Deficit, Percent of own spending (Central government) in Georgia
Georgia: Deficit, Percent of own spending (Central government) was -0.2775 in 2020. ◆ Volatile
Deficit, Percent of own spending in Georgia, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Georgia is -0.2775, measured in 2020.
That represents a change of down 256.4% on the previous year and down 58.3% over ten years.
Over the whole period, deficit, percent of own spending in Georgia peaked at 0.0965 in 2005 and was at its lowest, -0.4907, in 1995.
Georgia ranks 32nd of 66 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending (Central government) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.4907 | — |
| 1996 | -0.4611 | -6.0% |
| 1997 | -0.4017 | -12.9% |
| 1998 | -0.2536 | -36.9% |
| 1999 | -0.2696 | +6.3% |
| 2000 | -0.0728 | -73.0% |
| 2001 | -0.0608 | -16.4% |
| 2002 | -0.1067 | +75.3% |
| 2003 | -0.1185 | +11.1% |
| 2004 | 0.0361 | -130.5% |
| 2005 | 0.0965 | +167.4% |
| 2006 | 0.0794 | -17.8% |
| 2007 | 0.0327 | -58.8% |
| 2008 | -0.072 | -320.5% |
| 2009 | -0.2559 | +255.3% |
| 2010 | -0.1753 | -31.5% |
| 2011 | -0.0538 | -69.3% |
| 2012 | -0.0205 | -61.8% |
| 2013 | -0.0372 | +81.2% |
| 2014 | -0.0896 | +140.8% |
| 2015 | -0.0452 | -49.6% |
| 2016 | -0.0566 | +25.4% |
| 2017 | -0.0214 | -62.2% |
| 2018 | -0.0733 | +242.8% |
| 2019 | -0.0779 | +6.3% |
| 2020 | -0.2775 | +256.4% |
Georgia compared with similar countries
- Georgia's -0.2775 is above the median for upper middle income countries, which is -0.3126, 89% of the median. (26 countries reporting)
- Georgia's -0.2775 is below the median for Europe & Central Asia, which is -0.2415, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.3754 | -0.4907 | -0.2536 | 5 |
| 2000s | -0.0442 | -0.2559 | 0.0965 | 10 |
| 2010s | -0.0651 | -0.1753 | -0.0205 | 10 |
| 2020s | -0.2775 | -0.2775 | -0.2775 | 1 |
Countries ranked near Georgia
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 deficit, percent of own spending in Georgia?
- Deficit, percent of own spending in Georgia was -0.2775 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Georgia?
- The highest recorded value was 0.0965 in 2005.
- What is the lowest deficit, percent of own spending recorded in Georgia?
- The lowest recorded value was -0.4907 in 1995.
- How does Georgia rank for deficit, percent of own spending?
- Georgia ranks 32nd out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Georgia?
- Over the last ten years it is down 58.3%. 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 Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.