Georgia Public debt

Factbook > Countries > Georgia > Economy

Public debt: 44.9% of GDP (2017 est.)

44.4% of GDP (2016 est.)

note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities; Georgia does not maintain intragovernmental debt or social funds

Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.

Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021

See Also

Related Data From the International Monetary Fund

Variable: General government gross debt

Note: 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. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Units: Percent of GDP

Country-specific Note: See notes for: General government gross debt (National currency).

Source: International Monetary Fund, World Economic Outlook Database, April 2019

YearGeneral government gross debtPercent Change
200067.661 
200161.264-9.45%
200258.119-5.13%
200363.0778.53%
200450.449-20.02%
200539.911-20.89%
200632.008-19.80%
200725.505-20.32%
200831.1522.13%
200941.03431.73%
201042.4043.34%
201136.512-13.89%
201234.83-4.61%
201334.663-0.48%
201435.592.67%
201541.44616.45%
201644.4147.16%
201745.0871.52%
201844.543-1.21%
201945.0451.13%

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