Hakobyan: tax-to-GDP ratio reached 24.5% in 2025

PanARMENIAN.Net - State Revenue Committee Chairman Eduard Hakobyan announced that the key measure of SRC performance—the tax-to-GDP ratio—has reached 24.5% in 2025, marking the second-largest improvement since 2018.

“We registered a 1 percentage point increase, reaching 24.5%. The government’s target for 2026 is 25%, and I’m confident we’ll meet it this year,” he said, as reported by 1lurer.am .

Hakobyan added that another vital indicator is cost-efficiency, which reflects how much must be spent to collect every 100 drams in taxes and duties.

“In this area, we’ve also achieved a historically low rate of 0.89. What does that mean? It means society only spends 0.9 drams to collect 100 drams in tax revenue. We haven’t seen a figure like this since 2018, and this trend must continue,” he noted.

Earlier, Hakobyan had responded to the Mer Dezvov movement’s proposal to eliminate taxes for SMEs, warning that a 0% tax would increase the shadow economy.