Georgia recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Georgia averaged -2.21 percent of GDP from 2000 until 2018, reaching an all time high of 4.50 percent of GDP in 2006 and a record low of -6.70 percent of GDP in 2009.
Government Budget in Georgia is expected to be -3.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Budget is projected to trend around -3.20 percent of GDP in 2020, according to our econometric models.