Public and publicly guaranteed debt service in Georgia
Georgia: Public and publicly guaranteed debt service was 4.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Georgia, 1997–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for public and publicly guaranteed debt service in Georgia is 4.5%, measured in 2024.
The figure is up 10.8% on the previous year and up 1.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Georgia peaked at 22.5% in 1998 and was at its lowest, 2.7%, in 2012.
That places Georgia 82nd out of 120 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Georgia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1997 | 5.3% | — |
| 1998 | 22.5% | +327.3% |
| 1999 | 10.6% | -53.1% |
| 2000 | 8.3% | -21.3% |
| 2001 | 5.0% | -40.0% |
| 2002 | 6.1% | +21.4% |
| 2003 | 6.7% | +10.2% |
| 2004 | 8.6% | +28.6% |
| 2005 | 4.3% | -49.8% |
| 2006 | 6.8% | +56.9% |
| 2007 | 3.0% | -54.9% |
| 2008 | 3.9% | +26.6% |
| 2009 | 5.9% | +52.9% |
| 2010 | 5.6% | -5.8% |
| 2011 | 10.7% | +92.3% |
| 2012 | 2.7% | -74.5% |
| 2013 | 4.4% | +62.2% |
| 2014 | 4.4% | +0.0% |
| 2015 | 8.6% | +95.6% |
| 2016 | 5.8% | -33.3% |
| 2017 | 7.0% | +21.6% |
| 2018 | 4.6% | -34.6% |
| 2019 | 4.7% | +1.6% |
| 2020 | 13.6% | +191.0% |
| 2021 | 12.9% | -4.8% |
| 2022 | 3.4% | -73.7% |
| 2023 | 4.0% | +18.8% |
| 2024 | 4.5% | +10.8% |
Georgia compared with similar countries
- Georgia's 4.5% is below the median for upper middle income countries, which is 7.4%, 61% of the median. (51 countries reporting)
- Georgia's 4.5% is below the median for Europe & Central Asia, which is 5.0%, 90% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.8% | 5.3% | 22.5% | 3 |
| 2000s | 5.8% | 3.0% | 8.6% | 10 |
| 2010s | 5.8% | 2.7% | 10.7% | 10 |
| 2020s | 7.7% | 3.4% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -1,589 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Georgia?
- Public and publicly guaranteed debt service in Georgia was 4.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Georgia?
- The highest recorded value was 22.5% in 1998.
- What is the lowest public and publicly guaranteed debt service recorded in Georgia?
- The lowest recorded value was 2.7% in 2012.
- How does Georgia rank for public and publicly guaranteed debt service?
- Georgia ranks 82nd out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Georgia?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% 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
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.