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Georgia Government Budget: Revenues and Spending

Georgia Government Budget Data

Indicator Data Period
Government Budget Value -165 GEL Million | -0.061 B USD Aug/23
Government Spending 2463 GEL Million | 0.916 B USD 2Q/23
Government Revenues 1480 GEL Million | 0.55 B USD Aug/23
Government Budget to GDP -3 % 2022


Latest data on Government Budget Value (GEL Million)

Government Budget Value
                     Georgia - Historical Data (GEL Million)

How much is Georgia Government Budget?

  • The deficit of government budget in Georgia increased to 165 GEL Million (0.061 B USD) in August 2023. The maximum surplus was 328 GEL Million and deficit was -1054 GEL Million.
  • Data published Monthly by Central Bank.

Historical Data (GEL Million) by years

Data
Period
Date
-165 Aug/23 30.09.2023
-395 Jul/23 07.09.2023
-359 Jun/23 05.08.2023
-164 May/23 14.07.2023
269 Apr/23 03.06.2023
-63.8 Mar/23 29.04.2023
-84.1 Feb/23 01.04.2023
250 Jan/23 04.03.2023


Historical Chart by presidents (GEL Million)

Government Budget Value in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giorgi Margvelashvili 17.11.2013 - 16.12.2018 -44.4000 -15.4000 303.3000 -150.7000 -65.32%
Mikheil Saakashvili 25.01.2004 - 17.11.2013 16.5000 -179.4000 387.2000 -179.4000 -1187.27%


Latest data on Government Spending (GEL Million)

Government Spending
                     Georgia - Historical Data (GEL Million)

What is current Georgia Government Spending?

  • Government Spending in Georgia increased to 2463 GEL Million (0.916 B USD) in the second quarter of 2023. The maximum volume was 2066 GEL Million and minimum was 41.1 GEL Million
  • Data published Quarterly by National Statistics Office.

Historical Data (GEL Million) by years

Data
Period
Date
2463 2Q/23 30.09.2023
2231 1Q/23 05.07.2023
2454 4Q/22 01.04.2023
2138 3Q/22 30.12.2022
2151 2Q/22 01.10.2022
2138 1Q/22 02.07.2022
2524 4Q/21 02.04.2022
2092 3Q/21 18.01.2022


Historical Chart by presidents (GEL Million)

Government Spending in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giorgi Margvelashvili 17.11.2013 - 16.12.2018 1394.9000 1929.6000 1929.6000 1004.3000 38.33%
Mikheil Saakashvili 25.01.2004 - 17.11.2013 267.6000 1060.9000 1441.1000 267.6000 296.45%
Eduard Shevardnadze 26.11.1995 - 23.11.2003 41.1000 208.7000 220.9000 41.1000 407.79%


Latest data on Government Revenues (GEL Million)

Government Revenues
                     Georgia - Historical Data (GEL Million)

How much is Georgia Government Revenue?

  • Government Revenues in Georgia decreased to 1480 GEL Million (0.55 B USD) in August 2023. The maximum volume was 1142 GEL Million and minimum was 148 GEL Million
  • Data published Monthly by Central Bank.

Historical Data (GEL Million) by years

Data
Period
Date
1480 Aug/23 30.09.2023
1595 Jul/23 07.09.2023
1202 Jun/23 05.08.2023
1537 May/23 14.07.2023
1930 Apr/23 03.06.2023
1418 Mar/23 29.04.2023
1380 Feb/23 01.04.2023
1626 Jan/23 04.03.2023


Historical Chart by presidents (GEL Million)

Government Revenues in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giorgi Margvelashvili 17.11.2013 - 16.12.2018 765.0000 765.0000 765.0000 765.0000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Georgia - Historical Data (%)

What is the deficit of Georgia Government Budget?

  • The deficit of Current Account to GDP in Georgia increased to 3 % in 2022. The maximum surplus was 4.5 % and deficit was -9.3 %.
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-3 2022 12.04.2023
-6 2021 06.05.2022
-9.3 2020 24.06.2021
-3.4 2019 12.01.2021
-2.3 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Georgia

Index Updated Actual Previous
Government Debt to GDP 2022 41.3 % 57.1
Fiscal Expenditure  Aug/23 0.425 B USD 0.661
Military Expenditure 2022 0.36 B USD 0.3

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 5.06 % -6.23
Jordan 2022 -4.6 % -5.4
Kyrgyzstan 2022 -1.1 % -0.2
Mongolia 2022 -1.9 % -6.8
Nepal 2022 -5.4 % -6.1
Palestine 2022 3.6 % 1.9
Tajikistan 2022 0.3 % 0.2
Cambodia 2021 -7.3 % -3.7
China 2022 -7.4 % -6.1
Georgia 2022 -3 % -6
India 2022 -6.44 % -6.72
Israel 2022 0.6 % -4.4
Pakistan 2022 -7.9 % -6.1
South Korea 2022 -7 % -5.2
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % -3.2
Maldives 2022 -14.3 % -13.8
Armenia 2022 -2.5 % -4.6
Hong Kong 2022 -5 % -3.6
Indonesia 2022 -2.38 % -4.65
Japan 2022 -6.4 % -5.1
Kazakhstan 2022 -2.3 % -5
Lebanon 2020 -3.5 % -10.4
Malaysia 2022 -5.6 % -6.4
Philippines 2022 -7.3 % -8.6
Qatar 2022 0 % 0.2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2022 -10.2 % -11.7
Thailand 2022 -4.9 % -9.1
Oman 2022 2.6 % -3.6
Iran 2022 -4 % -4.2
Laos 2022 -0.3 % -1.3
Azerbaijan 2022 -1 % -1.1
Kuwait 2022 11.6 % 2.3
Saudi Arabia 2022 2.5 % -2.3
Bahrain 2022 -5.6 % -11.6
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2022 1 % -0.3
Uzbekistan 2022 -4 % -6
Iraq 2022 6.4 % -0.4
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2021 -5.4 % -19.6
Mauritius 2021 -5.4 % -5.6