Economic affairs, Ratio of this level of government's expenditure on in Georgia
Georgia: Economic affairs, Ratio of this level of government's expenditure on was 0.7763 in 2020. ▼ Falling
Economic affairs, Ratio of this level of government's expenditure on in Georgia, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, economic affairs, ratio of this level of government's expenditure on in Georgia stood at 0.7763.
Compared with earlier readings it is up 2.6% on the previous year and up 8.5% over ten years.
Over the whole period, economic affairs, ratio of this level of government's expenditure on in Georgia peaked at 1.07 in 2007 and was at its lowest, 0.0187, in 2008.
Georgia ranks 35th of 60 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Economic affairs, Ratio of this level of government's expenditure on in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.9488 | — |
| 1996 | 0.9226 | -2.8% |
| 1997 | 1.05 | +13.6% |
| 1998 | 0.6337 | -39.5% |
| 1999 | 0.725 | +14.4% |
| 2000 | 0.5842 | -19.4% |
| 2001 | 0.9034 | +54.6% |
| 2002 | 0.8828 | -2.3% |
| 2003 | 0.9474 | +7.3% |
| 2004 | 0.9885 | +4.3% |
| 2005 | 0.4228 | -57.2% |
| 2006 | 0.587 | +38.9% |
| 2007 | 1.07 | +81.5% |
| 2008 | 0.0187 | -98.2% |
| 2009 | 0.7287 | +3806.3% |
| 2010 | 0.7152 | -1.9% |
| 2011 | 0.8081 | +13.0% |
| 2012 | 0.6073 | -24.8% |
| 2013 | 0.7084 | +16.7% |
| 2014 | 0.7736 | +9.2% |
| 2015 | 0.7069 | -8.6% |
| 2016 | 0.7563 | +7.0% |
| 2017 | 0.8084 | +6.9% |
| 2018 | 0.7974 | -1.4% |
| 2019 | 0.7567 | -5.1% |
| 2020 | 0.7763 | +2.6% |
Georgia compared with similar countries
- Georgia's 0.7763 is below the median for upper middle income countries, which is 0.8209, 95% of the median. (19 countries reporting)
- Georgia's 0.7763 is below the median for Europe & Central Asia, which is 0.7841, 99% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Economic affairs, Ratio of this level of government's expenditure on 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 |
|---|---|---|---|
| 2009 | +3806.3% | 0.0187 | 0.7287 |
| 2008 | -98.2% | 1.07 | 0.0187 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8556 | 0.6337 | 1.05 | 5 |
| 2000s | 0.7129 | 0.0187 | 1.07 | 10 |
| 2010s | 0.7438 | 0.6073 | 0.8084 | 10 |
| 2020s | 0.7763 | 0.7763 | 0.7763 | 1 |
Countries ranked near Georgia
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 economic affairs, ratio of this level of government's expenditure on in Georgia?
- Economic affairs, ratio of this level of government's expenditure on in Georgia was 0.7763 in 2020, according to International Monetary Fund.
- What is the highest economic affairs, ratio of this level of government's expenditure on recorded in Georgia?
- The highest recorded value was 1.07 in 2007.
- What is the lowest economic affairs, ratio of this level of government's expenditure on recorded in Georgia?
- The lowest recorded value was 0.0187 in 2008.
- How does Georgia rank for economic affairs, ratio of this level of government's expenditure on?
- Georgia ranks 35th out of 60 countries with data for 2020.
- Is economic affairs, ratio of this level of government's expenditure on rising or falling in Georgia?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Economic affairs, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.