External Debt in Georgia decreased to 17224.60 USD Million in the third quarter of 2018 from 17416.93 USD Million in the second quarter of 2018. External Debt in Georgia averaged 11789.91 USD Million from 2006 until 2018, reaching an all time high of 17761.96 USD Million in the first quarter of 2018 and a record low of 2835.30 USD Million in the fourth quarter of 2006.
External Debt in Georgia is expected to be 18100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Georgia to stand at 18790.00 in 12 months time. In the long-term, the Georgia Total Gross External Debt is projected to trend around 20500.00 USD Million in 2020, according to our econometric models.