The International Monetary Fund publishes budget deficit figures by country
Posted: Thu Feb 20, 2025 4:41 am
Nominal numbers for assessing the burden of a deficit (for example, how many million lari is the deficit) do not say much, because the severity of a deficit depends on the level of economic development of the country. The burden of a deficit on an economy is determined by its ratio to its gross domestic product (GDP).
The IMF publishes information on the so-called consolidated pakistan mobile database budget deficit. The consolidated budget is a consolidated version of a country's state budget and local budgets. The Fund considers the budget's net borrowing figure to be an indicator of deficit, that is, the total amount of money that was deducted from the budget that was covered by borrowing. Georgia in the budget deficit ranking According to data published by the International Monetary Fund in April 2024, Georgia ranks 108th out of 187 countries in terms of budget deficit.
107 countries have a higher budget deficit than Georgia, while 79 countries have a smaller deficit or, conversely, a surplus. In 2023, Georgia was ranked 99th, meaning that in 2024 the country's position improved by 9 places. According to the IMF, in 2024, Georgia's consolidated budget deficit will be -2.5% of GDP. In 2023, this figure was -2.3% of GDP, in 2022 -2.6%, and in 2020-2021, the deficit averaged 7.
The IMF publishes information on the so-called consolidated pakistan mobile database budget deficit. The consolidated budget is a consolidated version of a country's state budget and local budgets. The Fund considers the budget's net borrowing figure to be an indicator of deficit, that is, the total amount of money that was deducted from the budget that was covered by borrowing. Georgia in the budget deficit ranking According to data published by the International Monetary Fund in April 2024, Georgia ranks 108th out of 187 countries in terms of budget deficit.
107 countries have a higher budget deficit than Georgia, while 79 countries have a smaller deficit or, conversely, a surplus. In 2023, Georgia was ranked 99th, meaning that in 2024 the country's position improved by 9 places. According to the IMF, in 2024, Georgia's consolidated budget deficit will be -2.5% of GDP. In 2023, this figure was -2.3% of GDP, in 2022 -2.6%, and in 2020-2021, the deficit averaged 7.