Georgia Debt to GDP Ratio 1997-2020

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Georgia debt to gdp ratio for 2016 was 42.14%, a 3.51% increase from 2015.
  • Georgia debt to gdp ratio for 2015 was 38.63%, a 5.5% increase from 2014.
  • Georgia debt to gdp ratio for 2014 was 33.14%, a 1.29% increase from 2013.
  • Georgia debt to gdp ratio for 2013 was 31.85%, a 0.59% increase from 2012.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Bhutan 110.68%
Ukraine 71.81%
Kyrgyz Republic 60.47%
El Salvador 52.07%
Georgia 42.14%
Moldova 31.89%
Indonesia 31.37%
Micronesia 25.39%
Solomon Islands 7.02%
Georgia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2016 42.14% 3.51%
2015 38.63% 5.50%
2014 33.14% 1.29%
2013 31.85% 0.59%
2012 31.26% 0.25%
2011 31.01% -3.97%
2010 34.98% 0.37%
2009 34.61% 7.59%
2008 27.02% 4.33%
2007 22.69% -5.27%
2006 27.96% -7.12%
2005 35.08% -8.76%
2004 43.84% -9.97%
2003 53.81% -11.15%
2002 64.96% -1.71%
2001 66.67% -3.27%
2000 69.94% -2.00%
1999 71.94% 15.03%
1998 56.90% 13.50%
1997 43.41% 13.50%