Armenia - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Armenia was 757,078,000,000 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 757,078,000,000 in 2019 and a minimum value of 113,048,000,000 in 2004.

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.

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

Year Value
2004 113,048,000,000
2005 144,577,000,000
2006 163,234,000,000
2007 286,724,000,000
2008 361,178,000,000
2009 293,122,000,000
2010 346,424,000,000
2011 364,465,000,000
2012 415,937,000,000
2013 453,982,000,000
2014 532,789,000,000
2015 472,922,000,000
2016 450,833,000,000
2017 488,914,000,000
2018 547,181,000,000
2019 757,078,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Armenia was 47.88 as of 2019. Its highest value over the past 15 years was 47.88 in 2019, while its lowest value was 30.17 in 2006.

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.

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

See also:

Year Value
2004 31.32
2005 32.26
2006 30.17
2007 41.05
2008 43.45
2009 40.57
2010 42.50
2011 39.51
2012 42.15
2013 41.71
2014 44.16
2015 39.48
2016 37.81
2017 38.47
2018 40.08
2019 47.88

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Armenia was 14.66 as of 2019. Its highest value over the past 7 years was 15.18 in 2014, while its lowest value was 11.47 in 2017.

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.

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

See also:

Year Value
2012 13.26
2013 13.75
2014 15.18
2015 12.68
2016 11.79
2017 11.47
2018 11.75
2019 14.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance