Georgia recorded a Government Budget deficit equal to 6 percent of the country's Gross Domestic Product in 2021. source: Ministry of Finance, Georgia
Government Budget in Georgia averaged -2.17 percent of GDP from 2000 until 2021, reaching an all time high of 4.50 percent of GDP in 2006 and a record low of -9.30 percent of GDP in 2020. This page provides - Georgia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Budget - values, historical data and charts - was last updated on November of 2022.
Government Budget in Georgia is expected to reach -5.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Budget is projected to trend around -4.00 percent of GDP in 2023 and -3.50 percent of GDP in 2024, according to our econometric models.