Georgia recorded a Government Debt to GDP of 34.20 percent of the country's Gross Domestic Product in 2025. This dataset provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Georgia amounted to 36.1 percent. Between 2000 and 2024, the figure dropped by 22.42 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by 1.01 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Georgia Government Debt: % of GDP

• Georgia Government debt accounted for 34.2 % of the country's Nominal GDP in Dec 2025, compared with the ratio of 34.8 % in the previous quarter.
• Georgia government debt to GDP ratio data is updated quarterly, available from Mar 2006 to Dec 2025.
• The data reached an all-time high of 61.8 % in Mar 2021 and a record low of 21.7 % in Mar 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance of Georgia provides Government Debt in local currency. The National Statistics Office of Georgia provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government only. Nominal GDP prior to Q4 2010 is based on SNA 1993.


Related information about Georgia Government Debt: % of GDP

• In the latest reports, Georgia National Government Debt reached 13.3 USD bn in Dec 2025.
• The country's Nominal GDP reached 10.6 USD bn in Dec 2025.

In the fiscal year of 2024, Georgia's state debt stood at about ***** billion U.S. dollars. Comparatively, the local government debt was significantly higher, reaching ***** billion U.S. dollars the same year.The national debt of the United Stated can be found here.

External Debt in Georgia increased to 27354.84 USD Million in the third quarter of 2025 from 26496.31 USD Million in the second quarter of 2025. This dataset provides - Georgia External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Georgia amounted to ************ U.S. dollars in 2024. Between 2000 and 2024, the national debt rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by *********** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Key information about Georgia External Debt: % of GDP

• Georgia External Debt accounted for 73.5 % of the country's Nominal GDP in 2024, compared with the ratio of 79.5 % in the previous year.
• Georgia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2024.
• The data reached an all-time high of 131.3 % in Dec 2020 and a record low of 36.6 % in Dec 2006.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The National Bank of Georgia provides External Debt in USD based on BPM6. The National Statistics Office of Georgia provides Nominal GDP in local currency based on SNA 2008. The National Bank of Georgia average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP prior to 2010 is calculated from Nominal GDP based on SNA 1993. External Debt prior to 2006 is based on BPM5.


Related information about Georgia External Debt: % of GDP

• In the latest reports of Georgia, Current Account recorded a deficit of 272.8 USD mn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 515.4 USD mn in Sep 2025.
• Georgia Direct Investment Abroad expanded by 85.4 USD mn in Sep 2025.
• Its Foreign Portfolio Investment increased by 423.0 USD mn in Sep 2025.
• The country's External Debt reached 27,354.8 in Sep 2025.
• The country's Nominal GDP was reported at 10.3 USD bn in Sep 2025.

Georgia: Government debt as percent of GDP: The latest value from 2024 is 36.1 percent, a decline from 38.92 percent in 2023. In comparison, the world average is 61.97 percent, based on data from 182 countries. Historically, the average for Georgia from 2000 to 2024 is 38.75 percent. The minimum value, 22.54 percent, was reached in 2007 while the maximum of 59.56 percent was recorded in 2020.

Graph and download economic data for Total Government Debt for General Government for Georgia (GEOGGDGDPGDPPT) from 2003 to 2025 about Georgia, REO, debt, and government.

Georgia GE: External Debt: Buyback data was reported at 0.000 USD mn in 2017. This stayed constant from the previous number of 0.000 USD mn for 2016. Georgia GE: External Debt: Buyback data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2017, with 48 observations. Georgia GE: External Debt: Buyback data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank.WDI: External Debt: Arrears and Reschedulings. Debt buyback is the repurchase by a debtor of its own debt, discounted or at par. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in the long-term debt stock, and the cash amount received by creditors will be recorded as a principal repayment. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Graph and download economic data for Central government debt, total (% of GDP) for Georgia (DEBTTLGEA188A) from 1995 to 2024 about Georgia, debt, government, and GDP.

Graph and download economic data for Total External Debt for Georgia (GEODGDPGDPPT) from 2004 to 2030 about Georgia, external, REO, and debt.

Central government debt, total (% of GDP) in Georgia was reported at 40.59 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on February of 2026.

Georgia GE: External Debt: Interest Forgiven data was reported at 0.000 USD mn in 2017. This stayed constant from the previous number of 0.000 USD mn for 2016. Georgia GE: External Debt: Interest Forgiven data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 16.630 USD mn in 2006 and a record low of 0.000 USD mn in 2017. Georgia GE: External Debt: Interest Forgiven data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank.WDI: External Debt: Arrears and Reschedulings. Interest forgiven is the amount of interest due or in arrears that was written off or forgiven in any given year. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Georgia: External debt in foreign currencies, percent of total: The latest value from 2024 is 88.54 percent, a decline from 88.59 percent in 2023. In comparison, the world average is 74.10 percent, based on data from 43 countries. Historically, the average for Georgia from 2007 to 2024 is 92.62 percent. The minimum value, 88.54 percent, was reached in 2024 while the maximum of 96.88 percent was recorded in 2007.

Debt service on external debt, total (TDS, current US$) in Georgia was reported at 4808248489 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Debt service on external debt, total (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on February of 2026.

GE: External Debt: Present Value data was reported at 5.531 USD bn in 2016. GE: External Debt: Present Value data is updated yearly, averaging 5.531 USD bn from Dec 2016 (Median) to 2016, with 1 observations. GE: External Debt: Present Value data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Present value of debt is the sum of short-term external debt plus the discounted sum of total debt service payments due on public, publicly guaranteed, and private nonguaranteed long-term external debt over the life of existing loans. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Graph and download economic data for Gross Portfolio Debt Liabilities to GDP for Georgia (DDDM10GEA156NWDB) from 2003 to 2020 about Georgia, liabilities, debt, gross, and GDP.

Outstanding international public debt securities to GDP (%) in Georgia was reported at 3.1463 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2026.

Graph and download economic data for Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Georgia (IDSAMRINIGE) from Q1 2007 to Q4 2025 about Georgia, issues, maturity, debt, Net, securities, and residents.