Taxes on goods and services (current LCU) in Georgia
Georgia: Taxes on goods and services (current LCU) was 11.97 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Georgia is 11.97 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 14.8% on the previous year and up 191.4% over ten years.
Over the whole period, taxes on goods and services in Georgia peaked at 11.97 billion current LCU in 2024 and was at its lowest, 61.30 million current LCU, in 1995.
Georgia ranks 113th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Georgia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 61.30 million current LCU | — |
| 1996 | 156.10 million current LCU | +154.6% |
| 1997 | 284.20 million current LCU | +82.1% |
| 1998 | 268.00 million current LCU | -5.7% |
| 1999 | 386.80 million current LCU | +44.3% |
| 2000 | 407.40 million current LCU | +5.3% |
| 2001 | 477.26 million current LCU | +17.1% |
| 2002 | 561.90 million current LCU | +17.7% |
| 2003 | 586.50 million current LCU | +4.4% |
| 2004 | 889.60 million current LCU | +51.7% |
| 2005 | 1.29 billion current LCU | +45.5% |
| 2006 | 1.68 billion current LCU | +29.7% |
| 2007 | 2.40 billion current LCU | +43.1% |
| 2008 | 2.59 billion current LCU | +7.7% |
| 2009 | 2.49 billion current LCU | -3.6% |
| 2010 | 2.76 billion current LCU | +10.8% |
| 2011 | 3.40 billion current LCU | +23.0% |
| 2012 | 3.70 billion current LCU | +8.8% |
| 2013 | 3.57 billion current LCU | -3.5% |
| 2014 | 4.11 billion current LCU | +15.1% |
| 2015 | 4.38 billion current LCU | +6.5% |
| 2016 | 4.36 billion current LCU | -0.5% |
| 2017 | 5.57 billion current LCU | +27.9% |
| 2018 | 5.89 billion current LCU | +5.7% |
| 2019 | 6.75 billion current LCU | +14.5% |
| 2020 | 6.15 billion current LCU | -8.8% |
| 2021 | 8.04 billion current LCU | +30.7% |
| 2022 | 9.44 billion current LCU | +17.4% |
| 2023 | 10.43 billion current LCU | +10.5% |
| 2024 | 11.97 billion current LCU | +14.8% |
Georgia compared with similar countries
- Georgia's 11.97 billion current LCU is below the median for upper middle income countries, which is 103.35 billion current LCU, 12% of the median. (48 countries reporting)
- Georgia's 11.97 billion current LCU is below the median for Europe & Central Asia, which is 85.71 billion current LCU, 14% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +154.6% | 61.30 million current LCU | 156.10 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 231.28 million current LCU | 61.30 million current LCU | 386.80 million current LCU | 5 |
| 2000s | 1.34 billion current LCU | 407.40 million current LCU | 2.59 billion current LCU | 10 |
| 2010s | 4.45 billion current LCU | 2.76 billion current LCU | 6.75 billion current LCU | 10 |
| 2020s | 9.21 billion current LCU | 6.15 billion current LCU | 11.97 billion current LCU | 5 |
Countries ranked near Georgia
- 110 Bolivia 13.21 billion current LCU compare
- 111 United Arab Emirates 13.12 billion current LCU compare
- 112 Tajikistan 12.49 billion current LCU compare
- 114 Azerbaijan 10.97 billion current LCU compare
- 115 Botswana 10.79 billion current LCU compare
- 116 Bhutan 9.84 billion current LCU compare
More public sector data for Georgia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Georgia?
- Taxes on goods and services in Georgia was 11.97 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Georgia?
- The highest recorded value was 11.97 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Georgia?
- The lowest recorded value was 61.30 million current LCU in 1995.
- How does Georgia rank for taxes on goods and services?
- Georgia ranks 113th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Georgia?
- Over the last ten years it is up 191.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.