Several international organizations
Posted: Thu Feb 20, 2025 4:41 am
Including the International Monetary Fund, publish government debt burden indicators by country. Georgia in government debt rating According to new data published by the International Monetary Fund in April, at the end of 2023, Georgia's government debt to GDP was 39.2%, and this debt burden indicator ranks Georgia 141st among 188 countries. 140 countries have a heavier debt than Georgia, while 47 countries have a lower debt burden.
In 2022, Georgia was also ranked 141st in the ranking with pakistan mobile database a debt to GDP ratio of 39.2%. As of December 31, 2023, the Georgian government's debt was 32.6 billion GEL. In 2023, the government's external debt increased by 1,407 million GEL, and domestic debt by 1,411 million GEL. In total, the debt increased by 2.8 billion GEL in 2023, but remained at 39.
2% of GDP due to economic growth. In 2013-2016, the Georgian government debt was growing, in 2017-2018 it decreased slightly to 38.2% of GDP, although in 2019 it increased to 40.0% of GDP. In 2020, due to the pandemic, the debt to GDP ratio increased by almost 20 percentage points and amounted to 59.6%. In the last 3 years, it has decreased again by 20 percentage points.
In 2022, Georgia was also ranked 141st in the ranking with pakistan mobile database a debt to GDP ratio of 39.2%. As of December 31, 2023, the Georgian government's debt was 32.6 billion GEL. In 2023, the government's external debt increased by 1,407 million GEL, and domestic debt by 1,411 million GEL. In total, the debt increased by 2.8 billion GEL in 2023, but remained at 39.
2% of GDP due to economic growth. In 2013-2016, the Georgian government debt was growing, in 2017-2018 it decreased slightly to 38.2% of GDP, although in 2019 it increased to 40.0% of GDP. In 2020, due to the pandemic, the debt to GDP ratio increased by almost 20 percentage points and amounted to 59.6%. In the last 3 years, it has decreased again by 20 percentage points.