Georgia: Income and profits taxes

The latest value from 2022 is 35.58 percent, an increase from 31.02 percent in 2021. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for Georgia from 1995 to 2022 is 28.34 percent. The minimum value, 18.49 percent, was reached in 2005 while the maximum of 36.66 percent was recorded in 2011. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.