Total debt service in Georgia
Georgia: Total debt service was 15.2% in 2024. ◆ Volatile
Total debt service in Georgia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Georgia is 15.2%, measured in 2024.
That represents a change of up 21.2% on the previous year and up 39.4% over ten years.
Over the whole period, total debt service in Georgia peaked at 17.7% in 2016 and was at its lowest, 0.2%, in 1994.
Georgia ranks 8th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Georgia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 0.5% | — |
| 1994 | 0.2% | -50.5% |
| 1995 | 0.8% | +224.0% |
| 1996 | 0.4% | -45.1% |
| 1997 | 1.3% | +198.7% |
| 1998 | 5.6% | +337.9% |
| 1999 | 3.9% | -29.5% |
| 2000 | 4.1% | +3.3% |
| 2001 | 2.5% | -38.2% |
| 2002 | 3.9% | +54.5% |
| 2003 | 4.6% | +18.2% |
| 2004 | 4.6% | -0.2% |
| 2005 | 3.0% | -34.4% |
| 2006 | 3.8% | +27.5% |
| 2007 | 2.1% | -44.5% |
| 2008 | 5.6% | +161.8% |
| 2009 | 7.2% | +28.8% |
| 2010 | 6.6% | -8.3% |
| 2011 | 9.9% | +50.2% |
| 2012 | 9.2% | -6.9% |
| 2013 | 9.8% | +6.7% |
| 2014 | 10.9% | +10.9% |
| 2015 | 14.5% | +33.2% |
| 2016 | 17.7% | +21.9% |
| 2017 | 16.5% | -6.8% |
| 2018 | 14.1% | -14.2% |
| 2019 | 14.6% | +3.4% |
| 2020 | 16.1% | +9.9% |
| 2021 | 15.2% | -5.2% |
| 2022 | 13.3% | -12.7% |
| 2023 | 12.5% | -5.8% |
| 2024 | 15.2% | +21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.8% | 0.2% | 5.6% | 7 |
| 2000s | 4.1% | 2.1% | 7.2% | 10 |
| 2010s | 12.4% | 6.6% | 17.7% | 10 |
| 2020s | 14.5% | 12.5% | 16.1% | 5 |
Countries ranked near Georgia
- 5 Papua New Guinea 20.4% compare
- 6 Zambia 17.3% compare
- 7 Kazakhstan 17.3% compare
- 9 Montenegro 15.0% compare
- 10 Lao People's Democratic Republic 13.8% compare
- 11 Serbia 12.2% compare
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 (current US$), per unit of GDP 0.0799 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 774.01 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.219 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,123 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0554 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 536.62 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is total debt service in Georgia?
- Total debt service in Georgia was 15.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Georgia?
- The highest recorded value was 17.7% in 2016.
- What is the lowest total debt service recorded in Georgia?
- The lowest recorded value was 0.2% in 1994.
- How does Georgia rank for total debt service?
- Georgia ranks 8th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Georgia?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.