Georgia External Debt
Total external debt stocks DT.DOD.DECT.CD
Georgia's external debt was $26.6B in 2025, ranked 43rd globally. This represents a 5.8% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Georgia's external debt stood at $26.6B in 2025, a rise of +$1.5B from 2024. Based on recent trends, this figure is projected to reach $26.6B by 2025. Georgia ranked 43rd globally.
Georgia’s external debt has risen sharply from a modest 79,312,483.00 in 1992 to an all‑time peak of 26,623,341,584.98 in 2025, placing the country at rank 43 globally. Over the 34‑year coverage period the debt stock expanded by more than 33,600 times, reflecting successive borrowing cycles that accelerated after the early 2000s and intensified during recent fiscal consolidation efforts. The 2025 level is comparable to peers such as El Salvador, whose external debt stood at 26,209,703,072.32, and slightly below Guatemala’s 27,157,739,818.79, underscoring a regional convergence among emerging economies with similar financing needs. While the debt trajectory has been upward, the pace may moderate if Georgia sustains current reforms, improves export diversification, and secures concessional financing, which could temper further accumulation and gradually reshape the debt profile.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $29.1B | - | - |
| 2026* trend | $27.9B | - | - |
| 2025* trend | $26.6B | - | - |
| 2025 | $26.6B | +$1.5B | #43 |
| 2024 | $25.2B | +$1.0B | #77 |
| 2023 | $24.1B | +$803.7M | #78 |
| 2022 | $23.3B | +$1.3B | #78 |
| 2021 | $22.0B | +$1.9B | #76 |
| 2020 | $20.1B | +$1.3B | #75 |
| 2019 | $18.7B | +$1.6B | #76 |
| 2018 | $17.1B | +$1.1B | #75 |
| 2017 | $16.0B | +$172.2M | #76 |
| 2016 | $15.8B | +$1.5B | #78 |
| 2015 | $14.4B | +$258.1M | #78 |
| 2014 | $14.1B | +$491.2M | #77 |
| 2013 | $13.6B | +$94.1M | #76 |
| 2012 | $13.5B | +$1.7B | #78 |
| 2011 | $11.8B | +$3.0B | #75 |
Analysis
Georgia's external debt was $26.6B in 2025, a rise of +$1.5B from 2024. Based on trends, estimated $26.6B by 2025.
Frequently Asked Questions
Georgia's external debt was $26.6B in 2025. Ranked 43rd globally. This represents a 5.8% increase from the previous year.
Georgia's external debt peaked at $26.6B in 2025.
The lowest external debt in Georgia was $79.3M in 1992.
Georgia ranks 43rd globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Georgia's external debt is projected to reach $26.6B by 2025 based on trend extrapolation.
Georgia's external debt was approximately 26.62 billion ($26.6B) in 2025.
The external debt of Georgia in 2025 was $26.6B. This ranks 43rd in the world.
Cite this page
@misc{historysaid_georgia_external-debt,
title = {Georgia External Debt},
url = {https://historysaid.com/georgia/external-debt/},
publisher = {HistorySaid},
year = {2026}
}