 | 1.19 billion current US$ | +11.9% |
| 2018 | 1.32 billion current US$ | +11.7% |
| 2019 | 1.55 billion current US$ | +17.2% |
| 2020 | 1.38 billion current US$ | -11.2% |
| 2021 | 1.52 billion current US$ | +10.5% |
| 2022 | 2.03 billion current US$ | +33.1% |
| 2023 | 2.59 billion current US$ | +28.0% |
| 2024 | 2.58 billion current US$ | -0.5% |
| 2025 | 3.11 billion current US$ | +20.6% |
Armenia compared with similar countries
- Armenia's 3.11 billion current US$ is below the median for upper middle income countries, which is 3.44 billion current US$, 91% of the median. (55 countries reporting)
- Armenia's 3.11 billion current US$ is below the median for Europe & Central Asia, which is 14.66 billion current US$, 21% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.24 billion current US$ | 1.06 billion current US$ | 1.55 billion current US$ | 8 |
| 2020s | 2.20 billion current US$ | 1.38 billion current US$ | 3.11 billion current US$ | 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)
- 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 in Armenia?
- Taxes less subsidies on products in Armenia was 3.11 billion current US$ 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 3.11 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Armenia?
- The lowest recorded value was 1.06 billion current US$ in 2016.
- How does Armenia rank for taxes less subsidies on products?
- Armenia ranks 95th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Armenia?
- Over the last ten years it is up 177.7%. 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 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.