Government Budget in Georgia decreased to -3.40 percent of GDP in 2019 from -2.60 percent of GDP in 2018. source: National Bank of Georgia

Government Budget in Georgia averaged -2.30 percent of GDP from 2000 until 2019, 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. This page provides - Georgia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget - values, historical data and charts - was last updated on February of 2021.

Government Budget in Georgia is expected to reach -3.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Budget is projected to trend around -3.10 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Georgia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -2.60 4.50 -6.70 2000 - 2019 percent of GDP Yearly

Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.20 43.00 44.40 21.55 percent [+]
Government Budget -3.40 -2.60 4.50 -6.70 percent of GDP [+]
Government Spending 1741.80 1514.90 2018.50 41.10 GEL Million [+]
Government Revenues 1066.90 1141.60 1141.60 148.50 GEL Million [+]
Fiscal Expenditure 1013.10 1633.50 1633.50 132.00 GEL Million [+]
Military Expenditure 312.00 308.00 927.00 33.70 USD Million [+]
Credit Rating 45.00 [+]
Government Budget Value -87.00 -907.90 387.20 -907.90 GEL Million [+]


Georgia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.