Government Spending in Georgia increased to 1926.50 GEL Million in the second quarter of 2021 from 1743.90 GEL Million in the first quarter of 2021. source: National Statistics Office of Georgia

Government Spending in Georgia averaged 865.74 GEL Million from 1996 until 2021, reaching an all time high of 2065.80 GEL Million in the fourth quarter of 2020 and a record low of 41.10 GEL Million in the first quarter of 1996. This page provides - Georgia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Spending - values, historical data and charts - was last updated on October of 2021.

Government Spending in Georgia is expected to be 2210.00 GEL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Spending is projected to trend around 2310.00 GEL Million in 2022 and 2414.00 GEL Million in 2023, according to our econometric models.

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Georgia Government Spending

Georgia Last Unit Reference Previous Highest Lowest
Government Spending 1926.50 GEL Million Jun/21 1743.90 2065.80 41.10

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.