Armenia’s top 1,000 taxpayers pay 13.9% more in first nine months

All 17 commercial banks enter the taxpayer list

State Revenue Committee figures show that all 17 commercial banks operating in Armenia appeared in the nine-month list of the 1,000 largest taxpayers. The banking breakdown gives total tax and customs payments of 149.22 billion drams: 146.47 billion through the tax authority and 2.76 billion through customs.

Ardshinbank remained the largest taxpayer among commercial banks. Ameriabank also reached the overall top ten, immediately behind it.

Most of the increase came through the tax authority

In its account published on 26 October, the State Revenue Committee put the rounded nine-month total at 1.638 trillion drams, against 1.439 trillion a year earlier—an increase of about 199 billion. Payments through the tax authority accounted for 188 billion drams of the increase, while customs payments rose by 10 billion.

Mobile Centre returns to first place

Mobile Centre imports and sells phones, electronics and accessories, Azatutyun said on 24 October. Mobile Centre Art regained first place, and value-added tax, or VAT, accounted for 93% of its payments, How2B said on 23 October. VAT is a tax included in the price of goods that the seller transfers to the state.

Azatutyun put Mobile Centre’s year-on-year increase at 22%. It said Zangezur Copper-Molybdenum Combine paid 24.7 billion drams more, an increase of 64%. How2B gave a different growth rate for the combine, 68.16%, as it moved ahead of Grand Tobacco into second place. The combine’s nine-month payments already exceeded the 52.2 billion drams it paid during all of 2025.

Grand Tobacco moved from fifth place at the end of June to third after nine months. Its payments were almost unchanged from January–September 2025, rising 0.6%.

Spayka’s payments fall amid Russian export restrictions

Spayka paid 3.679 billion drams in January–September 2026, down 13.3%, or more than 500 million drams, from the same period in 2025. The agricultural holding organized exports of farmers’ produce and also had substantial production operations of its own.

Azatutyun placed the decline against the backdrop of Russia’s restrictions on agricultural exports from Armenia, which began in May 2026. Spayka’s tax payments had also fallen 45% in the first half of 2026.

Where to find the full list

The State Revenue Committee said the full list of the 1,000 largest taxpayers and their payments is available on its official website, allowing readers to look up individual taxpayers.