Short-term debt in Georgia

Georgia: Short-term debt was 18.8% in 2024. ◆ Volatile

Latest (2024)
18.8%
Change on year
up 8.9%
World rank
30th
of 121 countries
All-time high
33.5%
in 1994
All-time low
0.0%
in 1992
Years of data
33
1992–2024

Short-term debt in Georgia, 1992–2024

01020301992200820241992: 0 % of total external debt1993: 0.029 % of total external debt1994: 33.5 % of total external debt1995: 6.9 % of total external debt1996: 4.7 % of total external debt1997: 1.5 % of total external debt1998: 1.7 % of total external debt1999: 0.378 % of total external debt2000: 2.4 % of total external debt2001: 4.1 % of total external debt2002: 1.6 % of total external debt2003: 1.8 % of total external debt2004: 4.6 % of total external debt2005: 2.3 % of total external debt2006: 16.9 % of total external debt2007: 22.2 % of total external debt2008: 13.4 % of total external debt2009: 10.7 % of total external debt2010: 12.5 % of total external debt2011: 13.1 % of total external debt2012: 16 % of total external debt2013: 15.3 % of total external debt2014: 15.2 % of total external debt2015: 14.2 % of total external debt2016: 14.9 % of total external debt2017: 15.3 % of total external debt2018: 13.5 % of total external debt2019: 12.1 % of total external debt2020: 11.6 % of total external debt2021: 10.8 % of total external debt2022: 16.3 % of total external debt2023: 17.3 % of total external debt2024: 18.8 % of total external debt

Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.

Analysis

Georgia recorded 18.8% for short-term debt in 2024.

Compared with earlier readings it is up 8.9% on the previous year and up 23.3% over ten years.

Over the whole period, short-term debt in Georgia peaked at 33.5% in 1994 and was at its lowest, 0.0%, in 1992.

That places Georgia 30th out of 121 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.1% 0.0% 33.5% 8
2000s 8.0% 1.6% 22.2% 10
2010s 14.2% 12.1% 16.0% 10
2020s 15.0% 10.8% 18.8% 5

Countries ranked near Georgia

  1. 27 Argentina 20.0% compare
  2. 28 Egypt 19.9% compare
  3. 29 India 19.5% compare
  4. 31 Russia 17.4% compare
  5. 32 Samoa 17.4% compare
  6. 33 Cape Verde 16.4% compare

See the full ranking of 133 places →

More external debt data for Georgia

All data for Georgia →

Frequently asked questions

What is short-term debt in Georgia?
Short-term debt in Georgia was 18.8% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Georgia?
The highest recorded value was 33.5% in 1994.
What is the lowest short-term debt recorded in Georgia?
The lowest recorded value was 0.0% in 1992.
How does Georgia rank for short-term debt?
Georgia ranks 30th out of 121 countries with data for 2024.
Is short-term debt rising or falling in Georgia?
Over the last ten years it is up 23.3%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.

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Short-term debt in Georgia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 21 August 2026, from https://debt.statizoid.com/stat/short-term-debt-percent-of-total-external-debt/georgia/

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About this data

Indicator
Short-term debt (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
133 places, 6,524 data points, 1970–2024
Last refreshed

Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.