Taxes on goods and services in Georgia
Georgia: Taxes on goods and services was 15.8% in 2024. ▲ Rising
Taxes on goods and services in Georgia, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Georgia is 15.8%, measured in 2024.
That represents a change of down 1.0% on the previous year and down 3.4% over ten years.
Over the whole period, taxes on goods and services in Georgia peaked at 18.2% in 2007 and was at its lowest, 6.3%, in 1996.
Georgia ranks 24th of 154 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes on goods and services in Georgia, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1996 | 6.3% | — |
| 1997 | 9.3% | +48.6% |
| 1998 | 7.6% | -17.9% |
| 1999 | 9.7% | +26.7% |
| 2000 | 9.1% | -6.3% |
| 2001 | 9.7% | +7.2% |
| 2002 | 10.0% | +3.1% |
| 2003 | 9.1% | -9.6% |
| 2004 | 11.9% | +31.6% |
| 2005 | 14.9% | +24.7% |
| 2006 | 15.8% | +6.4% |
| 2007 | 18.2% | +14.9% |
| 2008 | 17.0% | -6.3% |
| 2009 | 17.4% | +2.4% |
| 2010 | 15.7% | -9.7% |
| 2011 | 16.5% | +4.9% |
| 2012 | 16.5% | +0.0% |
| 2013 | 15.4% | -7.0% |
| 2014 | 16.3% | +6.3% |
| 2015 | 15.8% | -3.2% |
| 2016 | 14.9% | -5.5% |
| 2017 | 16.9% | +13.5% |
| 2018 | 16.4% | -3.3% |
| 2019 | 16.9% | +3.3% |
| 2020 | 15.6% | -7.6% |
| 2021 | 16.6% | +6.1% |
| 2022 | 16.1% | -2.9% |
| 2023 | 15.9% | -1.2% |
| 2024 | 15.8% | -1.0% |
Georgia compared with similar countries
- Georgia's 15.8% is above the median for upper middle income countries, which is 9.8%, 1.6× the median. (48 countries reporting)
- Georgia's 15.8% is above the median for Europe & Central Asia, which is 13.0%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.2% | 6.3% | 9.7% | 4 |
| 2000s | 13.3% | 9.1% | 18.2% | 10 |
| 2010s | 16.1% | 14.9% | 16.9% | 10 |
| 2020s | 16.0% | 15.6% | 16.6% | 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 15.8% 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 18.2% in 2007.
- What is the lowest taxes on goods and services recorded in Georgia?
- The lowest recorded value was 6.3% in 1996.
- How does Georgia rank for taxes on goods and services?
- Georgia ranks 24th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Georgia?
- Over the last ten years it is down 3.4%. 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 (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 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 as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.