Fiscal Balance in Georgia
The fiscal balance of Georgia averaged -2.7% of GDP in the decade to 2022, below the Eastern Europe average of -1.8% of GDP. The fiscal balance in 2022 was -2.6% of GDP. For more fiscal balance information, visit our dedicated page.
Georgia Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Georgia from 2014 to 2023.
Source: Macrobond.
Georgia Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -1.8 | -9.2 | -6.0 | -2.6 | -2.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Gerogian fiscal balance projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Gerogian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Gerogian fiscal balance projections.
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