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Georgia - General government gross debt as a share of GDP

44.9 (%) in 2017

Georgia government gross debt as a share of GDP was at level of 44.9 % in 2017, up from 44.4 % previous year.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Georgia government gross debt as a share of GDP?

Date Value Change, %
2017 44.9 1.00 %
2016 44.4 7.16 %
2015 41.4 16.45 %
2014 35.6 2.67 %
2013 34.7 -0.48 %
2012 34.8 -4.61 %
2011 36.5 -13.89 %
2010 42.4 3.34 %
2009 41.0 31.73 %
2008 31.2 22.13 %
2007 25.5 -20.32 %
2006 32.0