The Personal Income Tax Rate in Armenia stands at 36 percent. Personal Income Tax Rate in Armenia averaged 25.63 percent from 2003 until 2018, reaching an all time high of 36 percent in 2014 and a record low of 20 percent in 2004.

Personal Income Tax Rate in Armenia is expected to be 36.00 percent by the end of this quarter, 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 2020, according to our econometric models.

Armenia Personal Income Tax Rate
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Armenia Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 36.00 36.00 36.00 20.00 percent [+]
Corporate Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 0.00 0.00 23.00 0.00 percent [+]
Social Security Rate For Companies 0.00 0.00 15.00 0.00 percent [+]
Social Security Rate For Employees 0.00 0.00 8.00 0.00 percent [+]


Armenia Personal Income Tax Rate

In Armenia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Armenia. This page provides - Armenia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Personal Income Tax Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
36.00 36.00 36.00 20.00 2003 - 2018 percent Yearly




Country Last Previous
Japan 55.95 Dec/18
Netherlands 51.75 Dec/19
Australia 45.00 Dec/18
China 45.00 Dec/18
France 45.00 Dec/19
Germany 45.00 Dec/19
South Africa 45.00 Dec/18
Spain 45.00 Dec/19
United Kingdom 45.00 Dec/19
Italy 43.00 Dec/18
South Korea 40.00 Dec/18
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Turkey 35.00 Dec/19
Canada 33.00 Dec/18
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Brazil 27.50 Dec/18
Singapore 22.00 Dec/18
Russia 13.00 Dec/19
Saudi Arabia 0.00 Dec/18


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