Taxes less subsidies on products in Armenia

Armenia: Taxes less subsidies on products was 3.11 billion current US$ in 2025. ▲ Rising

Latest (2025)
3.11 billion current US$
Change on year
up 20.6%
World rank
95th
of 197 countries
All-time high
3.11 billion current US$
in 2025
All-time low
1.06 billion current US$
in 2016
Years of data
14
2012–2025

Taxes less subsidies on products in Armenia, 2012–2025

1.0B1.5B2.0B2.5B3.0B2012201820252012: 1.1B current US$2013: 1.2B current US$2014: 1.3B current US$2015: 1.1B current US$2016: 1.1B current US$2017: 1.2B current US$2018: 1.3B current US$2019: 1.6B current US$2020: 1.4B current US$2021: 1.5B current US$2022: 2.0B current US$2023: 2.6B current US$2024: 2.6B current US$2025: 3.1B current US$

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 197 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 in Armenia, year by year

Annual values for Taxes less subsidies on products (current US$) in Armenia, 2012 to 2025.
Year current US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 92 Congo, Democratic Republic of the 3.55 billion current US$ compare
  2. 93 Jamaica 3.44 billion current US$ compare
  3. 94 Kyrgyzstan 3.25 billion current US$ compare
  4. 96 Cambodia 2.96 billion current US$ compare
  5. 97 Tunisia 2.91 billion current US$ compare
  6. 98 Republic of Moldova 2.90 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Armenia

All data for Armenia →

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 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 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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Taxes less subsidies on products in Armenia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us/armenia/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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.