Debt service as a proportion of exports of goods, services and in Georgia
Georgia: Debt service as a proportion of exports of goods, services and was 4.5% in 2023. ▼ Falling
Latest (2023)
4.5%
Change on year
up 24.5%
World rank
93rd
of 125 countries
All-time high
13.6%
in 2020
All-time low
3.6%
in 2022
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Georgia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Georgia is 4.5%, measured in 2023.
That represents a change of up 24.5% on the previous year and down 51.2% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Georgia peaked at 13.6% in 2020 and was at its lowest, 3.6%, in 2022.
That places Georgia 93rd out of 125 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Debt service as a proportion of exports of goods, services and in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.2% | — |
| 2001 | 7.2% | -40.7% |
| 2002 | 9.2% | +26.6% |
| 2003 | 10.3% | +12.6% |
| 2004 | 11.8% | +14.7% |
| 2005 | 6.9% | -41.9% |
| 2006 | 8.8% | +28.5% |
| 2007 | 4.4% | -50.5% |
| 2008 | 4.8% | +9.0% |
| 2009 | 6.8% | +43.6% |
| 2010 | 6.3% | -8.1% |
| 2011 | 12.0% | +90.3% |
| 2012 | 6.3% | -47.1% |
| 2013 | 9.2% | +45.3% |
| 2014 | 7.6% | -17.6% |
| 2015 | 9.7% | +28.0% |
| 2016 | 6.0% | -38.5% |
| 2017 | 7.2% | +20.2% |
| 2018 | 5.2% | -27.9% |
| 2019 | 5.2% | -0.4% |
| 2020 | 13.6% | +164.2% |
| 2021 | 13.0% | -4.3% |
| 2022 | 3.6% | -72.3% |
| 2023 | 4.5% | +24.5% |
Georgia compared with similar countries
- Georgia's 4.5% is below the median for upper middle income countries, which is 7.6%, 59% of the median. (49 countries reporting)
- Georgia's 4.5% is below the median for Europe & Central Asia, which is 6.6%, 68% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | 4.4% | 12.2% | 10 |
| 2010s | 7.5% | 5.2% | 12.0% | 10 |
| 2020s | 8.7% | 3.6% | 13.6% | 4 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Georgia?
- Debt service as a proportion of exports of goods, services and in Georgia was 4.5% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Georgia?
- The highest recorded value was 13.6% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Georgia?
- The lowest recorded value was 3.6% in 2022.
- How does Georgia rank for debt service as a proportion of exports of goods, services and?
- Georgia ranks 93rd out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Georgia?
- Over the last ten years it is down 51.2%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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