Net lending (+) / net borrowing (-) in Georgia
Georgia: Net lending (+) / net borrowing (-) was -1.99 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Georgia is -1.99 billion current LCU, measured in 2024.
That represents a change of down 22.1% on the previous year and down 183.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Georgia peaked at 214.50 million current LCU in 2006 and was at its lowest, -4.12 billion current LCU, in 2020.
Georgia ranks 63rd of 156 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -184.44 million current LCU | -275.50 million current LCU | -108.60 million current LCU | 5 |
| 2000s | -139.55 million current LCU | -1.40 billion current LCU | 214.50 million current LCU | 10 |
| 2010s | -522.47 million current LCU | -966.10 million current LCU | -121.00 million current LCU | 10 |
| 2020s | -2.63 billion current LCU | -4.12 billion current LCU | -1.63 billion current LCU | 5 |
Countries ranked near Georgia
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.3% (2024)
- Taxes on income, profits and capital gains 38.5% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.6% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Georgia?
- Net lending (+) / net borrowing (-) in Georgia was -1.99 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Georgia?
- The highest recorded value was 214.50 million current LCU in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in Georgia?
- The lowest recorded value was -4.12 billion current LCU in 2020.
- How does Georgia rank for net lending (+) / net borrowing (-)?
- Georgia ranks 63rd out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Georgia?
- Over the last ten years it is down 183.7%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.