Georgia recorded a Government Debt to GDP of 34.20 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Georgia averaged 37.69 percent of GDP from 2004 until 2025, reaching an all time high of 59.60 percent of GDP in 2020 and a record low of 21.55 percent of GDP in 2007. source: National Bank of Georgia

Government Debt to GDP in Georgia is expected to reach 38.50 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Debt to GDP is projected to trend around 38.10 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 45.00 Apr 2026
Fiscal Expenditure 1645.80 1792.70 GEL Million Feb 2026
Government Budget -2.10 -2.40 percent of GDP Dec 2024
Government Budget Value -10.20 -3.80 GEL Million Feb 2026
Government Debt to GDP 34.20 36.10 percent of GDP Dec 2025
Government Revenues 1744.50 1970.10 GEL Million Feb 2026
Government Spending 4124.10 3825.50 GEL Million Dec 2025
Holidays
Military Expenditure 615.90 508.40 USD Million Dec 2024


Georgia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
34.20 36.10 59.60 21.55 2004 - 2025 percent of GDP Yearly