Plugin demonstrating how to inject GTM for the AMP plugin, in response to support forum topic: https://wordpress.org/support/topic/amp-with-google-tag-manager/

amp-google-tag-manager.php

<?php
/**
 * Plugin Name: AMP Google Tag Manager
 *
 * @package   AMP_Google_Tag_Manager
 * @author    Weston Ruter, Google
 * @license   GPL-2.0-or-later
 * @copyright 2019 Google Inc.
 *
 * @wordpress-plugin
 * Plugin Name: AMP Google Tag Manager
 * Description: Demonstration for how to add Google Tag Manager (GTM) to an AMP page in WordPress.
 * Plugin URI:  https://gist.github.com/westonruter/2ea25735be279b88c6f0946629d0240c
 * Version:     0.1.0
 * Author:      Weston Ruter, Google
 * Author URI:  https://weston.ruter.net/
 * License:     GNU General Public License v2 (or later)
 * License URI: http://www.gnu.org/licenses/gpl-2.0.html
 */

namespace AMP_Google_Tag_Manager;

const GTM_CONTAINER_ID = '______________________'; // 👈👈👈 This must be populated with your appropriate value.

/**
 * Print amp-analytics.
 */
function print_component() {
	printf(
		'<amp-analytics config="https://www.googletagmanager.com/amp.json?id=%s" data-credentials="include"></amp-analytics>',
		esc_attr( GTM_CONTAINER_ID )
	);
}

add_action(
	'wp_footer',
	function () {
		if ( function_exists( 'is_amp_endpoint' ) && is_amp_endpoint() ) {
			print_component();
		}
	}
);

// Classic mode.
add_filter(
	'amp_post_template_data',
	function( $data ) {
		$data['amp_component_scripts'] = array_merge(
			$data['amp_component_scripts'],
			array(
				'amp-analytics' => true,
			)
		);
		return $data;
	}
);
add_action( 'amp_post_template_footer', __NAMESPACE__ . '\print_component' );