Government budget and revenue in Georgia, United States: official figures
Georgia's state government took in $67.2 billion in fiscal year 2024, $6,000 per resident, the lowest of 50 states per person (all states: $9,318 per person). The total includes taxes, federal funds, charges and pension-fund investment income.
How much does the Georgia state government spend?
The Georgia state government spent $70.7 billion in fiscal year 2024, or $6,310 per resident, 2nd lowest of 50 states (all states: $9,444). Spending was 31.7% higher than in fiscal year 2019 ($53.7 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Georgia state government have?
Georgia state government debt outstanding was $14.1 billion at the end of fiscal year 2024, $1,254 per resident, 9th lowest of 50 states (all states: $3,248). That equals 21% of one year's general revenue; in fiscal year 2019 the debt was $13.6 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Georgia get?
The federal government provided $25.6 billion to the Georgia state government in fiscal year 2024, $2,285 per resident and 38.1% of its general revenue, 16th highest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Georgia spent on?
Public welfare programmes, mainly Medicaid, accounted for $10.9 billion or 43% of Georgia's federal funds in fiscal year 2024, and education for $5.2 billion (20%).
Source: U.S. Census Bureau · saved copyWhat does the Georgia state government spend its money on?
Direct state spending on public welfare was $1,695 per resident in fiscal year 2024, 2nd lowest of 50 states (all states: $3,000); higher education took $751 per resident and highways $410.
Source: U.S. Census Bureau · saved copyHow much does Georgia give to local governments and schools?
25.3% of Georgia's state general spending in fiscal year 2024 ($17.9 billion) was paid to other governments, mostly local governments and school districts, 22nd highest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Georgia collect?
Georgia collected $34.4 billion in state taxes in fiscal year 2025, $3,040 per resident, 7th lowest of 50 states (all states: $4,503). That was 2.1% more than in fiscal year 2024 ($33.6 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Georgia rely on?
The individual income tax raised $16.2 billion (47.3% of state taxes, 5th highest share of 50 states) in fiscal year 2025. The general sales tax raised $9.3 billion (27.2%, 19th lowest share of 50 states). The largest single tax was the individual income tax (47.3%), followed by the general sales and gross receipts tax (27.2%).
Source: U.S. Census Bureau · saved copyDoes Georgia have corporate, property or severance taxes?
In fiscal year 2025, in Georgia, corporate net income tax raised $3.3 billion (9.5% of state taxes); state property tax raised $882.2 million; no severance tax on oil, gas, coal and minerals was collected.
Source: U.S. Census Bureau · saved copyHow much money does the Georgia state government hold in reserves?
The Georgia state government held $132.8 billion in cash and securities at the end of fiscal year 2024, $11,854 per resident, of which $129.1 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Georgia compares with other states
State government revenue per person (2024)
Georgia ranks 50 of 50, highest first. All revenue of the state government, including insurance trust income, divided by 1 July population
| Rank | Region | State government revenue per person |
|---|---|---|
| 44 | Missouri | $7,376 |
| 45 | South Dakota | $7,353 |
| 46 | New Hampshire | $7,194 |
| 47 | Tennessee | $6,833 |
| 48 | Texas | $6,646 |
| 49 | Florida | $6,107 |
| 50 | Georgia | $6,000 |
State government spending per person (2024)
Georgia ranks 49 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 44 | Missouri | $7,584 |
| 45 | Nevada | $7,536 |
| 46 | Idaho | $7,346 |
| 47 | Tennessee | $6,829 |
| 48 | Texas | $6,740 |
| 49 | Georgia | $6,310 |
| 50 | Florida | $5,583 |
State government debt per person (2024)
Georgia ranks 42 of 50, highest first. Debt outstanding at the end of the fiscal year divided by 1 July population
| Rank | Region | State government debt per person |
|---|---|---|
| 39 | Alabama | $2,129 |
| 40 | Nebraska | $1,692 |
| 41 | Utah | $1,585 |
| 42 | Georgia | $1,254 |
| 43 | Tennessee | $1,245 |
| 44 | Indiana | $1,229 |
| 45 | North Carolina | $1,188 |
Federal funds received by the state government per person (2024)
Georgia ranks 47 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 44 | Utah | $2,416 |
| 45 | Kansas | $2,410 |
| 46 | New Hampshire | $2,310 |
| 47 | Georgia | $2,285 |
| 48 | Idaho | $2,252 |
| 49 | Texas | $2,186 |
| 50 | Florida | $2,104 |
Federal funds as a share of state general revenue (2024)
Georgia ranks 16 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 13 | Wyoming | 40.1% |
| 14 | New York | 39.5% |
| 15 | Ohio | 39.2% |
| 16 | Georgia | 38.1% |
| 17 | Maine | 38.0% |
| 18 | Arkansas | 38.0% |
| 19 | Alabama | 37.8% |
State tax collections per person (2025)
Georgia ranks 44 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 41 | Colorado | $3,370 |
| 42 | Ohio | $3,264 |
| 43 | Oklahoma | $3,164 |
| 44 | Georgia | $3,040 |
| 45 | South Dakota | $2,874 |
| 46 | Missouri | $2,871 |
| 47 | Texas | $2,836 |
Individual income tax as a share of state taxes (2025)
Georgia ranks 5 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 2 | Massachusetts | 53.0% |
| 3 | Montana | 47.7% |
| 4 | Virginia | 47.3% |
| 5 | Georgia | 47.3% |
| 6 | California | 46.8% |
| 7 | New York | 46.6% |
| 8 | Connecticut | 45.3% |
General sales tax as a share of state taxes (2025)
Georgia ranks 32 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 29 | Pennsylvania | 28.5% |
| 30 | New Jersey | 27.4% |
| 31 | Alabama | 27.2% |
| 32 | Georgia | 27.2% |
| 33 | West Virginia | 27.1% |
| 34 | Oklahoma | 26.9% |
| 35 | Connecticut | 25.3% |
State spending on public welfare per person (2024)
Georgia ranks 49 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 44 | Alabama | $1,886 |
| 45 | Idaho | $1,865 |
| 46 | Wyoming | $1,858 |
| 47 | Texas | $1,831 |
| 48 | Florida | $1,726 |
| 49 | Georgia | $1,695 |
| 50 | Connecticut | $1,330 |
More on Georgia: overview · economy and jobs · health · education and schools · poverty and living standards · the United States
Sources
- U.S. Census Bureau: Annual Survey of State Government Finances: State Government Finances, U.S. and States, 2012-2024 (table GS00STATEFIN01, amounts in thousands of dollars), read 23 October 2026 · saved copy (SHA-256 72ff59b48414…)
- U.S. Census Bureau: Annual Survey of State Government Tax Collections: historical database, fiscal years to 2025 (thousands of dollars), read 23 October 2026 · saved copy (SHA-256 bdf560cd3d8f…)
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