Armenia sees 14% increase in tax revenues in 2025

The State Revenue Committee (SRC) recorded a 14 percent increase in the collection of tax revenues and state duties in 2025 compared to the figure recorded in 2024, according to SRC Chairman Eduard Hakobyan.

“The increase amounted to 334 billion drams. Tax revenues and duties totaling 2 trillion 72 million drams were transferred to the state budget. Our targets were exceeded, reaching 100.3 percent of the revised plan,” Hakobyan said at a press briefing.

The Chairman of the State Revenue Committee also added that double-digit percentage growth was recorded in both tax (14.5 percent) and customs (11.6 percent) sectors.