Georgia's taxes less subsidies on products (current LCU) was 12.84 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 229.06% from 3.9 billion in 2015 (12.65% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.84 billion | 2025 |
| Five years earlier | 6.34 billion | 2020 |
| Ten years earlier | 3.9 billion | 2015 |
| Highest | 12.84 billion | 2025 |
| Lowest | 800 | 1980 |
| Average since 2016 | 8.14 billion | 2016–2025 |
| First recorded | 800 |
What the numbers say
In 2025, Georgia's taxes less subsidies on products (current LCU) rose 6.6% on 2024 (from 12.04 billion to 12.84 billion).
Across the 30 yearly changes before that (1991 to 2024), the average change was +22.3% and a typical year strayed about 29.6% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 141.5% in 1997 and the biggest yearly fall was 27.3% in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 938.87 million a year. A straight line explains 95% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Georgia had the 110th highest value of the 150 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Georgia in the 2025 ranking
- Bulgaria — 107th of 150: 15.08 billion
- Slovak Republic — 108th of 150: 14.35 billion
- Gambia, The — 109th of 150: 13.49 billion
- Azerbaijan — 111th of 150: 12.4 billion
- Ecuador — 112th of 150: 9.98 billion
- Bosnia and Herzegovina — 113th of 150: 9.28 billion
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.
All 43 values
| Year | Taxes less subsidies on products (current LCU) |
|---|---|
| 2025 | 12,841,608,400 |
| 2024 | 12,042,850,100 |
| 2023 | 10,553,853,500 |
| 2022 | 9,463,507,700 |
| 2021 | 7,898,085,600 |
| 2020 | 6,335,091,700 |
| 2019 | 6,244,300,400 |
| 2018 | 5,982,345,500 |
| 2017 | 5,575,699,100 |
| 2016 | 4,445,529,100 |
Taxes less subsidies on products (current LCU) in nearby economies
- Albania — 362.03 billion (2025)
- Andorra — 356.04 million (2025)
- Armenia — 1.2 trillion (2025)
- Austria — 54.92 billion (2025)
- Azerbaijan — 12.4 billion (2025)
- Belarus — 33.07 billion (2025)
- Belgium — 60.55 billion (2025)
- Bosnia and Herzegovina — 9.28 billion (2025)
- Bulgaria — 15.08 billion (2025)
- Croatia
More economic policy & debt data for Georgia
- GDP (current LCU) — 104.6 billion (2025)
- GDP (constant 2015 US$) — US$27.07 billion (2025)
- GDP (constant LCU) — 72.71 billion (2025)
- GDP per capita (current LCU) — 26,576 (2025)
- GDP per capita (constant 2015 US$) — US$6,877 (2025)
- GDP per capita (constant LCU) — 18,474 (2025)
- GDP (annual % growth) — 7.46% (2025)
- GDP per capita (annual % growth) — 4.1% (2025)
- Adjusted savings, education expenditure (% of GNI) — 1.76% (2021)
- Adjusted savings, mineral depletion (current US$) — US$184.49 million (2021)
- Adjusted savings, energy depletion (current US$)
Reading data like this
Questions people ask
- What is Georgia's taxes less subsidies on products (current LCU)?
- 12.84 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 1.61 billion% from 800 in 1980 (44.58% a year on average, compounded). The highest value was 12.84 billion in 2025 and the lowest 800 in 1980.
- How does Georgia rank?
- 110th highest of 150 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (current LCU) unusual for Georgia?
- In 2025, Georgia's taxes less subsidies on products (current LCU) rose 6.6% on 2024 (from 12.04 billion to 12.84 billion). Across the 30 yearly changes before that (1991 to 2024), the average change was +22.3% and a typical year strayed about 29.6% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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