Fiscal Expenditure in Georgia decreased to 751.50 GEL Million in November from 789.60 GEL Million in October of 2018. Fiscal Expenditure in Georgia averaged 543.86 GEL Million from 2006 until 2018, reaching an all time high of 1206.80 GEL Million in December of 2017 and a record low of 132 GEL Million in January of 2006.
Fiscal Expenditure in Georgia is expected to be 731.20 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Georgia to stand at 694.60 in 12 months time. In the long-term, the Georgia Fiscal Expenditure is projected to trend around 744.00 GEL Million in 2020, according to our econometric models.