External debt as a share of gni in Georgia
Georgia: External debt as a share of gni was 86.19 in 2023. ▲ Rising
Latest (2023)
86.19
Change on year
down 16.5%
World rank
17th
of 118 countries
All-time high
131.7
in 2020
All-time low
29.26
in 2007
Years of data
24
2000–2023
External debt as a share of gni in Georgia, 2000–2023
Source: Our World in Data.
Analysis
Georgia recorded 86.19 for external debt as a share of gni in 2023.
Compared with earlier readings it is down 16.5% on the previous year and up 9.0% over ten years.
Over the whole period, external debt as a share of gni in Georgia peaked at 131.7 in 2020 and was at its lowest, 29.26, in 2007.
Georgia ranks 17th of 118 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 58.99 | — |
| 2001 | 58.94 | -0.1% |
| 2002 | 59.73 | +1.3% |
| 2003 | 53.7 | -10.1% |
| 2004 | 44.56 | -17.0% |
| 2005 | 33.32 | -25.2% |
| 2006 | 32.55 | -2.3% |
| 2007 | 29.26 | -10.1% |
| 2008 | 60.63 | +107.2% |
| 2009 | 80.88 | +33.4% |
| 2010 | 71.99 | -11.0% |
| 2011 | 71.88 | -0.2% |
| 2012 | 75.5 | +5.0% |
| 2013 | 79.08 | +4.7% |
| 2014 | 79.82 | +0.9% |
| 2015 | 99.96 | +25.2% |
| 2016 | 110.68 | +10.7% |
| 2017 | 104.73 | -5.4% |
| 2018 | 100.57 | -4.0% |
| 2019 | 111.37 | +10.7% |
| 2020 | 131.7 | +18.3% |
| 2021 | 124.75 | -5.3% |
| 2022 | 103.16 | -17.3% |
| 2023 | 86.19 | -16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.26 | 29.26 | 80.88 | 10 |
| 2010s | 90.56 | 71.88 | 111.37 | 10 |
| 2020s | 111.45 | 86.19 | 131.7 | 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)
- Gross domestic savings (current US$), annual growth rate 3.46 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1546 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 1,498 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 4.27 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.424 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 4,109 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 17.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9277 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gni in Georgia?
- External debt as a share of gni in Georgia was 86.19 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Georgia?
- The highest recorded value was 131.7 in 2020.
- What is the lowest external debt as a share of gni recorded in Georgia?
- The lowest recorded value was 29.26 in 2007.
- How does Georgia rank for external debt as a share of gni?
- Georgia ranks 17th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Georgia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).