Armenia - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Armenia was 591,218,000,000 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 591,218,000,000 in 2019 and a minimum value of 52,424,200,000 in 2004.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2004 52,424,200,000
2005 73,172,300,000
2006 100,798,000,000
2007 122,332,000,000
2008 139,961,000,000
2009 142,026,000,000
2010 151,754,000,000
2011 179,053,000,000
2012 210,321,000,000
2013 394,858,000,000
2014 408,579,000,000
2015 427,211,000,000
2016 475,150,000,000
2017 469,577,000,000
2018 548,011,000,000
2019 591,218,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Armenia was 37.39 as of 2019. Its highest value over the past 15 years was 40.14 in 2018, while its lowest value was 14.52 in 2004.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2004 14.52
2005 16.33
2006 18.63
2007 17.51
2008 16.84
2009 19.66
2010 18.62
2011 19.41
2012 21.31
2013 36.28
2014 33.86
2015 35.67
2016 39.85
2017 36.95
2018 40.14
2019 37.39

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Armenia was 40.54 as of 2019. Its highest value over the past 15 years was 44.07 in 2016, while its lowest value was 19.63 in 2004.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2004 19.63
2005 22.76
2006 26.36
2007 24.33
2008 22.64
2009 27.39
2010 25.69
2011 27.52
2012 28.18
2013 40.15
2014 39.18
2015 40.47
2016 44.07
2017 40.61
2018 43.64
2019 40.54

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance