AM · AsiaBO · Americas
Armenia vs Bolivia: tax rates compared
Armenia's income tax rate is 7pp higher than Bolivia's (20% vs 13%). The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Bolivia's 2026-03-26, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AM | BO | Difference |
|---|---|---|---|
| Income Tax | 20% | 13% | AM +7 pplargest gap |
| Corporate Tax | 18% | 25% | BO +7 pp |
| VAT | 20% | 13% | AM +7 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 2.4% | BO +2.4 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Taxes on personal income) · as of 2026-03-26 |
| Difference | +7 pp | Armenia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Bolivia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Bolivia higher |
Bolivia's corporate tax rate is 7pp higher than Armenia's (25% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Bolivia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Corporate, Other taxes) · as of 2026-03-26 |
| Difference | +7 pp | Armenia higher |
Armenia's VAT rate is 7pp higher than Bolivia's (20% vs 13%). The 181-country average is 15%: Armenia sits above it, Bolivia sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Bolivia | 0% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Income determination) · as of 2026-03-26 |
| Difference | 0 pp | displayed rates match |
Armenia's capital gains tax rate is identical to Bolivia's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Bolivia's 2026-03-26, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Bolivia | 2.4% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Other taxes) · as of 2026-03-26 |
| Difference | −2.4 pp | Bolivia higher |
Bolivia's wealth tax rate is 2.4pp higher than Armenia's (2.4% vs 0%). The 193-country average is 0.1%: Armenia sits below it, Bolivia sits above it.
Not covered for both countries yet: Crypto Tax.