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

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