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Georgia: Government deficit (% of GDP)

Percent of GDP · 1995–2025 · 31 observations · forecasts to 2031 · govdef_GDP

2025
−1.46%percent of GDP
Change on 2024
+0.8 pointsfrom −2.27%
Average, 2016–2025
−2.79%10 years
Record high and low
3.59% (2004)low −9.16% (2020)

Government deficit (% of GDP)

Report error
-10%-8%-6%-4%-2%0%2%4%19952000200520102015202020252030GeorgiaGeorgia
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.21Forecast
2030-2.21Forecast
2029-2.22Forecast
2028-2.32Forecast
2027-2.32Forecast
2026-2.33Forecast
2025-1.46
2024-2.27
2023-2.33
2022-2.20
2021-5.97
2020-9.16
2019-1.82
2018-0.803
2017-0.452
2016-1.49

Sources

This series is derived from other GMD variables.

Georgia documentation (PDF)

More for Georgia

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 73 series →

Government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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