Armenia: Commercial tax rate

* indicates monthly or quarterly data series
 Armenia

Tax rate, percent of commercial profits

 Latest value 22.60
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 30.62
 Min - Max 18.50 - 38.80
 Source The World Bank (doing business survey)
For that indicator, we provide data for Armenia from 2005 to 2019. The average value for Armenia during that period was 30.62 percent with a minimum of 18.5 percent in 2016 and a maximum of 38.8 percent in 2011. The latest value from 2019 is 22.6 percent. For comparison, the world average in 2019 based on 184 countries is 40.53 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Armenia - Commercial tax rate - Recent values chart

Historical chart
Armenia - Commercial tax rate - historical chart - 2005-2019




Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 12.70 2022 percent
 Government spending, in dollars 2.48 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -2.23 2022 percent
 Government debt 49.20 2022 percent
 Government expenditure 396.66 Q3/2023 billion
 Tax revenue 22.00 2021 percent
 Commercial tax rate 22.60 2019 percent
 Tax preparation time 264 2019 hours
 Number of taxes 15 2019 taxes
 Taxes on goods and services 52.48 2021 percent
 Taxes on international trade 5.13 2021 percent
 Income and profits taxes 35.25 2021 percent
 Foreign aid 161.87 2021 million U.S. dollars
This site uses cookies.
Learn more here


OK