Facts
- Government gross debt, % of GDP
- 34.3 % (2025)
- Fiscal balance, % of GDP
- -1.5 % (2025)
- GDP, current prices
- $38.1 bn (2025)
- Current account, % of GDP
- -2.6 % (2025)
- Debt level
- 30–60% of GDP
- Change in debt ratio, last 10 years
- −1.7 pp
- Central government debt, % of GDP (World Bank)
- 40.1 % (2024)
- ISO code
- GEO
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $38.1 bn |
| 2024 | $34.2 bn |
| 2023 | $30.8 bn |
| 2022 | $25.0 bn |
| 2021 | $18.8 bn |
| 2020 | $16.0 bn |
| 2019 | $17.6 bn |
| 2018 | $17.9 bn |
| 2017 | $16.5 bn |
| 2016 | $15.4 bn |
| 2015 | $15.2 bn |
| 2014 | $18.0 bn |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -1.5 % |
| 2024 | -2.3 % |
| 2023 | -2.3 % |
| 2022 | -2.6 % |
| 2021 | -6.0 % |
| 2020 | -9.2 % |
| 2019 | -1.8 % |
| 2018 | -0.8 % |
| 2017 | -0.5 % |
| 2016 | -1.5 % |
| 2015 | -1.2 % |
| 2014 | -1.8 % |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -2.6 % |
| 2024 | -5.3 % |
| 2023 | -5.5 % |
| 2022 | -4.4 % |
| 2021 | -10.3 % |
| 2020 | -12.4 % |
| 2019 | -6.0 % |
| 2018 | -6.7 % |
| 2017 | -8.0 % |
| 2016 | -12.2 % |
| 2015 | -11.6 % |
| 2014 | -9.9 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 34.3 % |
| 2024 | 35.5 % |
| 2023 | 38.7 % |
| 2022 | 39.2 % |
| 2021 | 49.1 % |
| 2020 | 59.6 % |
| 2019 | 40.0 % |
| 2018 | 38.2 % |
| 2017 | 38.9 % |
| 2016 | 39.5 % |
| 2015 | 36.0 % |
| 2014 | 30.3 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2024 | 40.1 |
| 2023 | 43.4 |
| 2022 | 43.0 |
| 2021 | 54.7 |
| 2020 | 65.2 |
| 2019 | 44.7 |
| 2018 | 38.2 |
| 2017 | 38.8 |
| 2016 | 39.5 |
| 2015 | 36.0 |
| 2014 | 30.4 |
| 2013 | 28.9 |