Taxes on income, profits and capital gains in Georgia
Georgia: Taxes on income, profits and capital gains was 10.37 billion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on income, profits and capital gains in Georgia stood at 10.37 billion current LCU. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 28.2% on the previous year and up 274.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Georgia peaked at 10.37 billion current LCU in 2024 and was at its lowest, 49.50 million current LCU, in 1995.
Georgia ranks 108th of 153 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 income, profits and capital gains in Georgia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 49.50 million current LCU | — |
| 1996 | 77.10 million current LCU | +55.8% |
| 1997 | 115.90 million current LCU | +50.3% |
| 1998 | 139.50 million current LCU | +20.4% |
| 1999 | 160.40 million current LCU | +15.0% |
| 2000 | 188.50 million current LCU | +17.5% |
| 2001 | 202.30 million current LCU | +7.3% |
| 2002 | 225.20 million current LCU | +11.3% |
| 2003 | 254.10 million current LCU | +12.8% |
| 2004 | 430.30 million current LCU | +69.3% |
| 2005 | 501.00 million current LCU | +16.4% |
| 2006 | 727.10 million current LCU | +45.1% |
| 2007 | 1.08 billion current LCU | +48.7% |
| 2008 | 1.89 billion current LCU | +74.6% |
| 2009 | 1.64 billion current LCU | -13.3% |
| 2010 | 1.78 billion current LCU | +8.6% |
| 2011 | 2.38 billion current LCU | +34.0% |
| 2012 | 2.62 billion current LCU | +9.8% |
| 2013 | 2.74 billion current LCU | +4.8% |
| 2014 | 2.77 billion current LCU | +1.0% |
| 2015 | 3.25 billion current LCU | +17.4% |
| 2016 | 3.47 billion current LCU | +6.8% |
| 2017 | 3.68 billion current LCU | +5.9% |
| 2018 | 3.98 billion current LCU | +8.4% |
| 2019 | 4.35 billion current LCU | +9.2% |
| 2020 | 4.25 billion current LCU | -2.4% |
| 2021 | 4.79 billion current LCU | +12.8% |
| 2022 | 6.96 billion current LCU | +45.4% |
| 2023 | 8.09 billion current LCU | +16.2% |
| 2024 | 10.37 billion current LCU | +28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 108.48 million current LCU | 49.50 million current LCU | 160.40 million current LCU | 5 |
| 2000s | 713.50 million current LCU | 188.50 million current LCU | 1.89 billion current LCU | 10 |
| 2010s | 3.10 billion current LCU | 1.78 billion current LCU | 4.35 billion current LCU | 10 |
| 2020s | 6.89 billion current LCU | 4.25 billion current LCU | 10.37 billion current LCU | 5 |
Countries ranked near Georgia
- 105 Bhutan 10.94 billion current LCU compare
- 106 Macau, China 10.81 billion current LCU compare
- 107 Slovakia 10.42 billion current LCU compare
- 109 Trinidad and Tobago 10.04 billion current LCU compare
- 110 Cape Verde 9.96 billion current LCU compare
- 111 Azerbaijan 8.63 billion current LCU 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 income, profits and capital gains in Georgia?
- Taxes on income, profits and capital gains in Georgia was 10.37 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Georgia?
- The highest recorded value was 10.37 billion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Georgia?
- The lowest recorded value was 49.50 million current LCU in 1995.
- How does Georgia rank for taxes on income, profits and capital gains?
- Georgia ranks 108th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Georgia?
- Over the last ten years it is up 274.6%. 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.