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Taxes paid by the top IT taxpayers | Q1-Q3 2022/23

Note: The taxes paid by each company is calculated as the difference between the total amount paid by the company and the amounts returned to the unified account in terms of VAT and excise tax.

10 November, 2023

5 min read

Top IT taxpayers | 2023 Q1-Q3

In January-September 2023, 69 IT companies were included in the list of 1000 large taxpayers. In January-September 2023, IT companies from the list paid AMD 59 billion in taxes or 4.2% of the total income supervised by the State Revenue Committee (SRC). 69 IT companies paid AMD 8.4 billion as profit tax, of which 20% […]

27 October, 2023

4 min read

Net profits of RA banks | Q1-Q3 – 2022/2023

In January-September 2023, RA banks registered AMD 215 billion net profit, which is about 11% more than last year. The highest profit was registered by Ardshinbank (AMD 56.9 billion). All banks made a profit, but 6 out of 18 commercial banks recorded a decrease in net profit.

17 October, 2023

2 min read

FDI performance of Armenia 2022

According to the 2021-2026 RA Government Programme, it is targeted to increase the FDI net inflow/GDP ratio to 6% by 2026. Due to the favorable external economic factors, it was possible to rapidly improve this indicator and to come significantly closer to the set target. A record-high FDI net inflow was registered in 2022 In […]

26.04.23

30 min read

Foreign direct investments (FDIs) in Armenia | Q1-Q3 2022

In January-September 2022, FDI inflow to the real sector of the Armenian economy amounted to $708.2 million, 36.2% more than last year. It should be mentioned that the increase of FDI inflow in AMD terms equaled 19.4%, meaning that the 36.2% USD increase was largely due to AMD appreciation. In Q1-Q3 2022, Russia had the […]

11.01.23

3 min read