Revenue, excluding grants in Georgia
Georgia: Revenue, excluding grants was 28.7% in 2024. ▲ Rising
Revenue, excluding grants in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Georgia recorded 28.7% for revenue, excluding grants in 2024. That is the highest value across all 30 years on record.
That represents a change of up 2.6% on the previous year and up 12.8% over ten years.
Over the whole period, revenue, excluding grants in Georgia peaked at 28.7% in 2024 and was at its lowest, 7.5%, in 1995.
That places Georgia 59th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Revenue, excluding grants in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 7.5% | — |
| 1996 | 10.4% | +38.2% |
| 1997 | 14.1% | +35.6% |
| 1998 | 13.5% | -4.2% |
| 1999 | 13.4% | -0.6% |
| 2000 | 14.3% | +6.6% |
| 2001 | 15.1% | +5.8% |
| 2002 | 14.7% | -2.7% |
| 2003 | 14.2% | -3.3% |
| 2004 | 21.2% | +49.0% |
| 2005 | 22.4% | +5.8% |
| 2006 | 24.5% | +9.2% |
| 2007 | 27.3% | +11.4% |
| 2008 | 26.1% | -4.3% |
| 2009 | 25.6% | -2.1% |
| 2010 | 22.7% | -11.1% |
| 2011 | 23.9% | +5.2% |
| 2012 | 24.6% | +3.0% |
| 2013 | 25.5% | +3.5% |
| 2014 | 25.5% | -0.0% |
| 2015 | 27.2% | +6.7% |
| 2016 | 27.8% | +2.5% |
| 2017 | 28.0% | +0.7% |
| 2018 | 25.4% | -9.4% |
| 2019 | 26.1% | +2.7% |
| 2020 | 24.6% | -5.7% |
| 2021 | 24.9% | +1.0% |
| 2022 | 26.5% | +6.6% |
| 2023 | 28.0% | +5.6% |
| 2024 | 28.7% | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.8% | 7.5% | 14.1% | 5 |
| 2000s | 20.5% | 14.2% | 27.3% | 10 |
| 2010s | 25.7% | 22.7% | 28.0% | 10 |
| 2020s | 26.5% | 24.6% | 28.7% | 5 |
Countries ranked near Georgia
- 56 Republic of Moldova 29.4% compare
- 57 South Africa 29.4% compare
- 58 Germany 29.4% compare
- 60 Saint Kitts and Nevis 28.5% compare
- 61 Belarus 28.1% compare
- 62 Botswana 28.1% compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 12.86 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.94 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 18,787 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 8.63 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5279 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,116 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 13.19 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8454 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Georgia?
- Revenue, excluding grants in Georgia was 28.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Georgia?
- The highest recorded value was 28.7% in 2024.
- What is the lowest revenue, excluding grants recorded in Georgia?
- The lowest recorded value was 7.5% in 1995.
- How does Georgia rank for revenue, excluding grants?
- Georgia ranks 59th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Georgia?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.