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
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% |
Georgia compared with similar countries
- Georgia's -2.2 is above the median for upper middle income countries, which is -2.26, 97% of the median. (29 countries reporting)
- Georgia's -2.2 is above the median for Europe & Central Asia, which is -2.54, 87% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Cyclically adjusted balance, General government, Percent of potential in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -3323.5% | -0.0811 | -2.78 |
| 2013 | -1352.2% | 0.0634 | -0.7944 |
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 -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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 15.00 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)
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