Taxes on income, profits and capital gains in Georgia
Georgia: Taxes on income, profits and capital gains was 45.9% in 2024. ▲ Rising
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 % of total taxes.
Analysis
Georgia recorded 45.9% for taxes on income, profits and capital gains in 2024. That is the highest value across all 30 years on record.
The figure is up 8.4% on the previous year and up 16.1% over ten years.
Over the whole period, taxes on income, profits and capital gains in Georgia peaked at 45.9% in 2024 and was at its lowest, 24.0%, in 1997.
Georgia ranks 44th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes on income, profits and capital gains in Georgia, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1995 | 37.6% | — |
| 1996 | 25.3% | -32.7% |
| 1997 | 24.0% | -5.3% |
| 1998 | 27.7% | +15.8% |
| 1999 | 25.3% | -8.8% |
| 2000 | 27.4% | +8.2% |
| 2001 | 25.7% | -6.1% |
| 2002 | 26.0% | +1.2% |
| 2003 | 27.2% | +4.5% |
| 2004 | 29.0% | +6.8% |
| 2005 | 26.1% | -10.1% |
| 2006 | 28.4% | +8.9% |
| 2007 | 30.4% | +7.0% |
| 2008 | 40.9% | +34.6% |
| 2009 | 38.7% | -5.3% |
| 2010 | 38.0% | -1.8% |
| 2011 | 40.3% | +6.0% |
| 2012 | 40.6% | +0.8% |
| 2013 | 42.6% | +5.0% |
| 2014 | 39.6% | -7.2% |
| 2015 | 42.1% | +6.4% |
| 2016 | 41.2% | -2.1% |
| 2017 | 38.6% | -6.2% |
| 2018 | 39.8% | +3.1% |
| 2019 | 38.2% | -4.1% |
| 2020 | 40.3% | +5.4% |
| 2021 | 36.7% | -8.7% |
| 2022 | 41.7% | +13.6% |
| 2023 | 42.4% | +1.5% |
| 2024 | 45.9% | +8.4% |
Georgia compared with similar countries
- Georgia's 45.9% is above the median for upper middle income countries, which is 37.1%, 1.2× the median. (48 countries reporting)
- Georgia's 45.9% is above the median for Europe & Central Asia, which is 39.4%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.0% | 24.0% | 37.6% | 5 |
| 2000s | 30.0% | 25.7% | 40.9% | 10 |
| 2010s | 40.1% | 38.0% | 42.6% | 10 |
| 2020s | 41.4% | 36.7% | 45.9% | 5 |
Countries ranked near Georgia
More public sector data for Georgia
- Democracy, 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)
- Elected parliament, 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)
- 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 income, profits and capital gains in Georgia?
- Taxes on income, profits and capital gains in Georgia was 45.9% 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 45.9% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Georgia?
- The lowest recorded value was 24.0% in 1997.
- How does Georgia rank for taxes on income, profits and capital gains?
- Georgia ranks 44th 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 16.1%. 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 income, profits and capital gains (% of total taxes). 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 as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.