External debt stocks in Georgia

Georgia: External debt stocks was 79.7% in 2024. ▲ Rising

Latest (2024)
79.7%
Change on year
down 6.2%
World rank
19th
of 122 countries
All-time high
131.7%
in 2020
All-time low
2.2%
in 1992
Years of data
33
1992–2024

External debt stocks in Georgia, 1992–2024

0501001501992200820241992: 2.2 % of GNI1993: 21 % of GNI1994: 58.7 % of GNI1995: 48.2 % of GNI1996: 45 % of GNI1997: 40.3 % of GNI1998: 43.3 % of GNI1999: 62.8 % of GNI2000: 59 % of GNI2001: 58.9 % of GNI2002: 59.7 % of GNI2003: 53.7 % of GNI2004: 44.6 % of GNI2005: 33.3 % of GNI2006: 32.5 % of GNI2007: 29.3 % of GNI2008: 60.6 % of GNI2009: 80.9 % of GNI2010: 72 % of GNI2011: 78.3 % of GNI2012: 80.8 % of GNI2013: 79.1 % of GNI2014: 79.5 % of GNI2015: 96.5 % of GNI2016: 107.4 % of GNI2017: 102 % of GNI2018: 99.3 % of GNI2019: 111.3 % of GNI2020: 131.7 % of GNI2021: 124.4 % of GNI2022: 100.3 % of GNI2023: 85 % of GNI2024: 79.7 % of GNI

Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.

Analysis

In 2024, external debt stocks in Georgia stood at 79.7%.

Compared with earlier readings it is down 6.2% on the previous year and up 0.2% over ten years.

Over the whole period, external debt stocks in Georgia peaked at 131.7% in 2020 and was at its lowest, 2.2%, in 1992.

Georgia ranks 19th of 122 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 33 years of available data.

External debt stocks in Georgia, year by year

Annual values for External debt stocks (% of GNI) in Georgia, 1992 to 2024.
Year % of GNI Change
1992 2.2%
1993 21.0% +872.9%
1994 58.7% +179.0%
1995 48.2% -17.9%
1996 45.0% -6.6%
1997 40.3% -10.5%
1998 43.3% +7.5%
1999 62.8% +45.0%
2000 59.0% -6.1%
2001 58.9% -0.1%
2002 59.7% +1.3%
2003 53.7% -10.1%
2004 44.6% -17.0%
2005 33.3% -25.2%
2006 32.5% -2.3%
2007 29.3% -10.1%
2008 60.6% +107.2%
2009 80.9% +33.4%
2010 72.0% -11.0%
2011 78.3% +8.7%
2012 80.8% +3.3%
2013 79.1% -2.1%
2014 79.5% +0.5%
2015 96.5% +21.4%
2016 107.4% +11.3%
2017 102.0% -5.0%
2018 99.3% -2.7%
2019 111.3% +12.1%
2020 131.7% +18.3%
2021 124.4% -5.5%
2022 100.3% -19.4%
2023 85.0% -15.3%
2024 79.7% -6.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.2% 2.2% 62.8% 8
2000s 51.3% 29.3% 80.9% 10
2010s 90.6% 72.0% 111.3% 10
2020s 104.2% 79.7% 131.7% 5

Countries ranked near Georgia

  1. 16 Nicaragua 82.8% compare
  2. 17 Dominica 82.4% compare
  3. 18 North Macedonia 81.2% compare
  4. 20 Angola 79.6% compare
  5. 21 Tunisia 77.7% compare
  6. 22 Jamaica 76.1% compare

See the full ranking of 134 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is external debt stocks in Georgia?
External debt stocks in Georgia was 79.7% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest external debt stocks recorded in Georgia?
The highest recorded value was 131.7% in 2020.
What is the lowest external debt stocks recorded in Georgia?
The lowest recorded value was 2.2% in 1992.
How does Georgia rank for external debt stocks?
Georgia ranks 19th out of 122 countries with data for 2024.
Is external debt stocks rising or falling in Georgia?
Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.

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External debt stocks in Georgia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/external-debt-stocks-percent-of-gni/georgia/

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About this data

Indicator
External debt stocks (% of GNI)
Unit
% of GNI
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,178 data points, 1970–2024
Last refreshed

Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.