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Government debt — all countries

Government debt — Georgia

Government debt in Georgia in 2031 — 33%. Ranked 46 in the world out of 184. Since 2000, the indicator has fallen by 25.5 pp.

2031 33% +0 pp vs 2030
World rank 46of 184
Period maximum 59.6%2020
Period minimum 22.5%2007

Trend over time

2000–2031 · % of GDP

Government debt — Georgia, 2000–203120304050602000200420082012201620202024202820312000: 58.5%2001: 53%2002: 50.3%2003: 54.6%2004: 44.3%2005: 35.3%2006: 28.3%2007: 22.5%2008: 26.3%2009: 33.6%2010: 31.4%2011: 27.7%2012: 28.1%2013: 28.9%2014: 30.3%2015: 36%2016: 39.5%2017: 38.9%2018: 38.2%2019: 40%2020: 59.6%2021: 49.1%2022: 39.2%2023: 38.9%2024: 35.7%2025: 34.3%2026: 35.1%2027: 34.5%2028: 34%2029: 33.3%2030: 33%2031: 33%
Change over the period: −25.5 pp Annual average: -0.82 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Georgia

Georgia 33%
World computed 102.5%
Europe & Central Asia computed 76.9%
Western Asia computed 41.9%
Upper-middle-income countries computed 101.6%
Government debt — Georgia, by year Georgia All countries CSV XLSX
Year % Change, pp
2031 33 +0 pp
2030 33 −0.3 pp
2029 33.3 −0.7 pp
2028 34 −0.5 pp
2027 34.5 −0.6 pp
2026 35.1 +0.8 pp
2025 34.3 −1.4 pp
2024 35.7 −3.2 pp
2023 38.9 −0.3 pp
2022 39.2 −9.9 pp
2021 49.1 −10.5 pp
2020 59.6 +19.6 pp
2019 40 +1.8 pp
2018 38.2 −0.7 pp
2017 38.9 −0.6 pp
2016 39.5 +3.5 pp
2015 36 +5.7 pp
2014 30.3 +1.4 pp
2013 28.9 +0.8 pp
2012 28.1 +0.4 pp
2011 27.7 −3.7 pp
2010 31.4 −2.2 pp
2009 33.6 +7.3 pp
2008 26.3 +3.8 pp
2007 22.5 −5.8 pp
2006 28.3 −7 pp
2005 35.3 −9 pp
2004 44.3 −10.3 pp
2003 54.6 +4.3 pp
2002 50.3 −2.7 pp
2001 53 −5.5 pp
2000 58.5 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

AZ Azerbaijan 20.2 AE United Arab Emirates 26 TR Türkiye 27.5 OM Oman 29.1 CY Cyprus 32.1 GE Georgia 33 QA Qatar 35.5 KW Kuwait 37.8 SA Saudi Arabia 42.2 AM Armenia 46.7 IQ Iraq 70.6 IL Israel 73.2 JO Jordan 75.7 BH Bahrain 161.2
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Georgia

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Georgia by year Public Finance External debt

How much a country as a whole owes abroad — government, banks and companies together.

Georgia by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Georgia by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Georgia by year
All indicators for Georgia