Government Spending in Georgia increased to 1678.70 GEL Million in the second quarter of 2018 from 1518.30 GEL Million in the first quarter of 2018. Government Spending in Georgia averaged 751.15 GEL Million from 1996 until 2018, reaching an all time high of 1929.60 GEL Million in the fourth quarter of 2017 and a record low of 41.10 GEL Million in the first quarter of 1996.

Government Spending in Georgia is expected to be 2038.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Georgia to stand at 1764.00 in 12 months time. In the long-term, the Georgia Government Spending is projected to trend around 2223.00 GEL Million in 2020, according to our econometric models.

Georgia Government Spending
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 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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Georgia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1678.70 1518.30 1929.60 41.10 1996 - 2018 GEL Million Quarterly
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