Taxes on income, profits and capital gains (current LCU) in Georgia
Georgia: Taxes on income, profits and capital gains (current LCU) 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 (current LCU) 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% |
Georgia compared with similar countries
- Georgia's 10.37 billion current LCU is below the median for upper middle income countries, which is 135.99 billion current LCU, 8% of the median. (48 countries reporting)
- Georgia's 10.37 billion current LCU is below the median for Europe & Central Asia, which is 68.60 billion current LCU, 15% of the median. (48 countries reporting)
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 Macao 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
- 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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 15.00 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)
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.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.