Armenia—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #14 of 137
Latest Value
39.6%
2024
YoY Change
+3.1%
2023 → 2024
Global Rank
#14
of 137 countries
Maximum
40.1%
2018
Minimum
14.5%
2004
CAGR
+5.1%
21 years
Last
39.6%
Previous
38.4%
Highest
40.1%
Lowest
14.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 39.6% | +3.1% |
| 2023 | 38.4% | +10.7% |
| 2022 | 34.7% | -1.6% |
| 2021 | 35.2% | -2.6% |
| 2020 | 36.2% | -3.2% |
| 2019 | 37.4% | -6.8% |
| 2018 | 40.1% | +8.6% |
| 2017 | 36.9% | -7.3% |
| 2016 | 39.8% | +11.7% |
| 2015 | 35.7% | +5.3% |
| 2014 | 33.9% | -6.6% |
| 2013 | 36.3% | +70.2% |
| 2012 | 21.3% | +9.8% |
| 2011 | 19.4% | +4.3% |
| 2010 | 18.6% | -5.3% |
| 2009 | 19.7% | +16.8% |
| 2008 | 16.8% | -3.9% |
| 2007 | 17.5% | -6.0% |
| 2006 | 18.6% | +14.1% |
| 2005 | 16.3% | +12.4% |
| 2004 | 14.5% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →