Total debt service in Georgia

Georgia: Total debt service was 12.5% in 2023. ◆ Volatile

Latest (2023)
12.5%
Change on year
down 12.7%
World rank
12th
of 119 countries
All-time high
17.7%
in 2016
All-time low
0.2%
in 1994
Years of data
31
1993–2023

Total debt service in Georgia, 1993–2023

051015201993200820231993: 0.486 % of GNI1994: 0.24 % of GNI1995: 0.778 % of GNI1996: 0.427 % of GNI1997: 1.3 % of GNI1998: 5.6 % of GNI1999: 3.9 % of GNI2000: 4.1 % of GNI2001: 2.5 % of GNI2002: 3.9 % of GNI2003: 4.6 % of GNI2004: 4.6 % of GNI2005: 3 % of GNI2006: 3.8 % of GNI2007: 2.1 % of GNI2008: 5.6 % of GNI2009: 7.2 % of GNI2010: 6.6 % of GNI2011: 9.9 % of GNI2012: 9.2 % of GNI2013: 9.8 % of GNI2014: 10.9 % of GNI2015: 14.5 % of GNI2016: 17.7 % of GNI2017: 16.5 % of GNI2018: 14.1 % of GNI2019: 14.6 % of GNI2020: 16.1 % of GNI2021: 15.2 % of GNI2022: 14.4 % of GNI2023: 12.5 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

In 2023, total debt service in Georgia stood at 12.5%.

That represents a change of down 12.7% on the previous year and up 27.6% 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.

That places Georgia 12th out of 119 countries with data for 2023, putting it 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

Annual values for Total debt service (% of GNI) in Georgia, 1993 to 2023.
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 14.4% -5.7%
2023 12.5% -12.7%

Averages by decade

DecadeAverage LowestHighest 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% 4

Countries ranked near Georgia

  1. 9 Nicaragua 13.8% compare
  2. 10 Jamaica 12.7% compare
  3. 11 Mauritius 12.6% compare
  4. 13 Armenia 11.8% compare
  5. 14 North Macedonia 11.6% compare
  6. 15 Belarus 11.3% compare

See the full ranking of 119 places →

More population data for Georgia

All data for Georgia →

Frequently asked questions

What is total debt service in Georgia?
Total debt service in Georgia was 12.5% in 2023, according to UNESCO Institute for Statistics.
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 12th out of 119 countries with data for 2023.
Is total debt service rising or falling in Georgia?
Over the last ten years it is up 27.6%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Georgia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/georgia/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release