Taxes less subsidies on products (current US$), annual growth rate in Georgia
Georgia: Taxes less subsidies on products (current US$), annual growth rate was 5.8 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Georgia, 1988–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Georgia stood at 5.8 % change on previous year.
That represents a change of down 43.2% on the previous year and up 135.0% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Georgia peaked at 132.64 % change on previous year in 1997 and was at its lowest, -91.46 % change on previous year, in 1992.
That places Georgia 129th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1988 | 16.9 % change on previous year | — |
| 1989 | 13.32 % change on previous year | -21.2% |
| 1990 | -39.39 % change on previous year | -395.8% |
| 1991 | 12.1 % change on previous year | -130.7% |
| 1992 | -91.46 % change on previous year | -855.6% |
| 1997 | 132.64 % change on previous year | -245.0% |
| 1998 | -16.72 % change on previous year | -112.6% |
| 1999 | -6.62 % change on previous year | -60.4% |
| 2000 | 14.9 % change on previous year | -325.0% |
| 2001 | 13.33 % change on previous year | -10.5% |
| 2002 | 7.28 % change on previous year | -45.4% |
| 2003 | 7.87 % change on previous year | +8.1% |
| 2004 | 78.95 % change on previous year | +903.5% |
| 2005 | 69.29 % change on previous year | -12.2% |
| 2006 | 32.78 % change on previous year | -52.7% |
| 2007 | 45.7 % change on previous year | +39.4% |
| 2008 | 20.06 % change on previous year | -56.1% |
| 2009 | -14.72 % change on previous year | -173.4% |
| 2010 | 0.493 % change on previous year | -103.3% |
| 2011 | 19.83 % change on previous year | +3923.1% |
| 2012 | 6.81 % change on previous year | -65.6% |
| 2013 | 2.49 % change on previous year | -63.4% |
| 2014 | 7.08 % change on previous year | +184.2% |
| 2015 | -16.59 % change on previous year | -334.2% |
| 2016 | 9.23 % change on previous year | -155.6% |
| 2017 | 18.28 % change on previous year | +98.2% |
| 2018 | 6.24 % change on previous year | -65.9% |
| 2019 | -6.16 % change on previous year | -198.8% |
| 2020 | -8.02 % change on previous year | +30.2% |
| 2021 | 20.37 % change on previous year | -353.8% |
| 2022 | 32.34 % change on previous year | +58.8% |
| 2023 | 23.75 % change on previous year | -26.5% |
| 2024 | 10.22 % change on previous year | -57.0% |
| 2025 | 5.8 % change on previous year | -43.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.11 % change on previous year | 13.32 % change on previous year | 16.9 % change on previous year | 2 |
| 1990s | -1.58 % change on previous year | -91.46 % change on previous year | 132.64 % change on previous year | 6 |
| 2000s | 27.54 % change on previous year | -14.72 % change on previous year | 78.95 % change on previous year | 10 |
| 2010s | 4.77 % change on previous year | -16.59 % change on previous year | 19.83 % change on previous year | 10 |
| 2020s | 14.08 % change on previous year | -8.02 % change on previous year | 32.34 % change on previous year | 6 |
Countries ranked near Georgia
- 126 Viet Nam 6.22 % change on previous year compare
- 127 Cyprus 6.22 % change on previous year compare
- 128 Iceland 5.83 % change on previous year compare
- 130 Peru 5.75 % change on previous year compare
- 131 Barbados 5.51 % change on previous year compare
- 132 Uruguay 5.25 % change on previous year 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)
- Exports of goods and services (current LCU), annual growth rate 11.48 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.3 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,599 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.02 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3031 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -0.4676 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1902 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Georgia?
- Taxes less subsidies on products (current us$), annual growth rate in Georgia was 5.8 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Georgia?
- The highest recorded value was 132.64 % change on previous year in 1997.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Georgia?
- The lowest recorded value was -91.46 % change on previous year in 1992.
- How does Georgia rank for taxes less subsidies on products (current us$), annual growth rate?
- Georgia ranks 129th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Georgia?
- Over the last ten years it is up 135.0%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.