2018 data: How much did Georgia spend on debts?
Georgia’s domestic debt reduced by 11% compared to 2017, while the external debt increased by 8%. Photo: State Audit Office.
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Georgia spent 2.4 billion GEL (about $0.89b/€0.79b) on both external and domestic debts in 2018, announces the State Audit Office of Georgia.
More specifically, 984 million GEL (about $365.12m/€324.62m) was spent on external debt, while 1.49 billion (about $0.55b/€0.49b) was spent on domestic debt last year.
- See the budget monitor of the State Audit Office here.
Georgia’s domestic debt reduced by 11% compared to 2017, while the external debt increased by 8%.
Dynamics of public debt of Georgia. Photo: State Audit Office.
The State Audit Office said that Georgia will have the biggest expenditure for paying off state debt in 2021 and it will amount to 2.6 billion GEL (about $0.96b/€0.86b).
This year Georgia owes 19.8 billion GEL (about $7.35b/€6.53b), 78% of which is external debt.
During the current year Georgia will pay 1.8 billion GEL (about $0.67b/€0.59b) in debts.
Georgia currently owes $17.8 billion in external debt, and this amount is increasing, says the National Bank of Georgia (NBG).
Georgia currently owes $17.2 billion in external debt, and this amount is growing, says the National Bank of Georgia (NBG). During the fourth quarter (4) of 2017, the gross external debt of Georgia increased by $342.9 million.
Georgia currently owes $17.2 billion in external debt, and this amount is decreasing, says the National Bank of Georgia (NBG).
Georgia currently owes $17.4 billion in external debt and this amount is decreasing, says the National Bank of Georgia (NBG).
Georgia currently owes $17.8 billion in external debt, and this amount is increasing, says the National Bank of Georgia (NBG). During the first quarter of 2019, the gross external debt of Georgia increased by $10.2 million.
In the second quarter of 2019, the gross external debt increased by $385.3 mln and reached $18.2 billion as of June 30, says the National Bank of Georgia.
As of December 2019, the external debt of Georgia amounted to $18.6 billion, which was 105.1 per cent of the gross domestic product of the year, says the National Bank of Georgia.