Taxes less subsidies on products in Armenia

Armenia: Taxes less subsidies on products was 1.20 trillion current LCU in 2025. ▲ Rising

Latest (2025)
1.20 trillion current LCU
Change on year
up 18.9%
World rank
45th
of 198 countries
All-time high
1.20 trillion current LCU
in 2025
All-time low
458.23 billion current LCU
in 2012
Years of data
14
2012–2025

Taxes less subsidies on products in Armenia, 2012–2025

0250.0B500.0B750.0B1.0T1.2T2012201820252012: 458.2B current LCU2013: 506.4B current LCU2014: 546.3B current LCU2015: 535.8B current LCU2016: 508.8B current LCU2017: 572.1B current LCU2018: 639.2B current LCU2019: 745.3B current LCU2020: 674.0B current LCU2021: 767.3B current LCU2022: 882.9B current LCU2023: 1.0T current LCU2024: 1.0T current LCU2025: 1.2T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Armenia recorded 1.20 trillion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 14 years on record.

The figure is up 18.9% on the previous year and up 124.9% over ten years.

Over the whole period, taxes less subsidies on products in Armenia peaked at 1.20 trillion current LCU in 2025 and was at its lowest, 458.23 billion current LCU, in 2012.

Armenia ranks 45th of 198 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 564.03 billion current LCU 458.23 billion current LCU 745.31 billion current LCU 8
2020s 926.78 billion current LCU 673.95 billion current LCU 1.20 trillion current LCU 6

Countries ranked near Armenia

  1. 42 Rwanda 1.25 trillion current LCU compare
  2. 43 Mali 1.24 trillion current LCU compare
  3. 44 Ukraine 1.21 trillion current LCU compare
  4. 46 Angola 1.11 trillion current LCU compare
  5. 47 United States 829.22 billion current LCU compare
  6. 48 South Africa 765.44 billion current LCU compare

See the full ranking of 198 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is taxes less subsidies on products in Armenia?
Taxes less subsidies on products in Armenia was 1.20 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Armenia?
The highest recorded value was 1.20 trillion current LCU in 2025.
What is the lowest taxes less subsidies on products recorded in Armenia?
The lowest recorded value was 458.23 billion current LCU in 2012.
How does Armenia rank for taxes less subsidies on products?
Armenia ranks 45th out of 198 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Armenia?
Over the last ten years it is up 124.9%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,448 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. 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.