Expense in Georgia
Georgia: Expense was 20.42 billion current LCU in 2023. ◆ Volatile
Expense in Georgia, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Georgia is 20.42 billion current LCU, measured in 2023. That is the highest value across all 29 years on record.
The figure is up 12.4% on the previous year and up 184.8% over ten years.
Over the whole period, expense in Georgia peaked at 20.42 billion current LCU in 2023 and was at its lowest, 345.40 million current LCU, in 1995.
Georgia ranks 124th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Georgia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 345.40 million current LCU | — |
| 1996 | 674.30 million current LCU | +95.2% |
| 1997 | 914.50 million current LCU | +35.6% |
| 1998 | 859.30 million current LCU | -6.0% |
| 1999 | 966.10 million current LCU | +12.4% |
| 2000 | 911.20 million current LCU | -5.7% |
| 2001 | 1.07 billion current LCU | +17.6% |
| 2002 | 1.15 billion current LCU | +7.2% |
| 2003 | 1.25 billion current LCU | +8.7% |
| 2004 | 1.94 billion current LCU | +55.4% |
| 2005 | 2.53 billion current LCU | +30.3% |
| 2006 | 3.23 billion current LCU | +27.8% |
| 2007 | 4.44 billion current LCU | +37.5% |
| 2008 | 5.63 billion current LCU | +26.9% |
| 2009 | 5.63 billion current LCU | -0.0% |
| 2010 | 5.55 billion current LCU | -1.5% |
| 2011 | 6.04 billion current LCU | +8.8% |
| 2012 | 6.77 billion current LCU | +12.1% |
| 2013 | 7.17 billion current LCU | +5.9% |
| 2014 | 8.32 billion current LCU | +16.1% |
| 2015 | 9.57 billion current LCU | +14.9% |
| 2016 | 10.48 billion current LCU | +9.6% |
| 2017 | 11.10 billion current LCU | +5.9% |
| 2018 | 10.76 billion current LCU | -3.1% |
| 2019 | 12.12 billion current LCU | +12.6% |
| 2020 | 14.44 billion current LCU | +19.2% |
| 2021 | 16.52 billion current LCU | +14.4% |
| 2022 | 18.17 billion current LCU | +10.0% |
| 2023 | 20.42 billion current LCU | +12.4% |
Georgia compared with similar countries
- Georgia's 20.42 billion current LCU is below the median for upper middle income countries, which is 310.25 billion current LCU, 7% of the median. (47 countries reporting)
- Georgia's 20.42 billion current LCU is below the median for Europe & Central Asia, which is 301.38 billion current LCU, 7% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Expense 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 |
|---|---|---|---|
| 1996 | +95.2% | 345.40 million current LCU | 674.30 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 751.92 million current LCU | 345.40 million current LCU | 966.10 million current LCU | 5 |
| 2000s | 2.78 billion current LCU | 911.20 million current LCU | 5.63 billion current LCU | 10 |
| 2010s | 8.79 billion current LCU | 5.55 billion current LCU | 12.12 billion current LCU | 10 |
| 2020s | 17.39 billion current LCU | 14.44 billion current LCU | 20.42 billion current LCU | 4 |
Countries ranked near Georgia
- 121 Maldives 23.80 billion current LCU compare
- 122 Papua New Guinea 22.48 billion current LCU compare
- 123 Bolivia 22.47 billion current LCU compare
- 125 Bosnia and Herzegovina 17.62 billion current LCU compare
- 126 Eswatini 17.49 billion current LCU compare
- 127 Lesotho 15.50 billion current LCU compare
More public sector data for Georgia
- Democracy, 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)
- Elected parliament, 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)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Georgia?
- Expense in Georgia was 20.42 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Georgia?
- The highest recorded value was 20.42 billion current LCU in 2023.
- What is the lowest expense recorded in Georgia?
- The lowest recorded value was 345.40 million current LCU in 1995.
- How does Georgia rank for expense?
- Georgia ranks 124th out of 157 countries with data for 2023.
- Is expense rising or falling in Georgia?
- Over the last ten years it is up 184.8%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.