Georgia—Government Expense (% of GDP)
Georgia's government expense (% of GDP) was 25.2% in 2023, ranking #76 out of 138 countries. This represents a +1.2% change from 2022. Over the past 24 years, the highest recorded value was 31.3% (2009) and the lowest was 14.6% (2003). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 25.2% | +1.2% |
| 2022 | 24.9% | -8.3% |
| 2021 | 27.2% | -6.2% |
| 2020 | 29.0% | +19.1% |
| 2019 | 24.4% | +2.7% |
| 2018 | 23.7% | -11.7% |
| 2017 | 26.9% | -6.3% |
| 2016 | 28.7% | +3.6% |
| 2015 | 27.7% | +5.5% |
| 2014 | 26.2% | +6.6% |
| 2013 | 24.6% | +1.4% |
| 2012 | 24.3% | +4.9% |
| 2011 | 23.1% | -7.7% |
| 2010 | 25.1% | -20.0% |
| 2009 | 31.3% | +6.0% |
| 2008 | 29.5% | +13.0% |
| 2007 | 26.1% | +11.5% |
| 2006 | 23.4% | +7.7% |
| 2005 | 21.8% | +10.1% |
| 2004 | 19.8% | +35.5% |
| 2003 | 14.6% | -5.4% |
| 2002 | 15.4% | -4.0% |
| 2001 | 16.1% | +6.5% |
| 2000 | 15.1% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
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.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP