Taxes on goods and services in Georgia
Georgia: Taxes on goods and services was 44.5% in 2024. ▲ Rising
Taxes on goods and services in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on goods and services in Georgia stood at 44.5%.
That represents a change of down 2.6% on the previous year and down 9.5% over ten years.
Over the whole period, taxes on goods and services in Georgia peaked at 52.3% in 2011 and was at its lowest, 24.2%, in 1995.
Georgia ranks 22nd of 156 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes on goods and services in Georgia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 24.2% | — |
| 1996 | 33.0% | +36.5% |
| 1997 | 42.7% | +29.4% |
| 1998 | 37.9% | -11.3% |
| 1999 | 47.8% | +26.3% |
| 2000 | 46.4% | -2.9% |
| 2001 | 45.2% | -2.7% |
| 2002 | 50.2% | +11.1% |
| 2003 | 46.3% | -7.7% |
| 2004 | 39.7% | -14.3% |
| 2005 | 47.8% | +20.3% |
| 2006 | 47.0% | -1.5% |
| 2007 | 49.6% | +5.4% |
| 2008 | 46.2% | -6.8% |
| 2009 | 50.1% | +8.3% |
| 2010 | 50.2% | +0.3% |
| 2011 | 52.3% | +4.1% |
| 2012 | 51.5% | -1.6% |
| 2013 | 46.6% | -9.4% |
| 2014 | 49.2% | +5.5% |
| 2015 | 45.1% | -8.2% |
| 2016 | 41.6% | -7.8% |
| 2017 | 46.9% | +12.8% |
| 2018 | 49.6% | +5.7% |
| 2019 | 50.3% | +1.4% |
| 2020 | 48.6% | -3.4% |
| 2021 | 52.1% | +7.2% |
| 2022 | 48.2% | -7.4% |
| 2023 | 45.7% | -5.3% |
| 2024 | 44.5% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.1% | 24.2% | 47.8% | 5 |
| 2000s | 46.8% | 39.7% | 50.2% | 10 |
| 2010s | 48.3% | 41.6% | 52.3% | 10 |
| 2020s | 47.8% | 44.5% | 52.1% | 5 |
Countries ranked near Georgia
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 in Georgia?
- Taxes on goods and services in Georgia was 44.5% 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 52.3% in 2011.
- What is the lowest taxes on goods and services recorded in Georgia?
- The lowest recorded value was 24.2% in 1995.
- How does Georgia rank for taxes on goods and services?
- Georgia ranks 22nd out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Georgia?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
- 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 (% of revenue). Statizoid updates them automatically from the source API.
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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.