Georgia recorded a Government Debt to GDP of 36.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Georgia Government Debt: % of GDP

• Georgia Government debt accounted for 35.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 35.3 % in the previous quarter.
• Georgia government debt to GDP ratio data is updated quarterly, available from Mar 2006 to Jun 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 13.0 USD bn in Sep 2025.
• The country's Nominal GDP reached 9.3 USD bn in Jun 2025.

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.

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.

External Debt in Georgia increased to 26536.41 USD Million in the second quarter of 2025 from 25483.35 USD Million in the first quarter of 2025. This dataset provides - Georgia External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Georgia GE: External Debt: Interest Payments: % of GNI data was reported at 6.942 % in 2016. This records an increase from the previous number of 5.015 % for 2015. Georgia GE: External Debt: Interest Payments: % of GNI data is updated yearly, averaging 1.514 % from Dec 1993 (Median) to 2016, with 24 observations. The data reached an all-time high of 6.942 % in 2016 and a record low of 0.194 % in 1994. Georgia GE: External Debt: Interest Payments: % of GNI 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. Total interest payments to gross national income.; ; World Bank, International Debt Statistics.; Weighted average;

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.

Key information about Georgia Household Debt

• Georgia Household Debt reached 13.1 USD bn in Oct 2025, compared with the reported number of 13.0 USD bn in the previous month
• Georgia Household Debt: USD mn data is updated monthly, available from Oct 2003 to Oct 2025
• The data reached an all-time high of 13.1 USD bn in Oct 2025 and a record low of 119.7 USD mn in Jan 2004

CEIC converts monthly Household Debt into USD. The National Bank of Georgia provides Household Debt in local currency. The National Bank of Georgia period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Since May 2006, Household Debt includes Mortgages

Historical dataset showing Georgia debt to gdp ratio by year from 1995 to 2023.

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.

Key information about Georgia External Debt: % of GDP

• Georgia External Debt accounted for 73.6 % 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 557.4 USD mn in Jun 2025.
• Georgia Direct Investment Abroad expanded by 51.1 USD mn in Jun 2025.
• Its Foreign Portfolio Investment increased by 48.9 USD mn in Jun 2025.
• The country's External Debt reached 26,532.3 in Jun 2025.
• The country's Nominal GDP was reported at 9.3 USD bn in Jun 2025.

Short-term debt (% of total external debt) in Georgia was reported at 17.03 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Short-term debt (% of total external debt) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Graph and download economic data for Outstanding International Private Debt Securities to GDP for Georgia (DDDM05GEA156NWDB) from 2008 to 2020 about Georgia, debt, securities, private, and GDP.

Georgia GE: External Debt: Present Value data was reported at 5.531 USD bn in 2016. Georgia GE: External Debt: Present Value data is updated yearly, averaging 5.531 USD bn from Dec 2016 (Median) to 2016, with 1 observations. Georgia 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;

Georgia GE: External Debt: Stock: Rescheduled data was reported at 0.000 USD mn in 2016. This stayed constant from the previous number of 0.000 USD mn for 2015. Georgia GE: External Debt: Stock: Rescheduled data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 393.567 USD mn in 1996 and a record low of 0.000 USD mn in 2016. Georgia GE: External Debt: Stock: Rescheduled 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: Arrears and Reschedulings. Debt stocks rescheduled is the amount of debt outstanding rescheduled in any given year. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

GE: External Debt: Principal 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. GE: External Debt: Principal 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 89.184 USD mn in 2006 and a record low of 0.000 USD mn in 2017. GE: External Debt: Principal 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. Principal forgiven is the amount of principal due or in arrears that was written off or forgiven in any given year. It includes debt forgiven within and outside Paris Club agreements, principal forgiven and principal arrears forgiven. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Georgia GE: Currency Composition of PPG Debt: USD data was reported at 67.713 % in 2017. This records a decrease from the previous number of 71.763 % for 2016. Georgia GE: Currency Composition of PPG Debt: USD data is updated yearly, averaging 69.093 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 83.181 % in 2001 and a record low of 0.000 % in 1991. Georgia GE: Currency Composition of PPG Debt: USD 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: Commitments and Currency Composition. The percentage of external long-term public and publicly-guaranteed debt contracted in U.S. dollars for the low- and middle-income countries.; ; World Bank, International Debt Statistics.; Weighted average;

Georgia GE: External Debt: Stocks: % of Exports of Goods, Services and Primary Income data was reported at 223.336 % in 2016. This records an increase from the previous number of 211.069 % for 2015. Georgia GE: External Debt: Stocks: % of Exports of Goods, Services and Primary Income data is updated yearly, averaging 181.661 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 244.265 % in 1999 and a record low of 81.943 % in 2007. Georgia GE: External Debt: Stocks: % of Exports of Goods, Services and Primary Income 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. Total external debt stocks to exports of goods, services and primary income.; ; World Bank, International Debt Statistics.; Weighted average; The denominator for this indicator in previous versions of Global Development Finance included workers' remittances. Workers' remittances are no longer included.

Georgia GE: Currency Composition of PPG Debt: SDR data was reported at 12.203 % in 2017. This records an increase from the previous number of 11.923 % for 2016. Georgia GE: Currency Composition of PPG Debt: SDR data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 12.203 % in 2017 and a record low of 0.000 % in 1997. Georgia GE: Currency Composition of PPG Debt: SDR 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: Commitments and Currency Composition. The percentage of external long-term public and publicly-guaranteed debt contracted in special drawing rights for the low- and middle-income countries.; ; World Bank, International Debt Statistics.; Weighted average;

Georgia GE: External Debt: Total Debt Service: % of Exports of Goods, Services and Primary Income data was reported at 37.632 % in 2016. This records an increase from the previous number of 29.558 % for 2015. Georgia GE: External Debt: Total Debt Service: % of Exports of Goods, Services and Primary Income data is updated yearly, averaging 16.024 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 37.632 % in 2016 and a record low of 5.962 % in 2007. Georgia GE: External Debt: Total Debt Service: % of Exports of Goods, Services and Primary Income 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. Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.; ; World Bank, International Debt Statistics.; Weighted average; The denominator for this indicator in previous versions of Global Development Finance included workers' remittances. Workers' remittances are no longer included.