Georgia Government Budget ValueJune 2022 Data - 2006-2021 Historical

Name: Georgia Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Georgia,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Georgia recorded a government budget surplus of 87.70 GEL Million in May of 2022. source: Ministry of Finance of Georgia

Government Budget Value in Georgia averaged -76.63 GEL Million from 2006 until 2022, reaching an all time high of 328.40 GEL Million in November of 2008 and a record low of -1054.40 GEL Million in December of 2018. This page provides - Georgia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in Georgia is expected to be -300.00 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 Budget Value is projected to trend around -700.00 GEL Million in 2023 and -600.00 GEL Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Revenues	1510.80	1044.10	GEL Million	May 2022
Fiscal Expenditure	1251.70	1187.80	GEL Million	May 2022
Government Budget Value	87.70	-303.40	GEL Million	May 2022

Georgia Government Budget Value

The government budget balance is the difference between central government monthly 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.