Home Armenia Tax Revenue 2024

Armenia – Tax Revenue 2024

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

Armenia's tax revenue was 22.37% in 2024, decreased +0.02% from 22.39% in 2023. This was the 23rd highest in the G20.

G20 Ranking – 2024
RankCountryValueYoY
1st Somalia, Fed. Rep. 0.00% 4.9%
2nd United Arab Emirates 0.65% 5.0%
3rd Angola 7.74% -12.7%
4th Saudi Arabia 8.18% 4.9%
5th United States 10.89% 0.7%
6th Paraguay 11.40% 12.5%
7th Tanzania 12.80% 11.4%
8th Singapore 14.19% 2.1%
9th Canada 14.23% 1.0%
10th Dominican Republic 14.70% 1.3%
11th Thailand 15.26% -1.5%
12th Colombia 15.28% -13.0%
13th Brazil 15.41% 9.7%
14th Mongolia 16.85% 17.9%
15th Türkiye 17.62% -3.3%
16th Uruguay 18.16% -2.7%
17th Bosnia and Herzegovina 20.31% 6.5%
18th Kyrgyz Republic 20.38% 3.9%
19th Mauritius 20.53% -0.3%
20th Ukraine 21.03% 20.4%
21st El Salvador 21.50% 3.8%
22nd Mozambique 21.85% -2.3%
23rd Armenia 22.37% -0.1%
24th Botswana 22.49% 20.2%
25th Georgia 24.26% 2.8%
26th United Kingdom 26.96% 0.3%
27th Lesotho 37.28% -7.3%