The Personal Income Tax Rate in Armenia stands at 23 percent. source: Tax Service of Republic of Armenia
Personal Income Tax Rate in Armenia averaged 26.06 percent from 2003 until 2020, reaching an all time high of 36 percent in 2014 and a record low of 20 percent in 2004. This page provides - Armenia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Personal Income Tax Rate - values, historical data and charts - was last updated on February of 2021.
Personal Income Tax Rate in Armenia is expected to reach 36.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Personal Income Tax Rate is projected to trend around 36.00 percent in 2021 and 23.00 percent in 2022, according to our econometric models.