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.

Georgia Fiscal Expenditure
Forecast Data Chart
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Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 44.90 44.40 44.90 21.55 percent [+]
Government Budget -3.20 -4.00 4.50 -6.70 percent of GDP [+]
Government Spending 1605.00 1678.70 1929.60 41.10 GEL Million [+]
Government Revenues 875.30 877.70 1060.60 148.50 GEL Million [+]
Fiscal Expenditure 751.50 789.60 1206.80 132.00 GEL Million [+]
Military Expenditure 331.52 350.48 923.12 33.53 USD Million [+]
Credit Rating 37.50 [+]
Government Budget Value 161.50 183.00 387.20 -319.40 GEL Million [+]

Georgia Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Georgia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Fiscal Expenditure - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
751.50 789.60 1206.80 132.00 2006 - 2018 GEL Million Monthly

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