Georgia recorded a Government Debt to GDP of 57.10 percent of the country's Gross Domestic Product in 2021. source: National Bank of Georgia

Government Debt to GDP in Georgia averaged 39.77 percent of GDP from 2004 until 2021, reaching an all time high of 62.40 percent of GDP in 2020 and a record low of 21.55 percent of GDP in 2007. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Georgia is expected to reach 56.00 percent of GDP by the end of 2021, 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 53.00 percent of GDP in 2022, according to our econometric models.

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Georgia Government Debt to GDP


Georgia Last Unit Reference Previous Highest Lowest
Government Debt to GDP 57.10 percent of GDP Dec/21 62.40 62.40 21.55


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.