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. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.
Government Debt to GDP in Georgia is expected to reach 45.30 percent by the end of 2020, 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 46.50 percent in 2021 and 45.90 percent in 2022, according to our econometric models.