Armenia - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Armenia was 1,458,190,000,000 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 1,458,190,000,000 in 2019 and a minimum value of 267,044,000,000 in 2004.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

Year Value
2004 267,044,000,000
2005 321,532,000,000
2006 382,385,000,000
2007 502,705,000,000
2008 618,080,000,000
2009 518,557,000,000
2010 590,658,000,000
2011 650,540,000,000
2012 746,274,000,000
2013 983,390,000,000
2014 1,042,940,000,000
2015 1,055,690,000,000
2016 1,078,190,000,000
2017 1,156,340,000,000
2018 1,255,760,000,000
2019 1,458,190,000,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Armenia was 22.29 as of 2019. Its highest value over the past 15 years was 22.29 in 2019, while its lowest value was 14.00 in 2004.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2004 14.00
2005 14.34
2006 14.40
2007 15.96
2008 17.32
2009 16.51
2010 17.07
2011 17.22
2012 17.49
2013 21.59
2014 21.60
2015 20.93
2016 21.28
2017 20.78
2018 20.87
2019 22.29

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance