Georgia - Expense

Expense (current LCU)

The value for Expense (current LCU) in Georgia was 14,443,300,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 14,443,300,000 in 2020 and a minimum value of 345,400,000 in 1995.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1995 345,400,000
1996 674,300,000
1997 914,500,000
1998 859,300,000
1999 966,100,000
2000 911,200,000
2001 1,071,800,000
2002 1,149,100,000
2003 1,248,700,000
2004 1,940,600,000
2005 2,527,800,000
2006 3,230,600,000
2007 4,440,600,000
2008 5,633,900,000
2009 5,632,000,000
2010 5,549,900,000
2011 6,039,300,000
2012 6,771,400,000
2013 7,168,500,000
2014 8,323,000,000
2015 9,565,500,000
2016 10,481,500,000
2017 11,104,800,000
2018 10,761,600,000
2019 12,115,000,000
2020 14,443,300,000

Expense (% of GDP)

Expense (% of GDP) in Georgia was 29.32 as of 2020. Its highest value over the past 25 years was 31.31 in 2009, while its lowest value was 14.20 in 1995.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 14.20
1996 17.43
1997 20.08
1998 17.11
1999 17.04
2000 15.08
2001 16.06
2002 15.41
2003 14.58
2004 19.75
2005 21.75
2006 23.43
2007 26.13
2008 29.54
2009 31.31
2010 25.43
2011 23.70
2012 24.87
2013 25.07
2014 26.74
2015 28.19
2016 29.25
2017 27.24
2018 24.13
2019 24.60
2020 29.32

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance