Armenia: Taxes on goods and services

The latest value from 2021 is 52.48 percent, an increase from 46.5 percent in 2020. In comparison, the world average is 33.72 percent, based on data from 104 countries. Historically, the average for Armenia from 2004 to 2021 is 40.64 percent. The minimum value, 30.17 percent, was reached in 2006 while the maximum of 52.48 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.