Short-term debt in Georgia
Georgia: Short-term debt was 106.4% in 2024. ▲ Rising
Short-term debt in Georgia, 1995–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Georgia stood at 106.4%. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 27.7% on the previous year and up 33.5% over ten years.
Over the whole period, short-term debt in Georgia peaked at 106.4% in 2024 and was at its lowest, 4.8%, in 1999.
Georgia ranks 12th of 111 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Short-term debt in Georgia, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1995 | 43.0% | — |
| 1996 | 33.2% | -22.9% |
| 1997 | 10.7% | -67.7% |
| 1998 | 21.2% | +98.0% |
| 1999 | 4.8% | -77.2% |
| 2000 | 37.7% | +678.2% |
| 2001 | 48.0% | +27.2% |
| 2002 | 16.4% | -65.8% |
| 2003 | 19.4% | +18.4% |
| 2004 | 27.5% | +41.6% |
| 2005 | 10.5% | -61.7% |
| 2006 | 46.8% | +344.8% |
| 2007 | 48.8% | +4.2% |
| 2008 | 70.0% | +43.6% |
| 2009 | 43.8% | -37.4% |
| 2010 | 48.6% | +11.0% |
| 2011 | 54.9% | +12.8% |
| 2012 | 75.1% | +37.0% |
| 2013 | 73.7% | -1.9% |
| 2014 | 79.7% | +8.1% |
| 2015 | 81.1% | +1.7% |
| 2016 | 85.4% | +5.4% |
| 2017 | 80.4% | -5.9% |
| 2018 | 70.5% | -12.3% |
| 2019 | 64.9% | -7.9% |
| 2020 | 59.3% | -8.6% |
| 2021 | 55.5% | -6.4% |
| 2022 | 77.9% | +40.3% |
| 2023 | 83.3% | +6.9% |
| 2024 | 106.4% | +27.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.6% | 4.8% | 43.0% | 5 |
| 2000s | 36.9% | 10.5% | 70.0% | 10 |
| 2010s | 71.4% | 48.6% | 85.4% | 10 |
| 2020s | 76.5% | 55.5% | 106.4% | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 1,418 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.98 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.186 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,803 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.82 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.5102 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,944 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.59 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Georgia?
- Short-term debt in Georgia was 106.4% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Georgia?
- The highest recorded value was 106.4% in 2024.
- What is the lowest short-term debt recorded in Georgia?
- The lowest recorded value was 4.8% in 1999.
- How does Georgia rank for short-term debt?
- Georgia ranks 12th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Georgia?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.