Vertical fiscal imbalance, Percent in Georgia
Georgia: Vertical fiscal imbalance, Percent was 0.1748 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Georgia, 1995–2020
Source: International Monetary Fund.
Analysis
Georgia recorded 0.1748 for vertical fiscal imbalance, percent in 2020.
That represents a change of up 479.1% on the previous year and up 342.6% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Georgia peaked at 0.3592 in 1995 and was at its lowest, -0.5462, in 2002.
Georgia ranks 14th of 64 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.3592 | — |
| 1996 | 0.3092 | -13.9% |
| 1997 | 0.1696 | -45.2% |
| 1998 | -0.0473 | -127.9% |
| 1999 | 0.022 | -146.6% |
| 2000 | -0.4529 | -2154.3% |
| 2001 | -0.4569 | +0.9% |
| 2002 | -0.5462 | +19.5% |
| 2003 | -0.5078 | -7.0% |
| 2004 | -0.5192 | +2.2% |
| 2005 | -0.419 | -19.3% |
| 2006 | -0.2493 | -40.5% |
| 2007 | -0.1686 | -32.4% |
| 2008 | 0.0081 | -104.8% |
| 2009 | 0.1568 | +1834.6% |
| 2010 | 0.0395 | -74.8% |
| 2011 | -0.142 | -459.4% |
| 2012 | -0.1649 | +16.2% |
| 2013 | -0.1102 | -33.1% |
| 2014 | -0.0301 | -72.7% |
| 2015 | -0.0853 | +183.8% |
| 2016 | -0.055 | -35.6% |
| 2017 | -0.0785 | +42.8% |
| 2018 | -0.0452 | -42.4% |
| 2019 | -0.0461 | +2.0% |
| 2020 | 0.1748 | -479.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1626 | -0.0473 | 0.3592 | 5 |
| 2000s | -0.3155 | -0.5462 | 0.1568 | 10 |
| 2010s | -0.0718 | -0.1649 | 0.0395 | 10 |
| 2020s | 0.1748 | 0.1748 | 0.1748 | 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 vertical fiscal imbalance, percent in Georgia?
- Vertical fiscal imbalance, percent in Georgia was 0.1748 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Georgia?
- The highest recorded value was 0.3592 in 1995.
- What is the lowest vertical fiscal imbalance, percent recorded in Georgia?
- The lowest recorded value was -0.5462 in 2002.
- How does Georgia rank for vertical fiscal imbalance, percent?
- Georgia ranks 14th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Georgia?
- Over the last ten years it is up 342.6%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, 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.