Share of government expenditure going to interest payments in Georgia

Georgia: Share of government expenditure going to interest payments was 5.86 in 2023. ◆ Volatile

Latest (2023)
5.86
Change on year
up 39.6%
World rank
84th
of 152 countries
All-time high
18.63
in 2000
All-time low
2.12
in 2008
Years of data
29
1995–2023

Share of government expenditure going to interest payments in Georgia, 1995–2023

051015201995200920231995: 3.81996: 8.51997: 9.31998: 14.91999: 15.62000: 18.62001: 10.72002: 12.82003: 13.52004: 7.32005: 4.82006: 3.12007: 2.22008: 2.12009: 32010: 3.62011: 4.72012: 3.72013: 3.32014: 2.92015: 3.42016: 3.82017: 4.32018: 4.82019: 52020: 5.32021: 4.82022: 4.22023: 5.9

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Georgia is 5.86, measured in 2023.

Compared with earlier readings it is up 39.6% on the previous year and up 80.3% over ten years.

Over the whole period, share of government expenditure going to interest payments in Georgia peaked at 18.63 in 2000 and was at its lowest, 2.12, in 2008.

Georgia ranks 84th of 152 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Georgia, year by year

Annual values for Share of government expenditure going to interest payments in Georgia, 1995 to 2023.
Year Value Change
1995 3.76
1996 8.54 +127.0%
1997 9.31 +8.9%
1998 14.91 +60.2%
1999 15.57 +4.4%
2000 18.63 +19.7%
2001 10.73 -42.4%
2002 12.77 +19.0%
2003 13.49 +5.7%
2004 7.34 -45.6%
2005 4.75 -35.3%
2006 3.11 -34.5%
2007 2.19 -29.5%
2008 2.12 -3.5%
2009 2.97 +40.2%
2010 3.62 +21.8%
2011 4.68 +29.4%
2012 3.67 -21.7%
2013 3.25 -11.4%
2014 2.94 -9.5%
2015 3.41 +16.0%
2016 3.79 +11.1%
2017 4.29 +13.1%
2018 4.8 +11.9%
2019 5.01 +4.4%
2020 5.31 +6.0%
2021 4.85 -8.7%
2022 4.2 -13.4%
2023 5.86 +39.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.42 3.76 15.57 5
2000s 7.81 2.12 18.63 10
2010s 3.95 2.94 5.01 10
2020s 5.05 4.2 5.86 4

Countries ranked near Georgia

  1. 81 Mongolia 6.01 compare
  2. 82 Spain 5.91 compare
  3. 83 San Marino 5.88 compare
  4. 85 Ukraine 5.8 compare
  5. 86 Portugal 5.73 compare
  6. 87 Thailand 5.49 compare

See the full ranking of 152 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is share of government expenditure going to interest payments in Georgia?
Share of government expenditure going to interest payments in Georgia was 5.86 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Georgia?
The highest recorded value was 18.63 in 2000.
What is the lowest share of government expenditure going to interest payments recorded in Georgia?
The lowest recorded value was 2.12 in 2008.
How does Georgia rank for share of government expenditure going to interest payments?
Georgia ranks 84th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Georgia?
Over the last ten years it is up 80.3%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Georgia. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/georgia/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed