Central government debt, total in Georgia
Georgia: Central government debt, total was 37.30 billion current LCU in 2024. ◆ Volatile
Central government debt, total in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for central government debt, total in Georgia is 37.30 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 6.2% on the previous year and up 286.9% over ten years.
Over the whole period, central government debt, total in Georgia peaked at 37.30 billion current LCU in 2024 and was at its lowest, 1.48 billion current LCU, in 1995.
Georgia ranks 60th of 83 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.33 billion current LCU | 1.48 billion current LCU | 3.45 billion current LCU | 5 |
| 2000s | 3.88 billion current LCU | 3.18 billion current LCU | 5.55 billion current LCU | 10 |
| 2010s | 12.26 billion current LCU | 6.96 billion current LCU | 22.24 billion current LCU | 10 |
| 2020s | 33.88 billion current LCU | 31.31 billion current LCU | 37.30 billion current LCU | 5 |
Countries ranked near Georgia
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.3% (2024)
- Taxes on income, profits and capital gains 38.5% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.6% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
Frequently asked questions
- What is central government debt, total in Georgia?
- Central government debt, total in Georgia was 37.30 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Georgia?
- The highest recorded value was 37.30 billion current LCU in 2024.
- What is the lowest central government debt, total recorded in Georgia?
- The lowest recorded value was 1.48 billion current LCU in 1995.
- How does Georgia rank for central government debt, total?
- Georgia ranks 60th out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Georgia?
- Over the last ten years it is up 286.9%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.