Georgia: Commercial tax rate

* indicates monthly or quarterly data series
 Georgia

Tax rate, percent of commercial profits

 Latest value 9.90
 Year 2019
 Measure percent
 Data availability 2005 - 2019
 Average 22.55
 Min - Max 9.90 - 57.00
 Source The World Bank (doing business survey)
For that indicator, we provide data for Georgia from 2005 to 2019. The average value for Georgia during that period was 22.55 percent with a minimum of 9.9 percent in 2018 and a maximum of 57 percent in 2005. The latest value from 2019 is 9.9 percent. For comparison, the world average in 2019 based on 184 countries is 40.53 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Georgia - Commercial tax rate - Recent values chart

Historical chart
Georgia - Commercial tax rate - historical chart - 2005-2019




Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 12.48 2022 percent
 Government spending, in dollars 3.09 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.00 2022 percent
 Government debt 40.50 2023 percent
 Government expenditure 2.59 Q3/2023 billion
 Tax revenue 23.09 2022 percent
 Commercial tax rate 9.90 2019 percent
 Tax preparation time 216 2019 hours
 Number of taxes 5 2019 taxes
 Taxes on goods and services 48.24 2022 percent
 Taxes on international trade 0.64 2022 percent
 Income and profits taxes 35.58 2022 percent
 Foreign aid 767.64 2021 million U.S. dollars
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