Home Armenia Tax Revenue 2022

Armenia – Tax Revenue 2022

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
21.83% −0.17% from 2021 G20 rank: 87th

Armenia's tax revenue was 21.83% in 2022, decreased +0.17% from 22.00% in 2021. This was the 87th highest in the G20.

G20 Ranking – 2022
RankCountryValueYoY
1st Somalia, Fed. Rep. 0.00% 0.7%
2nd United Arab Emirates 0.57% 8.1%
3rd Equatorial Guinea 6.60% 22.3%
4th India 6.73% -44.0%
5th Saudi Arabia 6.95% -19.2%
6th Sri Lanka 7.28% -1.3%
7th China 7.52% -3.6%
8th Guinea-Bissau 8.70% -1.0%
9th Switzerland 8.99% -10.7%
10th Madagascar 9.24% -11.0%
11th Paraguay 10.27% 4.8%
12th Tajikistan 10.34% 0.0%
13th Congo, Democratic Republic of 10.66% 35.5%
14th Russian Federation 10.85% -7.3%
15th Argentina 11.06% -2.4%
16th Germany 11.20% -2.4%
17th Belarus 11.23% -12.4%
18th Malaysia 11.63% 3.7%
19th Singapore 11.78% -7.5%
20th Tanzania 11.79% 8.6%
21st Côte d'Ivoire 11.82% -4.6%
22nd Guatemala 11.82% 2.2%
23rd Uzbekistan 11.99% -10.3%
24th Kazakhstan 12.06% 27.7%
25th Lao PDR 12.11% 16.6%
26th Ghana 12.30% 0.4%
27th Uganda 12.55% 0.7%
28th Czechia 12.64% -2.3%
29th Angola 12.73% 19.0%
30th United States 12.80% 10.6%
31st Ecuador 13.09% 2.8%
32nd Mexico 13.40% -0.1%
33rd Togo 13.40% -3.4%
34th Malawi 13.50% 16.5%
35th Cambodia 13.52% 12.7%
36th Rwanda 13.68% -5.4%
37th Canada 13.74% -1.9%
38th Dominican Republic 13.91% -3.2%
39th Costa Rica 14.35% 2.2%
40th Kenya 14.60% 7.7%
41st Philippines 14.62% 3.5%
42nd Brazil 14.73% 4.2%
43rd Papua New Guinea 14.77% 21.6%
44th Andorra 14.98% 14.3%
45th Thailand 15.14% 0.4%
46th Colombia 15.26% 5.7%
47th Azerbaijan 15.45% 15.1%
48th Spain 15.47% 4.0%
49th Bahamas, The 15.53% 16.0%
50th Vanuatu 15.72% -1.0%
51st Mongolia 15.77% -6.7%
52nd Romania 16.21% 8.1%
53rd Ukraine 16.69% -12.5%
54th Macao SAR, China 16.75% -14.2%
55th Ireland 16.79% 1.0%
56th Poland 17.12% -9.7%
57th Latvia 17.15% 4.3%
58th Korea 17.16% 9.5%
59th Türkiye 17.18% -1.7%
60th Jordan 17.47% 2.0%
61st North Macedonia 17.69% 1.7%
62nd San Marino 17.81% 3.0%
63rd Burkina Faso 17.86% 11.5%
64th Albania 18.06% -0.2%
65th Fiji 18.50% 12.6%
66th Senegal 18.59% 5.9%
67th Uruguay 18.60% 4.4%
68th Moldova 18.92% 2.9%
69th Mauritius 19.04% 5.5%
70th Bosnia and Herzegovina 19.09% 0.0%
71st Kyrgyz Republic 19.54% 18.5%
72nd Slovak Republic 19.57% 3.2%
73rd Botswana 19.65% -11.6%
74th European Union 19.85% -0.2%
75th Nicaragua 19.86% 5.5%
76th Kiribati 20.25% -7.3%
77th Tonga 20.40% -1.4%
78th Slovenia 21.03% -2.7%
79th Estonia 21.10% -3.0%
80th El Salvador 21.16% 7.5%
81st Finland 21.20% 1.8%
82nd Lithuania 21.28% 0.0%
83rd Chile 21.34% 8.4%
84th Timor-Leste 21.64% 43.5%
85th Croatia 21.68% 2.9%
86th Bulgaria 21.73% 5.5%
87th Armenia 21.83% -0.8%
88th Morocco 22.06% 12.2%
89th Solomon Islands 22.07% 5.3%
90th Iceland 22.16% 5.3%
91st Mozambique 22.66% -0.4%
92nd Belgium 22.80% -1.8%
93rd Georgia 22.90% 6.7%
94th Cyprus 22.95% 1.8%
95th Malta 22.99% 2.6%
96th Portugal 23.17% 4.0%
97th Hungary 23.43% 9.8%
98th Australia 23.56% 2.4%
99th Serbia 23.89% 21.5%
100th Netherlands 23.90% -1.7%
101st Samoa 24.02% -2.2%
102nd France 24.55% 2.4%
103rd Italy 24.61% -1.1%
104th Israel 25.00% 1.8%
105th South Africa 26.02% 0.3%
106th Austria 26.13% 0.4%
107th United Kingdom 26.55% 2.2%
108th Luxembourg 26.68% 2.6%
109th Namibia 27.17% -3.2%
110th Greece 27.78% 8.6%
111th Sweden 28.17% 0.6%
112th New Zealand 29.60% 2.0%
113th Lesotho 30.44% -4.5%
114th Denmark 30.81% -12.5%
115th Norway 31.34% 22.9%
HistorySaid – pattern alert

Armenia matched the Export Boom Cycle pattern in 2022. Historically: 682 occurrences, 460 successful (67%). Outcome 24 months later: 5.9%. View full analysis →