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Government Finance of Georgia

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

30.8% 10.2% 53.6%
  • Personal income taxes: 30.8%
  • Corporate income taxes: 10.2%
  • Property taxes: 3.3%
  • Goods and services taxes: 53.6%
  • Other taxes: 2.1%
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Personal income taxes
30.8%
Corporate income taxes
10.2%
Property taxes
3.3%
Goods and services taxes
53.6%
Other taxes
2.1%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 35.1% #138 / 184 2026
Government Gross Debt (Local currency - GEL) 40.3B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - GEL) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2.3% #76 / 189 2026
Fiscal Balance (Local currency - GEL) -2.67B - 2026
Primary Fiscal Balance (% of GDP) -0.7% #77 / 182 2026
Primary Fiscal Balance (Local currency - GEL) -774M - 2026

Revenue and Spending

Government Revenue (% of GDP) 26.6% #98 / 189 2026
Government Revenue (Local currency - GEL) 30.5B - 2026
Government Spending (% of GDP) 28.9% #106 / 189 2026
Government Spending (Local currency - GEL) 33.2B - 2026

International Reserves

Total Reserves (USD) 4.45B #99 / 163 2024

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