Georgia: Short-term government debt
* indicates monthly or quarterly data series
| Georgia |
Short-term government debt, percent of total |
|---|---|
| Latest value | 1.62 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2011 - 2024 |
| Average | 3.26 |
| Min - Max | 1.41 - 8.21 |
| Source | The World Bank |
The latest value from 2024 is 1.62 percent, a decline from 2.38 percent in 2023. In comparison, the world average is 8.06 percent, based on data from 131 countries. Historically, the average for Georgia from 2011 to 2024 is 3.26 percent. The minimum value, 1.41 percent, was reached in 2012 while the maximum of 8.21 percent was recorded in 2015.
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Definition: General government debt with maturity of twelve months or less as percent of total government debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 13.85 | 2025 | percent |
| Government spending, in dollars | 5.28 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.30 | 2024 | percent |
| Primary budget balance | -0.68 | 2024 | percent |
| Government expenditure | 3.31 | Q1/2026 | billion |
| Tax revenue | 24.26 | 2024 | percent |
| Commercial tax rate | 9.90 | 2019 | percent |
| Tax preparation time | 216 | 2019 | hours |
| Taxes on goods and services | 44.49 | 2024 | percent |
| Taxes on international trade | 0.52 | 2024 | percent |
| Income and profits taxes | 38.53 | 2024 | percent |
| Foreign aid | 365.22 | 2023 | million U.S. dollars |
| Government debt | 36.10 | 2024 | percent |
| Government debt in foreign currency, percent | 69.87 | 2024 | percent |
| Government debt held by non-residents | 69.87 | 2024 | percent |
| Short-term government debt | 1.62 | 2024 | percent |