Georgia recorded a Government Budget deficit equal to 3.20 percent of the country's Gross Domestic Product in 2017. Government Budget in Georgia averaged -2.20 percent of GDP from 2000 until 2017, reaching an all time high of 4.50 percent of GDP in 2006 and a record low of -6.70 percent of GDP in 2009.

Georgia Government Budget
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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 1678.70 1518.30 1929.60 41.10 GEL Million [+]
Government Revenues 916.90 708.60 1060.60 148.50 GEL Million [+]
Fiscal Expenditure 755.40 891.60 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 -183.00 -159.50 387.20 -319.40 GEL Million [+]


Georgia Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Georgia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -4.00 4.50 -6.70 2000 - 2017 percent of GDP Yearly




Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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