Goods and services expense in Georgia
Georgia: Goods and services expense was 14.0% in 2023. ▼ Falling
Goods and services expense in Georgia, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Georgia stood at 14.0%.
The figure is up 2.7% on the previous year and up 5.9% over ten years.
Over the whole period, goods and services expense in Georgia peaked at 40.8% in 1997 and was at its lowest, 12.7%, in 2000.
That places Georgia 82nd out of 154 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Goods and services expense in Georgia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 35.9% | — |
| 1996 | 40.8% | +13.6% |
| 1997 | 40.8% | +0.2% |
| 1998 | 29.5% | -27.7% |
| 1999 | 29.9% | +1.2% |
| 2000 | 12.7% | -57.4% |
| 2001 | 15.1% | +18.7% |
| 2002 | 15.9% | +5.4% |
| 2003 | 13.6% | -14.9% |
| 2004 | 16.4% | +21.3% |
| 2005 | 16.6% | +1.1% |
| 2006 | 21.0% | +26.3% |
| 2007 | 33.4% | +59.1% |
| 2008 | 26.8% | -19.9% |
| 2009 | 18.7% | -30.0% |
| 2010 | 15.9% | -15.2% |
| 2011 | 16.4% | +3.1% |
| 2012 | 15.7% | -4.3% |
| 2013 | 13.2% | -15.7% |
| 2014 | 13.6% | +2.8% |
| 2015 | 14.2% | +4.4% |
| 2016 | 14.0% | -1.4% |
| 2017 | 14.6% | +4.7% |
| 2018 | 15.2% | +4.3% |
| 2019 | 14.2% | -6.9% |
| 2020 | 13.3% | -6.1% |
| 2021 | 13.9% | +4.0% |
| 2022 | 13.6% | -1.8% |
| 2023 | 14.0% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.4% | 29.5% | 40.8% | 5 |
| 2000s | 19.0% | 12.7% | 33.4% | 10 |
| 2010s | 14.7% | 13.2% | 16.4% | 10 |
| 2020s | 13.7% | 13.3% | 14.0% | 4 |
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 goods and services expense in Georgia?
- Goods and services expense in Georgia was 14.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Georgia?
- The highest recorded value was 40.8% in 1997.
- What is the lowest goods and services expense recorded in Georgia?
- The lowest recorded value was 12.7% in 2000.
- How does Georgia rank for goods and services expense?
- Georgia ranks 82nd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Georgia?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.