Georgia

Country profiles
Country profiles

Georgia

  • Corporate Tax Haven Index ranking: N/A
  • Financial Secrecy Index ranking: N/A
  • Tax loss each year to tax havens: $73,863,494
  • Tax loss inflicted on other countries: $202,466,701

Country profile

Tax abuse losses

$73,863,494

lost in tax every year to global tax abuse

$68,400,003

lost to tax avoidance committed by multinational corporations

$5,463,491

lost to tax evasion committed by private individuals

  • Equivalent to 1.71% tax revenue (tax revenue in 2020 : $4,308,726,601 trillion)
  • Equivalent to loss of $20 per member of population (Population: 3,724,549.19)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 1.48%

Global Rankings

Corporate Tax Haven Index 2019
#N/A

Global Rank (First is Worst)

N/A/100

Haven Score (100 is Worst)

N/A

Share of global tax havenry

Financial Secrecy Index 2020
#N/A

Global Rank (First is Worst)

N/A/100

Haven Score (100 is Worst)

N/A

Share of global tax secrecy

Harm to other countries

$202,466,701

in tax lost by other countries

$202,466,701

by enabling corporate tax avoidance

$0

by enabling private tax evasion

Responsible for 0.05% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
16,051 nurses

Social impact of lost tax

Tax loss equivalent to 18.83% of health budget
Tax loss equivalent to 14.10% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
14,601 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward FDI
Vulnerable Score for this channel is 60.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (17.2%)
United Kingdom (12.7%)
Turkey (7.8%)