Taxes on goods and services as a share of revenue reached 46.5% in 2020 in Armenia, according to the National Statistical Office. This is 2.89% less than in the previous year.
Historically, taxes on goods and services as a share of revenue in Armenia reached an all time high of 47.9% in 2019 and an all time low of 30.2% in 2006.
Armenia has been ranked 14th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.
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