Georgia vs Latin America & Caribbean: Tax revenue
Tax revenue over time
- Georgia
- Latin America & Caribbean
How they compare
Georgia currently reports 24.3% against 14.7% in Latin America & Caribbean, a difference of 9.6%.
That makes Georgia's figure about 1.6 times Latin America & Caribbean's.
Across all 15 years both countries report, Georgia has been ahead every year.
Georgia ranks 17th and Latin America & Caribbean ranks 14th of 157 countries.
Georgia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 22.4% | 13.4% | 9.0% | Georgia |
| 2020s | 22.7% | 14.0% | 8.7% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Georgia or Latin America & Caribbean?
- Georgia, at 24.3% against 14.7% in Latin America & Caribbean as of 2024.
- What is the difference in tax revenue between Georgia and Latin America & Caribbean?
- 9.6%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Latin America & Caribbean?
- 15 years are reported by both, from 2010 to 2024.
- How do Georgia and Latin America & Caribbean rank globally for tax revenue?
- Georgia ranks 17th and Latin America & Caribbean ranks 14th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.