Name: Armenia Personal Income Tax Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Armenia,Personal Income Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Personal Income Tax Rate in Armenia stands at 21 percent. source: Tax Service of Republic of Armenia

Personal Income Tax Rate in Armenia averaged 25.60 percent from 2003 until 2022, 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 July of 2022.

Personal Income Tax Rate in Armenia is expected to reach 21.00 percent by the end of 2022, 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 21.00 percent in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	21.00	22.00	percent	Dec 2022
Corporate Tax Rate	18.00	18.00	percent	Dec 2022
Sales Tax Rate	20.00	20.00	percent	Dec 2022

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.