Georgia vs Latin America & the Caribbean (IDA & IBRD countries): Tax revenue
Tax revenue over time
- Georgia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Georgia currently reports 24.3% against 14.7% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 9.6%.
That makes Georgia's figure about 1.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 15 years both countries report, Georgia has been ahead every year.
Georgia ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 15th 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 & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)?
- Georgia, at 24.3% against 14.7% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in tax revenue between Georgia and Latin America & the Caribbean (IDA & IBRD countries)?
- 9.6%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Latin America & the Caribbean (IDA & IBRD countries)?
- 15 years are reported by both, from 2010 to 2024.
- How do Georgia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for tax revenue?
- Georgia ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 15th 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.
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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.