National Bank of Georgia: gross external debt of Georgia amounted to $17.8 billion
In the third quarter of 2019, the gross external debt of Georgia decreased by $433.6 million. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
As of September 30, 2019 the gross external debt of Georgia amounted to $17.8 billion, announced the National Bank of Georgia today.
In the third quarter of 2019, the gross external debt of Georgia decreased by $433.6 million.
External debt of the public sector amounted to $7.4 billion, which is 42.6 percent of gross domestic product (GDP).
External liabilities of the National Bank of Georgia amounted to $404.6 million, says the NBG.
External debt of the banking sector amounted to $4.2 billion which is 24.4 percent of GDP.
As of September 30, intercompany lending came to $3.3 billion which amounted to 18.8 per cent of gross domestic product.
The net external debt of Georgia amounted to $10.1 billion, while net public sector external debt was $3.8 billion.
Georgia currently owes $17.8 billion in external debt, and this amount is increasing, says the National Bank of Georgia (NBG).
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.
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.
Georgia currently owes $17.4 billion in external debt and this amount is decreasing, says the National Bank of Georgia (NBG).
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.
Georgia currently owes $18.3 billion in external debt, says the National Bank of Georgia (NBG). During the first quarter of 2020, the gross external debt of Georgia decreased by $350.9 million.