Georgia Government Debt To GDP

Georgia recorded a Government Debt to GDP of 32.70 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Georgia is reported by the National Bank of Georgia. From 2004 until 2012, Georgia Government Debt To GDP averaged 33.0 Percent reaching an all time high of 43.6 Percent in December of 2004 and a record low of 21.6 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
32.70 33.88 43.62 21.55 32.27 | 2013/12 2004 - 2012 Percent Yearly

TO

Georgia Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 32.70 2012-12-31 33.88 43.62 21.55 32.27 2013-12-31 Percent [+]
Government Spending 1394.90 2013-11-15 1060.90 1441.10 41.10 1231.41 2014-03-31 GEL Million [+]
Government Budget -2.90 2013-12-31 -0.50 4.50 -6.70 -3.50 2014-06-30 Percent of GDP [+]
Credit Rating 40.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Exports in Georgia increased to 256.39 USD Million in March of 2014 from 216.15 USD Million in February of 2014. Exports in Georgia is reported by the National Bank of Georgia.
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Consumer Price Index (CPI) in Georgia decreased to 157.71 Index Points in March of 2014 from 157.87 Index Points in February of 2014. Consumer Price Index (CPI) in Georgia is reported by the National Bank of Georgia.
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The number of employed persons in Georgia increased to 507.40 Thousand in the third quarter of 2013 from 503.50 Thousand in the second quarter of 2013. Employed Persons in Georgia is reported by the National Statistics Office of Georgia.
Georgia GDP Constant Prices at 4221.00 GEL Million  
GDP Constant Prices in Georgia increased to 4221 GEL Million in the fourth quarter of 2013 from 3897.80 GEL Million in the third quarter of 2013. GDP Constant Prices in Georgia is reported by the National Statistics Office of Georgia.
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GDP Deflator in Georgia increased to 99.35 Index Points in the fourth quarter of 2013 from 99.24 Index Points in the third quarter of 2013. GDP Deflator in Georgia is reported by the National Statistics Office of Georgia.
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