Expense in Georgia
Georgia: Expense was 25.2% in 2023. ▲ Rising
Expense in Georgia, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Georgia is 25.2%, measured in 2023.
Compared with earlier readings it is up 1.2% on the previous year and up 2.6% over ten years.
Over the whole period, expense in Georgia peaked at 31.3% in 2009 and was at its lowest, 14.2%, in 1995.
Georgia ranks 83rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Expense in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 14.2% | — |
| 1996 | 17.4% | +22.7% |
| 1997 | 20.1% | +15.2% |
| 1998 | 17.1% | -14.8% |
| 1999 | 17.0% | -0.4% |
| 2000 | 15.1% | -11.5% |
| 2001 | 16.1% | +6.5% |
| 2002 | 15.4% | -4.0% |
| 2003 | 14.6% | -5.4% |
| 2004 | 19.8% | +35.5% |
| 2005 | 21.8% | +10.1% |
| 2006 | 23.4% | +7.7% |
| 2007 | 26.1% | +11.5% |
| 2008 | 29.5% | +13.0% |
| 2009 | 31.3% | +6.0% |
| 2010 | 25.1% | -20.0% |
| 2011 | 23.1% | -7.7% |
| 2012 | 24.3% | +4.9% |
| 2013 | 24.6% | +1.4% |
| 2014 | 26.2% | +6.6% |
| 2015 | 27.7% | +5.5% |
| 2016 | 28.7% | +3.6% |
| 2017 | 26.9% | -6.3% |
| 2018 | 23.7% | -11.7% |
| 2019 | 24.4% | +2.7% |
| 2020 | 29.0% | +19.1% |
| 2021 | 27.2% | -6.2% |
| 2022 | 24.9% | -8.3% |
| 2023 | 25.2% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.2% | 14.2% | 20.1% | 5 |
| 2000s | 21.3% | 14.6% | 31.3% | 10 |
| 2010s | 25.5% | 23.1% | 28.7% | 10 |
| 2020s | 26.6% | 24.9% | 29.0% | 4 |
Countries ranked near Georgia
- 80 Mozambique 26.0% compare
- 81 Jordan 25.9% compare
- 82 Albania 25.4% compare
- 84 Zambia 25.1% compare
- 85 Saint Vincent and the Grenadines 24.7% compare
- 86 Seychelles 24.6% compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 7.46 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7096 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,877 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 7.46 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.91 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 18,474 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.46 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1546 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Georgia?
- Expense in Georgia was 25.2% 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 31.3% in 2009.
- What is the lowest expense recorded in Georgia?
- The lowest recorded value was 14.2% in 1995.
- How does Georgia rank for expense?
- Georgia ranks 83rd out of 157 countries with data for 2023.
- Is expense rising or falling in Georgia?
- Over the last ten years it is up 2.6%. 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.