Government Spending in Georgia decreased to 1722.40 GEL Million in the first quarter of 2019 from 2018.50 GEL Million in the fourth quarter of 2018. Government Spending in Georgia averaged 784.41 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.

Government Spending in Georgia is expected to be 1723.19 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 2103.28 in 12 months time. In the long-term, the Georgia Government Spending is projected to trend around 2299.04 GEL Million in 2020, according to our econometric models.

Georgia Government Spending
Forecast Data Chart
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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 1722.40 2018.50 2018.50 41.10 GEL Million [+]
Government Revenues 894.60 811.40 1096.50 148.50 GEL Million [+]
Fiscal Expenditure 802.50 787.50 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1722.40 2018.50 2018.50 41.10 1996 - 2019 GEL Million Quarterly
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