Cyclically adjusted balance, General government, Percent of potential in Georgia
Georgia: Cyclically adjusted balance, General government, Percent of potential was -2.2 in 2030. ◆ Volatile
Latest (2030)
-2.2
Change on year
unchanged
World rank
41st
of 88 countries
All-time high
0.1835
in 2011
All-time low
-7.44
in 2008
Years of data
26
2005–2030
Cyclically adjusted balance, General government, Percent of potential in Georgia, 2005–2030
Source: International Monetary Fund.
Analysis
In 2030, cyclically adjusted balance, general government, percent of potential in Georgia stood at -2.2.
Compared with earlier readings it is up 68.5% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Georgia peaked at 0.1835 in 2011 and was at its lowest, -7.44, in 2008.
That places Georgia 41st out of 88 countries with data for 2030, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.36 | — |
| 2006 | -3.21 | +136.8% |
| 2007 | -6.88 | +114.0% |
| 2008 | -7.44 | +8.1% |
| 2009 | -6.93 | -6.8% |
| 2010 | -5.14 | -25.8% |
| 2011 | 0.1835 | -103.6% |
| 2012 | 0.0634 | -65.4% |
| 2013 | -0.7944 | -1352.2% |
| 2014 | -1.34 | +68.4% |
| 2015 | 0.1174 | -108.8% |
| 2016 | -0.0811 | -169.1% |
| 2017 | -2.78 | +3323.5% |
| 2018 | -2.91 | +4.9% |
| 2019 | -3.1 | +6.5% |
| 2020 | -6.98 | +124.9% |
| 2021 | -5.2 | -25.5% |
| 2022 | -2.49 | -52.0% |
| 2023 | -2.67 | +7.1% |
| 2024 | -3.07 | +15.0% |
| 2025 | -3.11 | +1.4% |
| 2026 | -2.79 | -10.4% |
| 2027 | -2.3 | -17.6% |
| 2028 | -2.2 | -4.3% |
| 2029 | -2.2 | -0.0% |
| 2030 | -2.2 | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.16 | -7.44 | -1.36 | 5 |
| 2010s | -1.58 | -5.14 | 0.1835 | 10 |
| 2020s | -3.3 | -6.98 | -2.2 | 10 |
| 2030s | -2.2 | -2.2 | -2.2 | 1 |
Countries ranked near Georgia
- 38 Kosovo -2.15 compare
- 39 Colombia -2.16 compare
- 40 United Kingdom of Great Britain and Northern Ireland -2.19 compare
- 42 Dominican Republic -2.25 compare
- 43 Ukraine -2.26 compare
- 44 Luxembourg -2.31 compare
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 17.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 161.54 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.018 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.14 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 615.86 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Georgia?
- Cyclically adjusted balance, general government, percent of potential in Georgia was -2.2 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Georgia?
- The highest recorded value was 0.1835 in 2011.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Georgia?
- The lowest recorded value was -7.44 in 2008.
- How does Georgia rank for cyclically adjusted balance, general government, percent of potential?
- Georgia ranks 41st out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Georgia?
- Over the last ten years it is up 68.5%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October