Georgia recorded a Government Budget deficit equal to 2.10 percent of the country's Gross Domestic Product in 2024. Government Budget in Georgia averaged -2.23 percent of GDP from 2000 until 2024, reaching an all time high of 4.50 percent of GDP in 2006 and a record low of -9.20 percent of GDP in 2020. source: Ministry of Finance, Georgia

Government Budget in Georgia is expected to reach -3.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations.



Related Last Previous Unit Reference
Credit Rating 45.00 Aug 2025
Fiscal Expenditure 2043.70 1844.10 GEL Million Jul 2025
Government Budget -2.10 -2.40 percent of GDP Dec 2024
Government Budget Value -158.80 -244.50 GEL Million Jul 2025
Government Debt to GDP 36.10 38.90 percent of GDP Dec 2024
Government Revenues 2043.40 1782.70 GEL Million Jul 2025
Government Spending 3239.30 3686.90 GEL Million Mar 2025
Holidays
Military Expenditure 615.90 508.40 USD Million Dec 2024



Georgia Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -2.40 4.50 -9.20 2000 - 2024 percent of GDP Yearly