Fiscal Expenditure in Georgia increased to 1193.20 GEL Million in September from 908.30 GEL Million in August of 2020. source: National Statistics Office of Georgia

Fiscal Expenditure in Georgia averaged 589.98 GEL Million from 2006 until 2020, reaching an all time high of 1377 GEL Million in December of 2018 and a record low of 132 GEL Million in January of 2006. This page provides - Georgia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Fiscal Expenditure - values, historical data and charts - was last updated on November of 2020.

Fiscal Expenditure in Georgia is expected to be 744.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Georgia to stand at 744.00 in 12 months time. In the long-term, the Georgia Fiscal Expenditure is projected to trend around 744.00 GEL Million in 2021, according to our econometric models.

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Georgia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1193.20 908.30 1377.00 132.00 2006 - 2020 GEL Million Monthly

Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 43.00 44.20 44.40 21.55 percent [+]
Government Budget -2.30 -3.20 4.50 -6.70 percent of GDP [+]
Government Spending 1514.90 1524.90 2018.50 41.10 GEL Million [+]
Government Revenues 859.80 820.90 1138.40 148.50 GEL Million [+]
Fiscal Expenditure 1193.20 908.30 1377.00 132.00 GEL Million [+]
Credit Rating 45.00 [+]
Military Expenditure 312.00 308.00 927.00 33.70 USD Million [+]
Government Budget Value -345.40 -120.80 387.20 -345.40 GEL Million [+]

Georgia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.