Georgia—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #16 of 139
Latest Value
44.5%
2024
YoY Change
-2.6%
2023 → 2024
Global Rank
#16
of 139 countries
Maximum
52.3%
2011
Minimum
39.7%
2004
CAGR
-0.2%
25 years
Last
44.5%
Previous
45.7%
Highest
52.3%
Lowest
39.7%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 44.5% | -2.6% |
| 2023 | 45.7% | -5.3% |
| 2022 | 48.2% | -7.3% |
| 2021 | 52.1% | +7.2% |
| 2020 | 48.6% | -3.4% |
| 2019 | 50.3% | +1.4% |
| 2018 | 49.6% | +5.7% |
| 2017 | 46.9% | +12.8% |
| 2016 | 41.6% | -7.8% |
| 2015 | 45.1% | -8.2% |
| 2014 | 49.2% | +5.5% |
| 2013 | 46.6% | -9.4% |
| 2012 | 51.5% | -1.6% |
| 2011 | 52.3% | +4.1% |
| 2010 | 50.2% | +0.3% |
| 2009 | 50.1% | +8.3% |
| 2008 | 46.2% | -6.8% |
| 2007 | 49.6% | +5.4% |
| 2006 | 47.0% | -1.5% |
| 2005 | 47.8% | +20.3% |
| 2004 | 39.7% | -14.3% |
| 2003 | 46.3% | -7.7% |
| 2002 | 50.2% | +11.1% |
| 2001 | 45.2% | -2.7% |
| 2000 | 46.4% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →