Debt service (PPG and IMF only, % of exports of goods, services and) in Georgia
Georgia: Debt service (PPG and IMF only, % of exports of goods, services and) was 5.1% in 2024. ▼ Falling
Debt service (PPG and IMF only, % of exports of goods, services and) in Georgia, 1997–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in Georgia stood at 5.1%.
Compared with earlier readings it is up 12.3% on the previous year and down 33.5% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Georgia peaked at 23.3% in 1998 and was at its lowest, 3.6%, in 2022.
Georgia ranks 84th of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 6.0% | — |
| 1998 | 23.3% | +287.1% |
| 1999 | 15.0% | -35.3% |
| 2000 | 12.2% | -18.8% |
| 2001 | 7.2% | -40.7% |
| 2002 | 9.2% | +26.6% |
| 2003 | 10.3% | +12.6% |
| 2004 | 11.8% | +14.7% |
| 2005 | 6.9% | -41.9% |
| 2006 | 8.8% | +28.5% |
| 2007 | 4.4% | -50.5% |
| 2008 | 4.8% | +9.0% |
| 2009 | 6.8% | +43.6% |
| 2010 | 6.3% | -8.1% |
| 2011 | 12.0% | +90.3% |
| 2012 | 6.3% | -47.1% |
| 2013 | 9.2% | +45.3% |
| 2014 | 7.6% | -17.6% |
| 2015 | 9.7% | +28.0% |
| 2016 | 6.0% | -38.5% |
| 2017 | 7.2% | +20.2% |
| 2018 | 5.2% | -27.9% |
| 2019 | 5.2% | -0.4% |
| 2020 | 13.6% | +164.1% |
| 2021 | 13.0% | -4.3% |
| 2022 | 3.6% | -72.0% |
| 2023 | 4.5% | +23.2% |
| 2024 | 5.1% | +12.3% |
Georgia compared with similar countries
- Georgia's 5.1% is below the median for upper middle income countries, which is 7.8%, 65% of the median. (50 countries reporting)
- Georgia's 5.1% is below the median for Europe & Central Asia, which is 6.2%, 81% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +287.1% | 6.0% | 23.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.8% | 6.0% | 23.3% | 3 |
| 2000s | 8.2% | 4.4% | 12.2% | 10 |
| 2010s | 7.5% | 5.2% | 12.0% | 10 |
| 2020s | 8.0% | 3.6% | 13.6% | 5 |
Countries ranked near Georgia
More external debt data for Georgia
- IFC, private nonguaranteed 120.89 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 31.71 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0035 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -810.86 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.6% (2024)
- Net financial flows, IDA -104.43 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -27.39 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0031 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 153.07 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Georgia?
- Debt service (ppg and imf only, % of exports of goods, services and) in Georgia was 5.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Georgia?
- The highest recorded value was 23.3% in 1998.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Georgia?
- The lowest recorded value was 3.6% in 2022.
- How does Georgia rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Georgia ranks 84th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Georgia?
- Over the last ten years it is down 33.5%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.