Armenia - Net taxes on products (current LCU)

Net taxes on products (current LCU) in Armenia was at 535696000000 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 armenia net taxes on products current lcu wb data




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Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.


Armenia | Economy & Growth

GDP (current US$)
10529182498 USD
GDP (current LCU)
5032089000000 LCU
GDP (constant 2005 US$)
11456794382 USD
GDP (constant LCU)
2131278518845 LCU
GNI (current US$)
10964557495 USD
GNI (current LCU)
5240162678308 LCU
GNI (constant 2005 US$)
11884967075 USD
GNI (constant LCU)
2210621277487 LCU
Gross savings (current LCU)
912583750580 LCU