Net lending (+) / net borrowing (-) in Georgia
Georgia: Net lending (+) / net borrowing (-) was -2.1% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Georgia stood at -2.1%.
Compared with earlier readings it is down 6.2% on the previous year and up 3.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Georgia peaked at 1.6% in 2006 and was at its lowest, -8.3%, in 2020.
That places Georgia 76th out of 156 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -4.4% | -6.0% | -2.7% | 5 |
| 2000s | -0.8% | -7.8% | 1.6% | 10 |
| 2010s | -1.6% | -4.1% | -0.4% | 10 |
| 2020s | -4.2% | -8.3% | -2.0% | 5 |
Countries ranked near Georgia
- 73 El Salvador -2.1% compare
- 74 Democratic Republic of Congo -2.1% compare
- 75 Paraguay -2.1% compare
- 77 Fiji -2.2% compare
- 78 Saint Kitts and Nevis -2.3% compare
- 79 New Zealand -2.3% compare
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)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
- Compensation of employees 14.4% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Georgia?
- Net lending (+) / net borrowing (-) in Georgia was -2.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Georgia?
- The highest recorded value was 1.6% in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in Georgia?
- The lowest recorded value was -8.3% in 2020.
- How does Georgia rank for net lending (+) / net borrowing (-)?
- Georgia ranks 76th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Georgia?
- Over the last ten years it is up 3.3%. 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.