Georgia recorded a government budget surplus of 176 GEL Million in September of 2019. Government Budget Value in Georgia averaged 23.57 GEL Million from 2006 until 2019, reaching an all time high of 387.20 GEL Million in November of 2008 and a record low of -319.40 GEL Million in December of 2017.
Government Budget Value in Georgia is expected to be 192.50 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Georgia to stand at 192.50 in 12 months time. In the long-term, the Georgia Government Budget Value is projected to trend around 169.30 GEL Million in 2020, according to our econometric models.