Georgia Government Debt to GDP

Georgia recorded a government debt equivalent to 43 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Georgia averaged 37 percent from 2004 until 2018, reaching an all time high of 44.40 percent in 2016 and a record low of 21.55 percent in 2007.

Government Debt to GDP in Georgia is expected to be 44.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Government Debt to GDP is projected to trend around 42.10 percent in 2020, according to our econometric models.

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Georgia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	43.00	44.20	44.40	21.55	percent	[+]
Government Budget	-2.30	-3.20	4.50	-6.70	percent of GDP	[+]
Government Spending	1722.40	2018.50	2018.50	41.10	GEL Million	[+]
Government Revenues	1032.10	752.60	1096.50	148.50	GEL Million	[+]
Fiscal Expenditure	930.90	774.70	1377.00	132.00	GEL Million	[+]
Military Expenditure	312.00	308.00	927.00	33.70	USD Million	[+]
Credit Rating	37.50					[+]
Government Budget Value	-22.10	92.20	387.20	-319.40	GEL Million	[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	43.00	44.20	44.40	21.55	2004 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	238.20	Dec/18	238	238 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.30	Dec/18	68.9	83.23 : 47.94	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%