Subsidies and other transfers in Georgia
Georgia: Subsidies and other transfers was 54.2% in 2023. ▲ Rising
Subsidies and other transfers in Georgia, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Georgia recorded 54.2% for subsidies and other transfers in 2023.
Compared with earlier readings it is down 0.9% on the previous year and up 9.3% over ten years.
Over the whole period, subsidies and other transfers in Georgia peaked at 65.1% in 2001 and was at its lowest, 37.0%, in 1997.
Georgia ranks 38th of 152 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Subsidies and other transfers in Georgia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 51.4% | — |
| 1996 | 38.2% | -25.6% |
| 1997 | 37.0% | -3.4% |
| 1998 | 42.0% | +13.7% |
| 1999 | 42.7% | +1.7% |
| 2000 | 60.2% | +40.9% |
| 2001 | 65.1% | +8.1% |
| 2002 | 61.6% | -5.4% |
| 2003 | 62.4% | +1.4% |
| 2004 | 63.4% | +1.5% |
| 2005 | 62.7% | -1.1% |
| 2006 | 55.7% | -11.1% |
| 2007 | 43.0% | -22.9% |
| 2008 | 45.9% | +6.9% |
| 2009 | 49.6% | +8.1% |
| 2010 | 51.5% | +3.9% |
| 2011 | 50.8% | -1.4% |
| 2012 | 49.9% | -1.8% |
| 2013 | 49.6% | -0.6% |
| 2014 | 48.7% | -1.8% |
| 2015 | 47.1% | -3.3% |
| 2016 | 46.8% | -0.6% |
| 2017 | 47.2% | +0.9% |
| 2018 | 52.0% | +10.1% |
| 2019 | 53.0% | +2.0% |
| 2020 | 56.4% | +6.3% |
| 2021 | 55.3% | -1.9% |
| 2022 | 54.7% | -1.1% |
| 2023 | 54.2% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.3% | 37.0% | 51.4% | 5 |
| 2000s | 57.0% | 43.0% | 65.1% | 10 |
| 2010s | 49.7% | 46.8% | 53.0% | 10 |
| 2020s | 55.2% | 54.2% | 56.4% | 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 subsidies and other transfers in Georgia?
- Subsidies and other transfers in Georgia was 54.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Georgia?
- The highest recorded value was 65.1% in 2001.
- What is the lowest subsidies and other transfers recorded in Georgia?
- The lowest recorded value was 37.0% in 1997.
- How does Georgia rank for subsidies and other transfers?
- Georgia ranks 38th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Georgia?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.