Armenia Tax Revenue: % of GDP

Key information about Armenia Tax revenue: % of GDP

• Armenia Tax revenue: % of GDP was reported at 19.2 % in Dec 2024.
• This records a decrease from the previous number of 20.0 % for Sep 2024.
• Armenia Tax revenue: % of GDP data is updated quarterly, averaging 24.1 % from Mar 2008 to Dec 2024, with 68 observations.
• The data reached an all-time high of 29.1 % in Jun 2023 and a record low of 12.9 % in Sep 2008.
• Armenia Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of VAT, Profits Tax, Sales Tax, Excise Tax, Income Tax, Customs Duty, Natural Resources & Environment Protection Utilization Payments, Social Payments, Transitional Overpayments and Other Taxes. The National Statistical Service of the Republic of Armenia provides year-to-date Tax Revenue in local currency. The Statistical Committee of the Republic of Armenia provides Nominal GDP in local currency based on SNA 2008. Tax Revenue covers State Budget only. Tax Revenue prior to Q1 2018 is based on an old classification. Nominal GDP prior to Q1 2013 is based on SNA 1993.

View Armenia's Tax Revenue: % of GDP from Mar 2008 to Dec 2024 in the chart:

What was Armenia's Tax Revenue: % of GDP in Dec 2024?

Armenia Tax revenue: % of GDP was reported at 19.2 % in Dec 2024. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
19.2 Dec 2024	20.0 Sep 2024	12.9 Sep 2008	29.1 Jun 2023	%	quarterly	Mar 2008 - Dec 2024

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