Taxes on goods and services gdp in Armenia
Armenia: Taxes on goods and services gdp was 12.25 in 2023. ▲ Rising
Latest (2023)
12.25
Change on year
down 5.4%
World rank
36th
of 186 countries
All-time high
12.94
in 2022
All-time low
3.72
in 1995
Years of data
29
1995–2023
Taxes on goods and services gdp in Armenia, 1995–2023
Source: Our World in Data.
Analysis
Armenia recorded 12.25 for taxes on goods and services gdp in 2023.
The figure is down 5.4% on the previous year and up 22.9% over ten years.
Over the whole period, taxes on goods and services gdp in Armenia peaked at 12.94 in 2022 and was at its lowest, 3.72, in 1995.
Armenia ranks 36th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes on goods and services gdp in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 3.72 | — |
| 1996 | 4.96 | +33.5% |
| 1997 | 7.21 | +45.4% |
| 1998 | 8.29 | +15.0% |
| 1999 | 9.11 | +9.9% |
| 2000 | 9.01 | -1.2% |
| 2001 | 9.4 | +4.3% |
| 2002 | 9.56 | +1.8% |
| 2003 | 9.04 | -5.5% |
| 2004 | 5.93 | -34.5% |
| 2005 | 6.45 | +8.8% |
| 2006 | 6.15 | -4.7% |
| 2007 | 9.1 | +48.2% |
| 2008 | 10.12 | +11.2% |
| 2009 | 9.4 | -7.1% |
| 2010 | 10.1 | +7.4% |
| 2011 | 9.74 | -3.6% |
| 2012 | 10 | +2.7% |
| 2013 | 9.97 | -0.3% |
| 2014 | 11.13 | +11.7% |
| 2015 | 9.38 | -15.8% |
| 2016 | 8.9 | -5.1% |
| 2017 | 8.79 | -1.2% |
| 2018 | 9.09 | +3.5% |
| 2019 | 11.63 | +27.9% |
| 2020 | 11.72 | +0.7% |
| 2021 | 12.48 | +6.5% |
| 2022 | 12.94 | +3.7% |
| 2023 | 12.25 | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.66 | 3.72 | 9.11 | 5 |
| 2000s | 8.42 | 5.93 | 10.12 | 10 |
| 2010s | 9.87 | 8.79 | 11.63 | 10 |
| 2020s | 12.35 | 11.72 | 12.94 | 4 |
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)
- GDP (current US$), annual growth rate 12.67 % change on previous year (2025)
- GDP (current US$), per capita 9,474 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.03 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 387.01 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 3.67 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 7.2 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5981 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 5,666 constant 2015 US$ per person (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Armenia?
- Taxes on goods and services gdp in Armenia was 12.25 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Armenia?
- The highest recorded value was 12.94 in 2022.
- What is the lowest taxes on goods and services gdp recorded in Armenia?
- The lowest recorded value was 3.72 in 1995.
- How does Armenia rank for taxes on goods and services gdp?
- Armenia ranks 36th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Armenia?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).