Georgia recorded a Government Debt to GDP of 39.80 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Georgia averaged 38.38 percent of GDP from 2004 until 2023, reaching an all time high of 62.60 percent of GDP in 2020 and a record low of 21.55 percent of GDP in 2007. source: National Bank of Georgia
Government Debt to GDP in Georgia is expected to reach 39.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Debt to GDP is projected to trend around 39.10 percent of GDP in 2025 and 38.50 percent of GDP in 2026, according to our econometric models.