Georgia vs Low & middle income: Taxes on income, profits and capital gains
Georgia
38.5%
in 2024
Low & middle income
27.0%
in 2023
Georgia rank
20th
Low & middle income rank
19th
Taxes on income, profits and capital gains over time
- Georgia
- Low & middle income
How they compare
Georgia currently reports 38.5% against 27.0% in Low & middle income, a difference of 11.5%.
That makes Georgia's figure about 1.4 times Low & middle income's.
Across all 16 years both countries report, Georgia has been ahead every year.
Georgia ranks 20th and Low & middle income ranks 19th of 153 countries.
Georgia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.3% | 20.4% | 12.9% | Georgia |
| 2010s | 33.8% | 22.6% | 11.2% | Georgia |
| 2020s | 33.9% | 25.9% | 8.0% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Georgia or Low & middle income?
- Georgia, at 38.5% against 27.0% in Low & middle income as of 2024.
- What is the difference in taxes on income, profits and capital gains between Georgia and Low & middle income?
- 11.5%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Low & middle income?
- 16 years are reported by both, from 2008 to 2023.
- How do Georgia and Low & middle income rank globally for taxes on income, profits and capital gains?
- Georgia ranks 20th and Low & middle income ranks 19th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.