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 |
Tax Revenue: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 19.2 2023 | yearly | 2008 - 2023 |
Algeria (%) | 4.8 2023 | yearly | 1997 - 2023 |
Argentina (%) | 16.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Australia (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Austria (%) | 27.2 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
Bahrain (%) | 5.3 2023 | yearly | 1990 - 2023 |
Bangladesh (%) | 7.8 2023 | yearly | 2006 - 2023 |
Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
Belgium (%) | 29.2 2023 | yearly | 1980 - 2023 |
Bolivia (%) | 18.0 2023 | yearly | 1990 - 2023 |
Bosnia and Herzegovina (%) | 21.6 2023 | yearly | 2005 - 2023 |
Botswana (%) | 34.2 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
Brazil (%) | 15.8 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
Brunei (%) | 1.8 2023 | yearly | 2010 - 2023 |
Bulgaria (%) | 28.1 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
Cambodia (%) | 13.5 2022 | yearly | 2009 - 2022 |
Canada (%) | 11.4 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
China (%) | 11.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Colombia (%) | 16.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Croatia (%) | 26.1 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
Cyprus (%) | 28.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Czech Republic (%) | 18.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Denmark (%) | 43.2 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Ecuador (%) | 15.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
Estonia (%) | 23.4 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
European Union (%) | 25.8 2023 | yearly | 1995 - 2023 |
Finland (%) | 27.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
France (%) | 15.9 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Georgia (%) | 22.7 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Germany (%) | 22.3 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Greece (%) | 31.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Hong Kong SAR, China (%) | 4.1 Sep 2024 | quarterly | Sep 1979 - Sep 2024 |
Hungary (%) | 23.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Iceland (%) | 32.5 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
India (%) | 9.3 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
Indonesia (%) | 9.5 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
Iran (%) | 4.9 2021 | yearly | 1996 - 2021 |
Ireland (%) | 20.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Israel (%) | 22.5 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Italy (%) | 28.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Ivory Coast (%) | 13.1 2023 | yearly | 1960 - 2023 |
Japan (%) | 9.3 Sep 2024 | quarterly | Jun 1983 - Sep 2024 |
Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Kenya (%) | 7.0 2023 | yearly | 2006 - 2023 |
South Korea (%) | 13.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Kosovo (%) | 24.8 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
Kuwait (%) | 1.1 2023 | yearly | 1986 - 2023 |
Kyrgyzstan (%) | 22.3 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Laos (%) | 13.0 2023 | yearly | 2012 - 2023 |
Latvia (%) | 24.9 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 25.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Luxembourg (%) | 29.4 2023 | yearly | 1995 - 2023 |
Macau SAR, China (%) | 22.8 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | 18.7 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Malawi (%) | 12.8 2022 | yearly | 2009 - 2022 |
Malaysia (%) | 13.2 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Malta (%) | 24.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Mexico (%) | 13.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Moldova (%) | 21.0 2023 | yearly | 2004 - 2023 |
Mongolia (%) | 29.0 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Montenegro (%) | 22.8 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
Morocco (%) | 22.6 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
Netherlands (%) | 26.6 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
New Zealand (%) | 30.2 2023 | yearly | 1999 - 2023 |
Norway (%) | 30.5 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Oman (%) | 4.5 2023 | yearly | 1996 - 2023 |
Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
Panama (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Paraguay (%) | 12.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Peru (%) | 13.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Philippines (%) | 15.6 Sep 2024 | quarterly | Mar 1985 - Sep 2024 |
Poland (%) | 16.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Portugal (%) | 22.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
Russia (%) | 21.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Serbia (%) | 35.0 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Singapore (%) | 16.0 Sep 2024 | quarterly | Dec 1987 - Sep 2024 |
Slovakia (%) | 14.0 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Slovenia (%) | 19.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
South Africa (%) | 21.6 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Spain (%) | 23.6 2023 | yearly | 1995 - 2023 |
Sri Lanka (%) | 13.1 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
Sweden (%) | 21.2 2023 | yearly | 1995 - 2023 |
Switzerland (%) | 26.7 2022 | yearly | 1990 - 2022 |
Taiwan (%) | 12.2 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
Thailand (%) | 13.2 2023 | yearly | 1990 - 2023 |
Tunisia (%) | 25.4 2023 | yearly | 1991 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doArmenia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.1 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -357.655 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
Tax Revenue (USD mn) | 503.774 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
National Government Debt (USD mn) | 12,502.4 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Government Debt: % of GDP (%) | 48.9 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Forecast: Government Expenditure (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
Forecast: Government Net Debt (AMD bn) | 8,523.699 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (AMD bn) | 3,906.567 2029 | yearly | 1993 - 2029 |
Consolidated Government Budget: Revenue and Grants (AMD mn) | 641,708.600 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Consolidated Government Budget: Balance (AMD mn) | -80,425.000 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 110,888.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 1,941,378.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Expenditure: ytd (AMD mn) | 2,284,931.300 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Balance: ytd (AMD mn) | -211,487.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 599,931.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Revenue and Official Transfers: ytd (AMD mn) | 2,073,443.500 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: Deficit Financing: ytd (AMD mn) | 211,487.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: ytd: RT: Revenue: Tax, Government Duties & Compulsory Social Insur... (AMD mn) | 1,970,140.500 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 354,268.100 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
State Budget: ytd: RT: Revenue (AMD mn) | 2,060,205.800 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
Central Government Debt: Short Term (AMD bn) | 120.104 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: Mid Term (AMD bn) | 841.425 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: Long Term (AMD bn) | 3,678.511 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: Domestic (AMD bn) | 2,403.559 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt (AMD bn) | 4,842.070 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: External (AMD bn) | 2,438.511 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: % Nominal GDP (%) | 46.700 2022 | yearly | 1999 - 2022 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
Trade Balance (USD mn) | -414.2 Nov 2024 | monthly | Nov 1995 - Nov 2024 |
Total Exports (USD mn) | 752.1 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Exports Growth (%) | 24.6 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Aluminum: Exports (USD th) | 104,497.100 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 18,917.932 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 16,026.864 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 1,166.3 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Imports Growth (%) | 9.2 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Imports: Medicament (USD th) | 168,753.777 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 60,930.346 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 9.604 Oct 2024 | monthly | Jun 1996 - Oct 2024 |
Total Imports from USA (USD mn) | 23.908 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
Total Exports to China (USD mn) | 80.719 Oct 2024 | monthly | Dec 1998 - Oct 2024 |
Total Imports from China (USD mn) | 180.205 Oct 2024 | monthly | Jun 1998 - Oct 2024 |
Trade Balance: ytd (USD mn) | -3,565.200 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
Exports: ow Bulgaria (USD mn) | 7.104 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Exports: ow China (USD mn) | 80.719 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Exports: ow Iran (USD mn) | 9.124 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Exports: ow Russian Federation (USD mn) | 294.306 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Exports: ow United States (USD mn) | 9.604 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
Imports: ow Iran (USD mn) | 63.304 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Imports: ow Russian Federation (USD mn) | 549.127 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Imports: ow United States (USD mn) | 23.908 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.2 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
Household Debt: % of GDP (%) | 28.4 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Non-Performing Loans (USD mn) | 517.057 Sep 2024 | monthly | Dec 2008 - Sep 2024 |
Money Supply M1 (USD mn) | 5,408.201 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Money Supply M2 (USD mn) | 9,497.423 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
M2 Growth (%) | 16.4 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
Foreign Exchange Reserves (USD mn) | 3,520.3 Nov 2024 | monthly | Dec 1993 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.245 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.7 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Gold Reserves (USD mn) | 0.000 Nov 2024 | monthly | Dec 1992 - Nov 2024 |
Total Deposits (USD mn) | 15,660.227 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Deposits Growth (%) | 10.0 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Domestic Credit (USD mn) | 19,407.3 Oct 2024 | monthly | Dec 1993 - Oct 2024 |
Domestic Credit Growth (%) | 20.7 Oct 2024 | monthly | Dec 1994 - Oct 2024 |
Household Debt (USD mn) | 7,506.3 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Loans (USD mn) | 15,596.150 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Total Loans Growth (%) | 21.72 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Private Debt: % of Nominal GDP (%) | 53.77 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Money Supply: M2X (AMD mn) | 5,649,588.442 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Money Supply: sa: M2 (AMD mn) | 3,678,257.000 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Money Supply: M2X: M2 (AMD mn) | 3,792,077.927 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Money Supply: M2X: M2: M1 (AMD mn) | 2,114,056.802 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Money Supply: sa: M1 (AMD mn) | 2,094,542.000 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Monetary Base: sa (AMD mn) | 1,835,741.000 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 794,608.137 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
International Reserves: USD (USD mn) | 3,533.399 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
International Reserves: USD: Gold (USD mn) | 0.000 Nov 2024 | monthly | Sep 2003 - Nov 2024 |
Commercial Banks Loans: Residents: Consumer (AMD mn) | 1,347,438.424 Nov 2024 | monthly | Dec 2004 - Nov 2024 |
Commercial Banks Loans: Residents: Mortgage (AMD mn) | 1,367,081.929 Nov 2024 | monthly | Apr 2005 - Nov 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
More Indicators for Armenia
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.