AM · AsiaGR · Europe
Armenia vs Greece: tax rates compared
Greece's income tax rate is 24pp higher than Armenia's (44% vs 20%). The 200-country average is 28%: Armenia sits below it, Greece sits above it. Armenia's figure is dated 2023-01-01 and Greece's 2025-01-01, 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 | GR | Difference |
|---|---|---|---|
| Income Tax | 20% | 44% | GR +24 pplargest gap |
| Corporate Tax | 18% | 22% | GR +4 pp |
| VAT | 20% | 24% | GR +4 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Greece | 44% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −24 pp | Greece higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Greece | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4 pp | Greece higher |
Greece's corporate tax rate is 4pp higher than Armenia's (22% vs 18%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Difference | −4 pp | Greece higher |
Greece's VAT rate is 4pp higher than Armenia's (24% vs 20%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16 |
| Difference | 0 pp | displayed rates match |
Armenia's capital gains tax rate is identical to Greece'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 Greece's 2026-02-16, 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 |
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| Difference | 0 pp | displayed rates match |
Armenia's wealth tax rate is identical to Greece's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.