Georgia recorded a government budget surplus of 161.50 GEL Million in September of 2018. Government Budget Value in Georgia averaged 20.39 GEL Million from 2006 until 2018, reaching an all time high of 387.20 GEL Million in November of 2008 and a record low of -319.40 GEL Million in December of 2017.

Government Budget Value in Georgia is expected to be 77.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Georgia to stand at 162.30 in 12 months time. In the long-term, the Georgia Government Budget Value is projected to trend around 169.30 GEL Million in 2020, according to our econometric models.

Georgia Government Budget Value
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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 877.70 916.90 1060.60 148.50 GEL Million [+]
Fiscal Expenditure 789.60 755.40 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 Government Budget Value

The government budget balance is the difference between government 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. This page provides - Georgia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
161.50 183.00 387.20 -319.40 2006 - 2018 GEL Million Monthly




Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China 100.80 Oct/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -6.06 Oct/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3394.30 Nov/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 28653.00 Oct/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -205000.00 Nov/18


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