Taxes on international trade in Armenia
Armenia: Taxes on international trade was 76.17 billion current LCU in 2024. ▲ Rising
Taxes on international trade in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on international trade in Armenia stood at 76.17 billion current LCU.
Compared with earlier readings it is up 1.2% on the previous year and up 57.4% over ten years.
Over the whole period, taxes on international trade in Armenia peaked at 95.15 billion current LCU in 2019 and was at its lowest, 11.39 billion current LCU, in 2004.
Armenia ranks 50th of 155 countries on this measure, 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
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 taxes on international trade in Armenia?
- Taxes on international trade 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 taxes on international trade recorded in Armenia?
- The highest recorded value was 95.15 billion current LCU in 2019.
- What is the lowest taxes on international trade recorded in Armenia?
- The lowest recorded value was 11.39 billion current LCU in 2004.
- How does Armenia rank for taxes on international trade?
- Armenia ranks 50th out of 155 countries with data for 2024.
- Is taxes on international trade 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-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.