Subsidies, payable, Ratio of this level of government's expenditure in Georgia
Georgia: Subsidies, payable, Ratio of this level of government's expenditure was 0.5804 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Georgia, 1995–2020
Source: International Monetary Fund.
Analysis
Georgia recorded 0.5804 for subsidies, payable, ratio of this level of government's expenditure in 2020.
The figure is up 16.9% on the previous year and up 12.4% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Georgia peaked at 1 in 2006 and was at its lowest, 0.3386, in 2015.
Georgia ranks 55th of 75 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.
Subsidies, payable, Ratio of this level of government's expenditure in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8747 | — |
| 1996 | 0.8215 | -6.1% |
| 1997 | 0.4 | -51.3% |
| 1998 | 0.4167 | +4.2% |
| 1999 | 0.37 | -11.2% |
| 2000 | 0.7227 | +95.3% |
| 2001 | 0.902 | +24.8% |
| 2002 | 0.8795 | -2.5% |
| 2003 | 0.5413 | -38.5% |
| 2004 | 0.5184 | -4.2% |
| 2005 | 0.9661 | +86.4% |
| 2006 | 1 | +3.5% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 0.7292 | -27.1% |
| 2010 | 0.5166 | -29.2% |
| 2011 | 0.4617 | -10.6% |
| 2012 | 0.4923 | +6.6% |
| 2013 | 0.4451 | -9.6% |
| 2014 | 0.4462 | +0.3% |
| 2015 | 0.3386 | -24.1% |
| 2016 | 0.4838 | +42.9% |
| 2017 | 0.583 | +20.5% |
| 2018 | 0.4947 | -15.2% |
| 2019 | 0.4964 | +0.3% |
| 2020 | 0.5804 | +16.9% |
Georgia compared with similar countries
- Georgia's 0.5804 is below the median for upper middle income countries, which is 0.9018, 64% of the median. (25 countries reporting)
- Georgia's 0.5804 is below the median for Europe & Central Asia, which is 0.7742, 75% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5766 | 0.37 | 0.8747 | 5 |
| 2000s | 0.8259 | 0.5184 | 1 | 10 |
| 2010s | 0.4758 | 0.3386 | 0.583 | 10 |
| 2020s | 0.5804 | 0.5804 | 0.5804 | 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 subsidies, payable, ratio of this level of government's expenditure in Georgia?
- Subsidies, payable, ratio of this level of government's expenditure in Georgia was 0.5804 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Georgia?
- The highest recorded value was 1 in 2006.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Georgia?
- The lowest recorded value was 0.3386 in 2015.
- How does Georgia rank for subsidies, payable, ratio of this level of government's expenditure?
- Georgia ranks 55th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Georgia?
- Over the last ten years it is up 12.4%. 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 Subsidies, payable, 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.