24Peaks / Asia / Armenia / Corporate Income Tax Revenue (% of GDP)

Armenia - Corporate Income Tax Revenue (% of GDP) 2.41

IMF World Revenue · updated 2026-10-03 · 163 economies tracked

Latest value

2.41 (2020)

Global rank

##23 of 163 economies

vs global median

0.9×

Growth since 2003

2.23×

Ranking Race — Corporate Income Tax Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#19#37#55#73#91#1091990199520002005201020152020#112#232018 overtook Barbados2020 overtook Mongolia
ArmeniaCyprusEquatorial GuineaUzbekistanNamibia

Real annual global ranks, 1990 - 2020. Armenia climbed from #112 to #23 (overtook Barbados). Gaps in a lane = missing data that year.

Key events for Armenia ↓

Key Events — Armenia

Auto-detected from rank data + curated milestones

2004
Climbed 31 places in global rank auto
2009
Climbed 20 places in global rank auto
2010
Fell 17 places in global rank auto
2011
Climbed 15 places in global rank auto
2014
Fell 28 places in global rank auto
2016
Climbed 22 places in global rank auto
2017
Fell 29 places in global rank auto
2018
Overtook Barbados in global rank auto

Corporate Income Tax Revenue (% of GDP), 2003-2020

IMF World Revenue · % of GDP · linear scale · ranking in the race above
200320082013201820201.081.662.252.83

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