Taxes less subsidies on products (constant LCU), per unit of GDP in Georgia
Georgia: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.1931 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Georgia, 2003–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Georgia recorded 0.1931 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 4.1% on the previous year and down 49.3% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Georgia peaked at 0.8084 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.1931 constant LCU per US$ of GDP, in 2025.
Georgia ranks 116th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Georgia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.8084 constant LCU per US$ of GDP | — |
| 2004 | 0.6847 constant LCU per US$ of GDP | -15.3% |
| 2005 | 0.5531 constant LCU per US$ of GDP | -19.2% |
| 2006 | 0.4935 constant LCU per US$ of GDP | -10.8% |
| 2007 | 0.4416 constant LCU per US$ of GDP | -10.5% |
| 2008 | 0.3525 constant LCU per US$ of GDP | -20.2% |
| 2009 | 0.4103 constant LCU per US$ of GDP | +16.4% |
| 2010 | 0.3319 constant LCU per US$ of GDP | -19.1% |
| 2011 | 0.2799 constant LCU per US$ of GDP | -15.7% |
| 2012 | 0.2833 constant LCU per US$ of GDP | +1.2% |
| 2013 | 0.3067 constant LCU per US$ of GDP | +8.3% |
| 2014 | 0.3144 constant LCU per US$ of GDP | +2.5% |
| 2015 | 0.3812 constant LCU per US$ of GDP | +21.3% |
| 2016 | 0.3767 constant LCU per US$ of GDP | -1.2% |
| 2017 | 0.3606 constant LCU per US$ of GDP | -4.3% |
| 2018 | 0.3456 constant LCU per US$ of GDP | -4.2% |
| 2019 | 0.354 constant LCU per US$ of GDP | +2.4% |
| 2020 | 0.3278 constant LCU per US$ of GDP | -7.4% |
| 2021 | 0.2788 constant LCU per US$ of GDP | -15.0% |
| 2022 | 0.2504 constant LCU per US$ of GDP | -10.2% |
| 2023 | 0.212 constant LCU per US$ of GDP | -15.3% |
| 2024 | 0.2014 constant LCU per US$ of GDP | -5.0% |
| 2025 | 0.1931 constant LCU per US$ of GDP | -4.1% |
Georgia compared with similar countries
- Georgia's 0.1931 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 55% of the median. (54 countries reporting)
- Georgia's 0.1931 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 2.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5349 constant LCU per US$ of GDP | 0.3525 constant LCU per US$ of GDP | 0.8084 constant LCU per US$ of GDP | 7 |
| 2010s | 0.3334 constant LCU per US$ of GDP | 0.2799 constant LCU per US$ of GDP | 0.3812 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2439 constant LCU per US$ of GDP | 0.1931 constant LCU per US$ of GDP | 0.3278 constant LCU per US$ of GDP | 6 |
Countries ranked near Georgia
- 113 Belize 0.2066 constant LCU per US$ of GDP compare
- 114 Saudi Arabia 0.2018 constant LCU per US$ of GDP compare
- 115 Barbados 0.1994 constant LCU per US$ of GDP compare
- 117 Argentina 0.1924 constant LCU per US$ of GDP compare
- 118 Turkey 0.1731 constant LCU per US$ of GDP compare
- 119 Romania 0.1727 constant LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Georgia?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Georgia was 0.1931 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Georgia?
- The highest recorded value was 0.8084 constant LCU per US$ of GDP in 2003.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Georgia?
- The lowest recorded value was 0.1931 constant LCU per US$ of GDP in 2025.
- How does Georgia rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Georgia ranks 116th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Georgia?
- Over the last ten years it is down 49.3%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.