Fiscal Balance in Georgia

Georgia Fiscal Balance | Economic News & Forecasts

Georgia - Fiscal Balance

Annual growth edged up to 4.7% in Q1 2019, from 4.5% in Q4 2018, according to preliminary results. The external sector seemingly spearheaded the acceleration, chiefly thanks to Russia’s increased appetite for Georgian commodity exports. In the same quarter, imports contracted, leading the trade deficit to fall but also likely signaling softening consumer demand at home. This came as inflation more than doubled in the first quarter, which will have eaten into real income growth and consumer spending growth. Meanwhile, S&P Global Ratings upgraded the outlook on Georgia's BB credit rating from stable to positive, citing the country’s resilience to external shocks and its continued compliance with IMF conditions under the current program.

Georgia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.1  -2.0  -1.1  -1.4  -0.9  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Georgia Fiscal Balance Chart


Georgia Fiscal
Note: Fiscal balance as % of GDP
Source: Statistics Georgia.

Georgia Facts

ValueChangeDate
Exchange Rate2.740.0 %May 13
Stock Market0.10.55 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form