Georgia recorded a government debt equivalent to 43 percent of the country's Gross Domestic Product in 2018. Georgia Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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.

Government Debt to GDP in Georgia is expected to reach 43.30 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 42.10 percent in 2021, according to our econometric models.


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Georgia Government Debt to GDP

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


Georgia Government Debt to GDP
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.