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Armenia – Tax Revenue

Name: Armenia Tax Revenue
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Compulsory transfers to the central government as a share of GDP. Includes income, profit, capital gains, property, goods and services, and trade taxes. · World Bank

22.37% −0.02% from 2023 G20 rank: 23rd · all-time high: 22.39% (2023)

APA

Armenia Tax Revenue. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/armenia/tax-revenue

BibTeX

@misc{historysaid_armenia_tax-revenue,
  title = {Armenia Tax Revenue},
  url = {https://historysaid.com/armenia/tax-revenue},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	22.79%	–	–
2026* trend	22.65%	–	–
2025* trend	22.51%	–	–
2024	22.37%	−0.02%	23rd
2023	22.39%	+0.56%	79th
2022	21.83%	−0.17%	87th
2021	22.00%	+0.14%	103rd
2020	21.86%	−0.42%	109th
2019	22.29%	+1.42%	108th
2018	20.87%	+0.09%	99th
2017	20.78%	−0.50%	104th
2016	21.28%	+0.35%	104th
2015	20.93%	−0.67%	108th
2014	21.60%	+0.01%	108th
2013	21.59%	+4.09%	102nd
2012	17.49%	+0.27%	78th
2011	17.22%	+0.15%	74th
2010	17.07%	+0.56%	76th
2009	16.51%	−0.82%	65th
2008	17.32%	+1.36%	61st
2007	15.96%	+1.57%	43rd
2006	14.40%	+0.06%	36th
2005	14.34%	+0.34%	35th
2004	14.00%	–	40th

Show all years (2004–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Export Boom Cycle

Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.

Reserves YoY +27.3% GDP growth 12.6% C/A balance 0.7%

This pattern occurred 682 times in G20 history, 460 successful

United Arab Emirates 2024

Reserves YoY

+25.6%

GDP growth

4.0%

C/A balance

14.5%

Guatemala 2024

Reserves YoY

+14.6%

GDP growth

3.7%

C/A balance

2.9%

Cambodia 2024

Reserves YoY

+12.6%

GDP growth

6.0%

C/A balance

0.5%

Sri Lanka 2024

Reserves YoY

+38.3%

GDP growth

5.0%

C/A balance

1.2%

Lesotho 2024

Reserves YoY

+18.0%

GDP growth

2.9%

C/A balance

3.9%

Lithuania 2024

Reserves YoY

+20.1%

GDP growth

2.8%

C/A balance

3.3%

HistorySaid

Over the last decade, Armenia's tax revenue averaged 21.66%. The 2024 figure of 22.37% is above this long-run average. Based on recent trends, HistorySaid estimates 22.51% by 2025.