Georgia recorded a government budget deficit of 342.80 GEL Million in July of 2022. source: Ministry of Finance of Georgia

Government Budget Value in Georgia averaged -78.66 GEL Million from 2006 until 2022, reaching an all time high of 328.40 GEL Million in November of 2008 and a record low of -1054.40 GEL Million in December of 2018. This page provides - Georgia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget Value - values, historical data and charts - was last updated on September of 2022.

Government Budget Value in Georgia is expected to be -300.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Budget Value is projected to trend around -700.00 GEL Million in 2023 and -600.00 GEL Million in 2024, according to our econometric models.

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Georgia Government Budget Value

Related Last Previous Unit Reference
Government Revenues 1231.40 1123.30 GEL Million Jul 2022
Fiscal Expenditure 1359.50 1130.30 GEL Million Jul 2022
Government Budget Value -342.80 -213.60 GEL Million Jul 2022

Georgia Government Budget Value
The government budget balance is the difference between central government monthly revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-342.80 -213.60 328.40 -1054.40 2006 - 2022 GEL Million Monthly