Government Spending in Georgia increased to 1832.20 GEL Million in the fourth quarter of 2019 from 1752 GEL Million in the third quarter of 2019.

Government Spending in Georgia averaged 810.29 GEL Million from 1996 until 2019, 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 April of 2020.

Government Spending in Georgia is expected to be 1441.00 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 1743.00 in 12 months time. In the long-term, the Georgia Government Spending is projected to trend around 1729.00 GEL Million in 2021 and 1790.00 GEL Million in 2022, according to our econometric models.

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Georgia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1832.20 1752.00 2018.50 41.10 1996 - 2019 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 1832.20 1752.00 2018.50 41.10 GEL Million [+]
Government Revenues 792.10 908.90 1096.50 148.50 GEL Million [+]
Fiscal Expenditure 862.30 858.90 1377.00 132.00 GEL Million [+]
Military Expenditure 312.00 308.00 927.00 33.70 USD Million [+]
Credit Rating 43.00 [+]
Government Budget Value -3.10 -5.20 387.20 -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.