Foreign Debt (USD) fell 0.404% to USD 15,756 bil in Georgia in 2017

Foreign Debt (USD) (USD bil)
Economy | Georgia | May 17, 2019
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Foreign debt reached 15,820 USD bil in 2016 in Georgia, according to the National Statistical Office. This is 0.405 % more than in the previous year.

Historically, foreign debt in Georgia reached an all time high of 15,820 USD bil in 2016 and an all time low of 79.3 USD bil in 1992. When compared to Georgia's main peers, foreign debt in Armenia amounted to 9,956 USD bil, 15,016 USD bil in Azerbaijan, 525,650 USD bil in Russia and 409,016 USD bil in Turkey in 2016.

Georgia has been ranked 45th within the group of 111 countries we follow in terms of foreign debt, 27 places above the position seen 10 years ago.

Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.

Foreign Debt (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Armenia USD bil 7,411 7,641 8,681 8,556 8,931
Azerbaijan USD bil 7,760 10,918 10,700 12,350 13,758
Bulgaria USD bil 47,642 51,299 51,473 46,889 40,115
China USD bil 1,044,355 1,138,247 1,471,616 1,770,458 1,325,868
Georgia USD bil 10,818 12,125 13,103 13,657 14,375
Germany USD bil ... ... ... ... ... ... ... ... ...
Greece USD bil ... ... ... ... ... ... ... ... ...
Iran USD bil 17,260 7,472 6,994 5,797 6,373
Iraq USD bil ... ... ... ... ... ... ... ... ...
Japan USD bil ... ... ... ... ... ... ... ... ...
Russia USD bil 544,318 591,796 668,469 549,603 467,699
Turkey USD bil 305,570 338,827 390,350 406,081 399,966
USA USD bil ... ... ... ... ... ... ... ... ...