AM · AsiaYE · Asia

Armenia vs Yemen: tax rates compared

There's no gap here — Armenia and Yemen both post an income tax rate of 20%. The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Yemen's 2011-01-01, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%Corporate18%20%Wealth Tax0%
three shared taxes, side by side
Tax AM YEDifference
Income Tax20%20%match
Corporate Tax18%20%YE +2 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppYemen higher

Between the two, Yemen's corporate tax rate (20%) tops Armenia's (18%) by 2pp. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Yemen0%Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Yemen both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.