Customs and other import duties in Armenia
Armenia: Customs and other import duties was 76.17 billion current LCU in 2024. ▲ Rising
Customs and other import duties in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Armenia recorded 76.17 billion current LCU for customs and other import duties in 2024.
The figure is up 1.2% on the previous year and up 57.4% over ten years.
Over the whole period, customs and other import duties in Armenia peaked at 95.15 billion current LCU in 2019 and was at its lowest, 11.39 billion current LCU, in 2004.
That places Armenia 48th out of 152 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.72 billion current LCU | 11.39 billion current LCU | 37.29 billion current LCU | 6 |
| 2010s | 56.83 billion current LCU | 29.37 billion current LCU | 95.15 billion current LCU | 10 |
| 2020s | 72.25 billion current LCU | 56.69 billion current LCU | 84.84 billion current LCU | 5 |
Countries ranked near Armenia
- 45 United States 83.59 billion current LCU compare
- 46 Serbia 79.02 billion current LCU compare
- 47 Brazil 77.49 billion current LCU compare
- 49 South Africa 74.87 billion current LCU compare
- 50 Dominican Republic 60.11 billion current LCU compare
- 51 Ukraine 47.59 billion current LCU compare
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.4% (2024)
- Taxes on income, profits and capital gains 39.6% (2024)
- Taxes on goods and services 48.2% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 8.4% (2024)
- Interest payments 12.7% (2023)
- Other taxes 0.7% (2024)
Frequently asked questions
- What is customs and other import duties in Armenia?
- Customs and other import duties in Armenia was 76.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Armenia?
- The highest recorded value was 95.15 billion current LCU in 2019.
- What is the lowest customs and other import duties recorded in Armenia?
- The lowest recorded value was 11.39 billion current LCU in 2004.
- How does Armenia rank for customs and other import duties?
- Armenia ranks 48th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Armenia?
- Over the last ten years it is up 57.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.