Georgia - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Georgia was 10,545,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 11,385,900,000 in 2019 and a minimum value of 131,700,000 in 1995.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1995 131,700,000
1996 304,700,000
1997 483,900,000
1998 503,000,000
1999 634,400,000
2000 689,000,000
2001 787,844,000
2002 866,500,000
2003 935,400,000
2004 1,483,700,000
2005 1,922,400,000
2006 2,560,800,000
2007 3,561,100,000
2008 4,620,800,000
2009 4,228,400,000
2010 4,675,800,000
2011 5,914,400,000
2012 6,441,000,000
2013 6,428,600,000
2014 6,995,700,000
2015 7,720,700,000
2016 8,422,700,000
2017 9,513,800,000
2018 10,004,000,000
2019 11,385,900,000
2020 10,545,700,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Georgia was 21.41 as of 2020. Its highest value over the past 25 years was 24.22 in 2008, while its lowest value was 5.41 in 1995.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 5.41
1996 7.88
1997 10.62
1998 10.02
1999 11.19
2000 11.40
2001 11.80
2002 11.62
2003 10.92
2004 15.10
2005 16.54
2006 18.57
2007 20.96
2008 24.22
2009 23.51
2010 21.43
2011 23.21
2012 23.66
2013 22.48
2014 22.48
2015 22.75
2016 23.50
2017 23.34
2018 22.43
2019 23.12
2020 21.41

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance