Georgia vs Latin America & Caribbean: Taxes on goods and services
Taxes on goods and services over time
- Georgia
- Latin America & Caribbean
How they compare
Georgia currently reports 44.5% against 32.6% in Latin America & Caribbean, a difference of 11.9%.
That makes Georgia's figure about 1.4 times Latin America & Caribbean's.
The two have swapped places 3 times across 26 shared years of data; in 1998 it was Latin America & Caribbean ahead.
Georgia ranks 22nd and Latin America & Caribbean ranks 21st of 156 countries.
Georgia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Georgia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.9% | 42.2% | 0.6% | Georgia |
| 2000s | 46.5% | 41.2% | 5.3% | Georgia |
| 2010s | 48.3% | 35.4% | 13.0% | Georgia |
| 2020s | 47.8% | 32.7% | 15.1% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Georgia or Latin America & Caribbean?
- Georgia, at 44.5% against 32.6% in Latin America & Caribbean as of 2024.
- What is the difference in taxes on goods and services between Georgia and Latin America & Caribbean?
- 11.9%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Latin America & Caribbean?
- 26 years are reported by both, from 1998 to 2024.
- How do Georgia and Latin America & Caribbean rank globally for taxes on goods and services?
- Georgia ranks 22nd and Latin America & Caribbean ranks 21st of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.