Home Armenia Tax Revenue 2023

Armenia – Tax Revenue 2023

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
22.39% +0.56% from 2022 G20 rank: 79th

Armenia's tax revenue was 22.39% in 2023, increased +0.56% from 21.83% in 2022. This was the 79th highest in the G20.

G20 Ranking – 2023
RankCountryValueYoY
1st Somalia, Fed. Rep. 0.00% 14.4%
2nd United Arab Emirates 0.62% 8.4%
3rd China 7.64% 1.6%
4th Saudi Arabia 7.80% 12.2%
5th Guinea-Bissau 8.64% -0.6%
6th Angola 8.87% -30.3%
7th Switzerland 9.00% 0.2%
8th Madagascar 9.61% 4.1%
9th Sri Lanka 9.92% 36.3%
10th Argentina 9.93% -10.3%
11th Paraguay 10.14% -1.2%
12th Germany 10.64% -5.1%
13th Tajikistan 10.75% 3.9%
14th United States 10.81% -15.5%
15th Tanzania 11.49% -2.6%
16th Uzbekistan 11.53% -3.8%
17th Guatemala 11.57% -2.1%
18th Kazakhstan 11.89% -1.4%
19th Russian Federation 12.07% 11.3%
20th Cambodia 12.20% -9.7%
21st Malaysia 12.56% 8.0%
22nd Belarus 12.70% 13.1%
23rd Uganda 12.97% 3.3%
24th Côte d'Ivoire 13.04% 10.3%
25th Rwanda 13.51% -1.3%
26th Togo 13.79% 2.9%
27th Singapore 13.89% 17.9%
28th Costa Rica 13.91% -3.1%
29th Nepal 13.94% -20.2%
30th Andorra 13.95% -6.9%
31st Brazil 14.04% -4.6%
32nd Kenya 14.06% -3.7%
33rd Canada 14.09% 2.6%
34th Philippines 14.10% -3.5%
35th Mexico 14.19% 5.9%
36th Mongolia 14.30% -9.4%
37th Dominican Republic 14.51% 4.4%
38th Korea 14.60% -14.9%
39th Spain 15.00% -3.1%
40th Thailand 15.49% 2.3%
41st Papua New Guinea 15.93% 7.9%
42nd Bahamas, The 16.20% 4.3%
43rd Latvia 16.63% -3.0%
44th Jordan 17.05% -2.4%
45th San Marino 17.27% -3.0%
46th Ukraine 17.46% 4.6%
47th Colombia 17.56% 15.1%
48th Vanuatu 17.57% 11.7%
49th Kiribati 17.72% -12.5%
50th Chile 17.72% -17.0%
51st North Macedonia 17.76% 0.4%
52nd Azerbaijan 17.79% 15.1%
53rd Albania 17.80% -1.4%
54th Poland 18.00% 5.1%
55th Türkiye 18.22% 6.1%
56th Burkina Faso 18.55% 3.9%
57th Moldova 18.59% -1.8%
58th Uruguay 18.66% 0.3%
59th Botswana 18.71% -4.8%
60th Bosnia and Herzegovina 19.06% -0.2%
61st Slovak Republic 19.31% -1.4%
62nd Senegal 19.54% 5.1%
63rd European Union 19.57% -1.4%
64th Kyrgyz Republic 19.61% 0.3%
65th Nicaragua 19.94% 0.4%
66th Slovenia 20.32% -3.4%
67th Tonga 20.45% 0.3%
68th Bulgaria 20.51% -5.6%
69th Fiji 20.54% 11.0%
70th Mauritius 20.59% 8.2%
71st El Salvador 20.71% -2.2%
72nd Morocco 20.74% -6.0%
73rd Croatia 21.18% -2.3%
74th Estonia 21.33% 1.1%
75th Lithuania 21.42% 0.6%
76th Malta 21.48% -6.6%
77th Israel 22.14% -11.5%
78th Mozambique 22.36% -1.3%
79th Armenia 22.39% 2.6%
80th Portugal 22.62% -2.4%
81st Macao SAR, China 22.93% 36.9%
82nd France 23.08% -6.0%
83rd Iceland 23.18% 4.6%
84th Cyprus 23.27% 1.4%
85th Georgia 23.60% 3.0%
86th Samoa 23.96% -0.3%
87th Italy 24.71% 0.4%
88th Netherlands 25.25% 5.7%
89th Finland 25.38% 19.7%
90th South Africa 25.40% -2.4%
91st Austria 25.64% -1.9%
92nd Greece 26.69% -3.9%
93rd Luxembourg 26.85% 0.6%
94th United Kingdom 26.87% 1.2%
95th Norway 27.05% -13.7%
96th Sweden 27.58% -2.1%
97th New Zealand 30.67% 3.6%
98th Denmark 31.59% 2.5%
99th Namibia 32.96% 21.3%
100th Lesotho 40.22% 32.1%