As of July 2025, Georgia's public external debt amounted to $9.041 billion (24.473 billion GEL at today's exchange rate) that is $229.394 million more than in the same period last year.
In particular, according to data published by the Georgian Ministry of Finance, as of July 2024, the volume of public debt amounted to US$8.812 billion.
As of July 2025, the government's direct external debt amounted to US$8.705 billion, of which US$6.623 billion was owed to multilateral creditors and US$1.483 billion to bilateral creditors. It is worth noting that during the reporting period, the external liabilities of the National Bank of Georgia amounted to US$335.9 million.
As of July 2025, the largest creditors of the Georgian state are: the Asian Development Bank (ADB), the European Investment Bank (EIB), and the International Development Bank (IDB).
Main creditors as of July 31, 2025:
• Asian Development Bank (ADB) – US$2.438 billion
• World Bank, International Bank for Reconstruction and Development (IBRD) – US$1.733 billion
• European Investment Bank (EIB) – US$1.180 billion
• World Bank, International Development Association (IDA) – US$438.4 million
• International Monetary Fund (IMF) – US$165.9 million
The Georgian government owed neighbouring countries $6.237 million.
In addition, the Georgian government owed France $844 million, Germany $586 million, Japan $120.9 million, etc.
Furthermore, the government owed money to all of Georgia's neighbouring countries, namely:
• Russia – $3.997 million;
• Turkey – $1.139 million;
• Azerbaijan – $585,000;
• Armenia – $516,000.
