Georgia recorded a government debt equivalent to 44.90 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Georgia averaged 36.63 percent from 2004 until 2017, reaching an all time high of 44.90 percent in 2017 and a record low of 21.55 percent in 2007.

Government Debt to GDP in Georgia is expected to be 44.40 percent by the end of this quarter, 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 43.30 percent in 2020, according to our econometric models.

Georgia Government Debt to GDP
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Georgia Government Last Previous Highest Lowest Unit
Government Debt to GDP 44.90 44.40 44.90 21.55 percent [+]
Government Budget -3.20 -4.00 4.50 -6.70 percent of GDP [+]
Government Spending 1678.70 1518.30 1929.60 41.10 GEL Million [+]
Government Revenues 877.70 916.90 1060.60 148.50 GEL Million [+]
Fiscal Expenditure 789.60 755.40 1206.80 132.00 GEL Million [+]
Military Expenditure 331.52 350.48 923.12 33.53 USD Million [+]
Credit Rating 37.50 [+]
Government Budget Value 161.50 183.00 387.20 -319.40 GEL Million [+]


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. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
44.90 44.40 44.90 21.55 2004 - 2017 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 131.80 Dec/17
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
United Kingdom 85.30 Dec/17
Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 64.10 Dec/17
Argentina 57.10 Dec/17
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.40 Dec/17
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Switzerland 29.70 Dec/17
Indonesia 28.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 12.60 Dec/17


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