Armenia Tax Revenue: % of GDP
Key information about Armenia Tax revenue: % of GDP
- Armenia Tax revenue: % of GDP was reported at 25.1 % in Mar 2023.
- This records an increase from the previous number of 18.4 % for Dec 2022.
- Armenia Tax revenue: % of GDP data is updated quarterly, averaging 19.3 % from Mar 2008 to Mar 2023, with 61 observations.
- The data reached an all-time high of 27.2 % in Jun 2019 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 Mar 2023 in the chart:
What was Armenia's Tax Revenue: % of GDP in Mar 2023?
Armenia Tax revenue: % of GDP was reported at 25.1 % in Mar 2023. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
25.1 Mar 2023 | 18.4 Dec 2022 | 12.9 Sep 2008 | 27.2 Jun 2019 | % | quarterly | Mar 2008 - Mar 2023 |
Tax Revenue: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 19.5 2023 | yearly | 2008 - 2023 |
Algeria (%) | 4.8 2023 | yearly | 1997 - 2023 |
Argentina (%) | 17.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Australia (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Austria (%) | 25.0 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
Bahrain (%) | 5.0 2022 | yearly | 1990 - 2022 |
Bangladesh (%) | 7.8 2023 | yearly | 2006 - 2023 |
Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
Belgium (%) | 29.8 2023 | yearly | 1980 - 2023 |
Bolivia (%) | 17.8 2022 | yearly | 1990 - 2022 |
Bosnia and Herzegovina (%) | 21.6 2023 | yearly | 2005 - 2023 |
Botswana (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
Brazil (%) | 16.8 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
Brunei (%) | 1.8 2023 | yearly | 2010 - 2023 |
Bulgaria (%) | 31.8 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Cambodia (%) | 13.5 2022 | yearly | 2009 - 2022 |
Canada (%) | 13.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
China (%) | 14.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Colombia (%) | 16.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Croatia (%) | 26.1 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
Cyprus (%) | 26.8 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
Czech Republic (%) | 18.4 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
Denmark (%) | 46.1 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Ecuador (%) | 12.9 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
Estonia (%) | 23.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
European Union (%) | 26.0 2023 | yearly | 1995 - 2023 |
Finland (%) | 32.7 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
France (%) | 17.4 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Georgia (%) | 26.1 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Germany (%) | 23.3 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Greece (%) | 22.4 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Hong Kong SAR, China (%) | 6.7 Jun 2024 | quarterly | Sep 1979 - Jun 2024 |
Hungary (%) | 26.8 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Iceland (%) | 30.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
India (%) | 7.1 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
Indonesia (%) | 10.2 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Iran (%) | 4.9 2021 | yearly | 1996 - 2021 |
Ireland (%) | 17.0 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Israel (%) | 22.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Italy (%) | 24.6 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Ivory Coast (%) | 13.1 2023 | yearly | 1960 - 2023 |
Japan (%) | 15.4 Jun 2024 | quarterly | Jun 1983 - Jun 2024 |
Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Kenya (%) | 7.1 2022 | yearly | 2006 - 2022 |
South Korea (%) | 13.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Kosovo (%) | 24.8 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
Kuwait (%) | 1.1 2023 | yearly | 1986 - 2023 |
Kyrgyzstan (%) | 30.8 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Laos (%) | 13.0 2023 | yearly | 2012 - 2023 |
Latvia (%) | 21.4 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 22.7 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Luxembourg (%) | 29.1 2023 | yearly | 1995 - 2023 |
Macau SAR, China (%) | 22.2 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | 20.2 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Malawi (%) | 12.8 2022 | yearly | 2009 - 2022 |
Malaysia (%) | 11.3 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Malta (%) | 22.4 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Mexico (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | 21.1 2023 | yearly | 2004 - 2023 |
Mongolia (%) | 25.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Montenegro (%) | 28.8 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Morocco (%) | 22.5 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
Netherlands (%) | 27.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
New Zealand (%) | 30.8 2023 | yearly | 1999 - 2023 |
Norway (%) | 31.1 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
Oman (%) | 4.5 2023 | yearly | 1996 - 2023 |
Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
Panama (%) | 6.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Paraguay (%) | 9.4 Mar 2024 | quarterly | Mar 1998 - Mar 2024 |
Peru (%) | 15.2 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Philippines (%) | 15.6 Jun 2024 | quarterly | Mar 1985 - Jun 2024 |
Poland (%) | 16.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Portugal (%) | 25.2 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Russia (%) | 23.2 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
Serbia (%) | 42.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Singapore (%) | 16.7 Jun 2024 | quarterly | Dec 1987 - Jun 2024 |
Slovakia (%) | 14.0 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Slovenia (%) | 20.2 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
South Africa (%) | 21.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Spain (%) | 24.1 2022 | yearly | 1995 - 2022 |
Sri Lanka (%) | 10.5 Mar 2024 | quarterly | Mar 2014 - Mar 2024 |
Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
Sweden (%) | 21.2 2023 | yearly | 1995 - 2023 |
Switzerland (%) | 26.7 2022 | yearly | 1990 - 2022 |
Taiwan (%) | 25.2 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
Thailand (%) | 13.2 2023 | yearly | 1990 - 2023 |
Tunisia (%) | 25.2 2023 | yearly | 1991 - 2023 |
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Learn more about what we doArmenia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.0 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -177.833 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Tax Revenue (USD mn) | 456.874 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
National Government Debt (USD mn) | 12,157.2 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Government Debt: % of GDP (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Forecast: Government Expenditure (AMD bn) | 4,073.820 2028 | yearly | 2005 - 2028 |
Forecast: Government Net Debt (AMD bn) | 8,360.453 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (AMD bn) | 4,113.925 2029 | yearly | 1993 - 2029 |
Consolidated Government Budget: Revenue and Grants (AMD mn) | 745,515.800 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Consolidated Government Budget: Balance (AMD mn) | 21,095.200 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 66,889.200 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 1,290,776.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Expenditure: ytd (AMD mn) | 1,495,329.800 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Balance: ytd (AMD mn) | -58,033.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 392,184.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Revenue and Official Transfers: ytd (AMD mn) | 1,437,296.100 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Deficit Financing: ytd (AMD mn) | 58,033.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 213,441.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: ytd: RT: Revenue (AMD mn) | 1,432,955.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Central Government Debt: Short Term (AMD bn) | 127.076 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: Mid Term (AMD bn) | 787.021 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: Long Term (AMD bn) | 3,607.654 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: External (AMD bn) | 2,424.386 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt (AMD bn) | 4,718.939 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: % Nominal GDP (%) | 60.300 2021 | yearly | 1999 - 2021 |
Central Government Debt: Domestic (AMD bn) | 2,294.553 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
Trade Balance (USD mn) | -372.4 Jul 2024 | monthly | Nov 1995 - Jul 2024 |
Total Exports (USD mn) | 811.6 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Exports Growth (%) | 61.8 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
Aluminum: Exports (USD th) | 114,979.156 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 15,645.987 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 12,819.576 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 1,184.0 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Imports Growth (%) | 30.6 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
Imports: Medicament (USD th) | 155,783.749 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 61,751.003 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 2.904 Apr 2024 | monthly | Jun 1996 - Apr 2024 |
Total Imports from USA (USD mn) | 32.098 Apr 2024 | monthly | Jan 1993 - Apr 2024 |
Total Exports to China (USD mn) | 44.906 Apr 2024 | monthly | Dec 1998 - Apr 2024 |
Total Imports from China (USD mn) | 109.576 Apr 2024 | monthly | Jun 1998 - Apr 2024 |
Trade Balance: ytd (USD mn) | -2,551.900 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
Exports: ow Bulgaria (USD mn) | 15.607 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Exports: ow China (USD mn) | 44.906 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Exports: ow Iran (USD mn) | 10.355 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Exports: ow Russian Federation (USD mn) | 102.420 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
Imports: ow Iran (USD mn) | 43.823 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Imports: ow Russian Federation (USD mn) | 1,874.341 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.2 Jun 2024 | monthly | Jan 2005 - Jun 2024 |
Household Debt: % of GDP (%) | 27.1 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Non-Performing Loans (USD mn) | 390.591 May 2024 | monthly | Dec 2008 - May 2024 |
Money Supply M1 (USD mn) | 5,249.755 May 2024 | monthly | Jan 2002 - May 2024 |
Money Supply M2 (USD mn) | 8,949.992 May 2024 | monthly | Jan 2002 - May 2024 |
M2 Growth (%) | 17.2 May 2024 | monthly | Jan 2003 - May 2024 |
Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
Foreign Exchange Reserves (USD mn) | 3,590.8 Aug 2024 | monthly | Dec 1993 - Aug 2024 |
Foreign Exchange Reserves: % of GDP (%) | 13.592 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.9 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Gold Reserves (USD mn) | 0.000 Aug 2024 | monthly | Dec 1992 - Aug 2024 |
Total Deposits (USD mn) | 15,180.776 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Deposits Growth (%) | 12.5 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
Domestic Credit (USD mn) | 17,730.7 Jun 2024 | monthly | Dec 1993 - Jun 2024 |
Domestic Credit Growth (%) | 18.7 Jun 2024 | monthly | Dec 1994 - Jun 2024 |
Household Debt (USD mn) | 6,902.9 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Loans (USD mn) | 14,374.605 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Total Loans Growth (%) | 18.94 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
Private Debt: % of Nominal GDP (%) | 50.90 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Money Supply: M2X (AMD mn) | 5,340,281.251 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Money Supply: sa: M2 (AMD mn) | 3,467,048.000 May 2024 | monthly | Jan 2002 - May 2024 |
Money Supply: M2X: M2 (AMD mn) | 3,573,339.807 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Money Supply: M2X: M2: M1 (AMD mn) | 2,065,980.620 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Money Supply: sa: M1 (AMD mn) | 2,033,650.000 May 2024 | monthly | Jan 2002 - May 2024 |
Monetary Base: sa (AMD mn) | 1,712,405.000 May 2024 | monthly | Jan 2002 - May 2024 |
Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 795,381.452 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
International Reserves: USD (USD mn) | 3,604.512 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
International Reserves: USD: Gold (USD mn) | 0.000 Aug 2024 | monthly | Sep 2003 - Aug 2024 |
Commercial Banks Credit: Residents: Enterprise (AMD mn) | 2,327,859.514 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Commercial Banks Credit (AMD mn) | 5,578,784.026 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Commercial Banks Credit: Residents: Households (AMD mn) | 2,679,025.476 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
Business Climate Indicator: sa: Industry (%) | 53.719 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Trade (%) | 57.637 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Services (%) | 51.136 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Construction (%) | 38.971 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa (%) | 51.023 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
More Indicators for Armenia
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