Subsidies and other transfers in Georgia
Georgia: Subsidies and other transfers was 12.86 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Georgia stood at 12.86 billion current LCU. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 217.1% over ten years.
Over the whole period, subsidies and other transfers in Georgia peaked at 12.86 billion current LCU in 2024 and was at its lowest, 177.60 million current LCU, in 1995.
That places Georgia 112th out of 153 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 309.52 million current LCU | 177.60 million current LCU | 412.90 million current LCU | 5 |
| 2000s | 1.46 billion current LCU | 548.60 million current LCU | 2.80 billion current LCU | 10 |
| 2010s | 4.36 billion current LCU | 2.86 billion current LCU | 6.43 billion current LCU | 10 |
| 2020s | 10.23 billion current LCU | 8.14 billion current LCU | 12.86 billion current LCU | 5 |
Countries ranked near Georgia
- 109 Cape Verde 15.36 billion current LCU compare
- 110 Azerbaijan 13.45 billion current LCU compare
- 111 Ecuador 12.95 billion current LCU compare
- 113 Slovenia 12.75 billion current LCU compare
- 114 Papua New Guinea 12.31 billion current LCU compare
- 115 Tunisia 11.53 billion current LCU compare
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.3% (2024)
- Taxes on income, profits and capital gains 38.5% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.6% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
Frequently asked questions
- What is subsidies and other transfers in Georgia?
- Subsidies and other transfers in Georgia was 12.86 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Georgia?
- The highest recorded value was 12.86 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Georgia?
- The lowest recorded value was 177.60 million current LCU in 1995.
- How does Georgia rank for subsidies and other transfers?
- Georgia ranks 112th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Georgia?
- Over the last ten years it is up 217.1%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.