Taxes on goods and services (current LCU), per unit of GDP in Georgia
Georgia: Taxes on goods and services (current LCU), per unit of GDP was 0.3502 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Georgia, 1995–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Georgia recorded 0.3502 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 3.3% on the previous year and up 53.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Georgia peaked at 0.4266 current LCU per US$ of GDP in 2021 and was at its lowest, 0.0228 current LCU per US$ of GDP, in 1995.
That places Georgia 94th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Georgia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0228 current LCU per US$ of GDP | — |
| 1996 | 0.0504 current LCU per US$ of GDP | +121.6% |
| 1997 | 0.081 current LCU per US$ of GDP | +60.5% |
| 1998 | 0.0742 current LCU per US$ of GDP | -8.4% |
| 1999 | 0.1381 current LCU per US$ of GDP | +86.3% |
| 2000 | 0.1332 current LCU per US$ of GDP | -3.5% |
| 2001 | 0.1482 current LCU per US$ of GDP | +11.3% |
| 2002 | 0.1655 current LCU per US$ of GDP | +11.6% |
| 2003 | 0.1469 current LCU per US$ of GDP | -11.2% |
| 2004 | 0.1736 current LCU per US$ of GDP | +18.1% |
| 2005 | 0.2019 current LCU per US$ of GDP | +16.3% |
| 2006 | 0.2168 current LCU per US$ of GDP | +7.4% |
| 2007 | 0.2361 current LCU per US$ of GDP | +8.9% |
| 2008 | 0.2022 current LCU per US$ of GDP | -14.4% |
| 2009 | 0.2317 current LCU per US$ of GDP | +14.6% |
| 2010 | 0.2224 current LCU per US$ of GDP | -4.0% |
| 2011 | 0.2197 current LCU per US$ of GDP | -1.2% |
| 2012 | 0.219 current LCU per US$ of GDP | -0.3% |
| 2013 | 0.2038 current LCU per US$ of GDP | -6.9% |
| 2014 | 0.2287 current LCU per US$ of GDP | +12.2% |
| 2015 | 0.2875 current LCU per US$ of GDP | +25.7% |
| 2016 | 0.282 current LCU per US$ of GDP | -1.9% |
| 2017 | 0.3383 current LCU per US$ of GDP | +20.0% |
| 2018 | 0.3291 current LCU per US$ of GDP | -2.7% |
| 2019 | 0.3824 current LCU per US$ of GDP | +16.2% |
| 2020 | 0.3843 current LCU per US$ of GDP | +0.5% |
| 2021 | 0.4266 current LCU per US$ of GDP | +11.0% |
| 2022 | 0.378 current LCU per US$ of GDP | -11.4% |
| 2023 | 0.339 current LCU per US$ of GDP | -10.3% |
| 2024 | 0.3502 current LCU per US$ of GDP | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0733 current LCU per US$ of GDP | 0.0228 current LCU per US$ of GDP | 0.1381 current LCU per US$ of GDP | 5 |
| 2000s | 0.1856 current LCU per US$ of GDP | 0.1332 current LCU per US$ of GDP | 0.2361 current LCU per US$ of GDP | 10 |
| 2010s | 0.2713 current LCU per US$ of GDP | 0.2038 current LCU per US$ of GDP | 0.3824 current LCU per US$ of GDP | 10 |
| 2020s | 0.3756 current LCU per US$ of GDP | 0.339 current LCU per US$ of GDP | 0.4266 current LCU per US$ of GDP | 5 |
Countries ranked near Georgia
- 91 Samoa 0.4396 current LCU per US$ of GDP compare
- 92 Egypt 0.4268 current LCU per US$ of GDP compare
- 93 Israel 0.3908 current LCU per US$ of GDP compare
- 95 Trinidad and Tobago 0.3417 current LCU per US$ of GDP compare
- 96 Tonga 0.3309 current LCU per US$ of GDP compare
- 97 Saint Vincent and the Grenadines 0.3147 current LCU per US$ of GDP compare
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 17.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 161.54 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.018 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.14 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 615.86 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Georgia?
- Taxes on goods and services (current lcu), per unit of gdp in Georgia was 0.3502 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Georgia?
- The highest recorded value was 0.4266 current LCU per US$ of GDP in 2021.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Georgia?
- The lowest recorded value was 0.0228 current LCU per US$ of GDP in 1995.
- How does Georgia rank for taxes on goods and services (current lcu), per unit of gdp?
- Georgia ranks 94th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Georgia?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.