Paying taxes: Profit tax in Armenia
Armenia: Paying taxes: Profit tax was 21.8% in 2019. ▲ Rising
Paying taxes: Profit tax in Armenia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Armenia stood at 21.8%. That is the highest value across all 15 years on record.
The figure is up 23.9% on the previous year and up 47.3% over ten years.
Over the whole period, paying taxes: profit tax in Armenia peaked at 21.8% in 2019 and was at its lowest, 14.8%, in 2007.
That places Armenia 48th out of 190 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Armenia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 15.8% | — |
| 2006 | 15.8% | +0.0% |
| 2007 | 14.8% | -6.3% |
| 2008 | 14.8% | +0.0% |
| 2009 | 14.8% | +0.0% |
| 2010 | 14.8% | +0.0% |
| 2011 | 14.9% | +0.7% |
| 2012 | 14.9% | +0.0% |
| 2013 | 15.7% | +5.4% |
| 2014 | 19.3% | +22.9% |
| 2015 | 19.1% | -1.0% |
| 2016 | 17.6% | -7.9% |
| 2017 | 17.6% | +0.0% |
| 2018 | 17.6% | +0.0% |
| 2019 | 21.8% | +23.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.2% | 14.8% | 15.8% | 5 |
| 2010s | 17.3% | 14.8% | 21.8% | 10 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Armenia?
- Paying taxes: profit tax in Armenia was 21.8% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Armenia?
- The highest recorded value was 21.8% in 2019.
- What is the lowest paying taxes: profit tax recorded in Armenia?
- The lowest recorded value was 14.8% in 2007.
- How does Armenia rank for paying taxes: profit tax?
- Armenia ranks 48th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Armenia?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.