Government Debt to GDP in Georgia increased to 62.40 percent in 2020 from 41.20 percent in 2019. source: National Bank of Georgia
Government Debt to GDP in Georgia averaged 38.75 percent from 2004 until 2020, reaching an all time high of 62.40 percent in 2020 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 May of 2021.
Government Debt to GDP in Georgia is expected to reach 56.00 percent by the end of 2021, 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 53.00 percent in 2022, according to our econometric models.