Armenia`s 1,000 major taxpayers: trade sector has lion`s share

ArmInfo.  From January to September 2025, 39% of taxpayers included in the list of the 1,000 largest taxpayers in the Republic of Armenia were active in the trade  sector.

According to data from the consulting company Modex, these included  392 business entities that contributed 497 billion drams to the state  budget, accounting for 25% of the total revenues controlled by the  State Revenue Committee (SRC).

The top taxpayers also included representatives of the manufacturing  industry (145 enterprises) and the financial and insurance sector  (49), which contributed 214 billion and 170 billion drams,  respectively. Next came the information and communications sector,  with 73 business entities contributing 78 billion drams to the state  budget. Rounding out the top five industry leaders is the  construction sector (94 companies), which paid 69 billion drams.

Overall, the largest taxpayers in the top five industries  collectively accounted for 71.4% of total tax revenues. It's worth  noting that, according to State Revenue Committee data, the 1,000  largest taxpayers in Armenia contributed 1.4 trillion drams to the  state budget in January-September, an 8.8% increase from the same  period last year.