Government Spending in Georgia decreased to 1524.90 GEL Million in the first quarter of 2020 from 1832.20 GEL Million in the fourth quarter of 2019.

Government Spending in Georgia averaged 817.66 GEL Million from 1996 until 2020, 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. This page provides - Georgia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Spending - values, historical data and charts - was last updated on August of 2020.

Government Spending in Georgia is expected to be 1711.00 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 1927.00 in 12 months time. In the long-term, the Georgia Government Spending is projected to trend around 1853.00 GEL Million in 2021 and 1918.00 GEL Million in 2022, according to our econometric models.

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Georgia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1524.90 1832.20 2018.50 41.10 1996 - 2020 GEL Million Quarterly
Current Prices, NSA

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 1524.90 1832.20 2018.50 41.10 GEL Million [+]
Government Revenues 653.50 795.40 1138.40 148.50 GEL Million [+]
Fiscal Expenditure 998.90 916.20 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 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.