Public and publicly guaranteed debt service in Georgia
Georgia: Public and publicly guaranteed debt service was 2.6% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Georgia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Georgia stood at 2.6%.
Compared with earlier readings it is up 5.3% on the previous year and up 27.3% over ten years.
Over the whole period, public and publicly guaranteed debt service in Georgia peaked at 6.7% in 2021 and was at its lowest, 0.2%, in 1996.
Georgia ranks 52nd of 123 countries on this measure, 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 GNI | Change |
|---|---|---|
| 1993 | 0.5% | — |
| 1994 | 0.2% | -50.5% |
| 1995 | 0.7% | +178.3% |
| 1996 | 0.2% | -65.9% |
| 1997 | 1.1% | +383.3% |
| 1998 | 5.4% | +387.8% |
| 1999 | 2.7% | -49.5% |
| 2000 | 2.7% | -1.7% |
| 2001 | 1.6% | -41.4% |
| 2002 | 2.0% | +31.0% |
| 2003 | 2.4% | +16.5% |
| 2004 | 3.1% | +29.8% |
| 2005 | 1.6% | -48.1% |
| 2006 | 2.4% | +51.1% |
| 2007 | 1.1% | -55.2% |
| 2008 | 1.3% | +18.2% |
| 2009 | 2.0% | +57.1% |
| 2010 | 2.1% | +3.4% |
| 2011 | 4.3% | +103.9% |
| 2012 | 1.2% | -72.9% |
| 2013 | 2.1% | +79.8% |
| 2014 | 2.0% | -3.4% |
| 2015 | 4.0% | +100.9% |
| 2016 | 2.8% | -31.4% |
| 2017 | 3.9% | +40.2% |
| 2018 | 2.7% | -30.3% |
| 2019 | 3.0% | +11.5% |
| 2020 | 6.1% | +102.7% |
| 2021 | 6.7% | +9.0% |
| 2022 | 2.1% | -68.0% |
| 2023 | 2.4% | +13.9% |
| 2024 | 2.6% | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.5% | 0.2% | 5.4% | 7 |
| 2000s | 2.0% | 1.1% | 3.1% | 10 |
| 2010s | 2.8% | 1.2% | 4.3% | 10 |
| 2020s | 4.0% | 2.1% | 6.7% | 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)
- 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)
- 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 2.6% 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 6.7% in 2021.
- What is the lowest public and publicly guaranteed debt service recorded in Georgia?
- The lowest recorded value was 0.2% in 1996.
- How does Georgia rank for public and publicly guaranteed debt service?
- Georgia ranks 52nd out of 123 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 27.3%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.