Government Spending in Georgia increased to 2018.50 GEL Million in the fourth quarter of 2018 from 1605 GEL Million in the third quarter of 2018. Government Spending in Georgia averaged 774.21 GEL Million from 1996 until 2018, reaching an all time high of 2018.50 GEL Million in the fourth quarter of 2018 and a record low of 41.10 GEL Million in the first quarter of 1996.

Government Spending in Georgia is expected to be 1555.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Georgia to stand at 1677.00 in 12 months time. In the long-term, the Georgia Government Spending is projected to trend around 1828.00 GEL Million in 2020, according to our econometric models.

Georgia Government Spending
width
height
Forecast Data Chart
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.


Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 43.00 44.20 44.40 21.55 percent [+]
Government Budget -3.20 -4.00 4.50 -6.70 percent of GDP [+]
Government Spending 2018.50 1605.00 2018.50 41.10 GEL Million [+]
Government Revenues 917.30 689.10 1096.50 148.50 GEL Million [+]
Fiscal Expenditure 755.50 754.90 1377.00 132.00 GEL Million [+]
Military Expenditure 312.00 308.00 927.00 33.70 USD Million [+]
Credit Rating 37.50 [+]
Government Budget Value 161.80 -65.80 387.20 -319.40 GEL Million [+]


Georgia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Georgia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2018.50 1605.00 2018.50 41.10 1996 - 2018 GEL Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.22 Mar/19
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107612.10 Mar/19
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 12422.70 Mar/19
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19


Related

Latest