The external debt of the banking

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sector amounted to 7.9 billion USD (21.5 billion GEL; 23.9 percent of GDP), the external debt of other sectors - 5.0 billion USD (13.6 billion GEL; 15.2 percent of GDP), and inter-company debt - 2.7 billion USD (7.5 billion GEL; 8.3 percent of GDP). 88.6 percent of the total external debt is denominated in foreign currency.


Georgia's net external debt , as of September 30, 2024, amounted to belgium fax data 12.3 billion USD (33.6 billion GEL), which is 37.3 percent of GDP. Of this, the net external debt of the public sector is 6.7 billion USD (18.2 billion GEL), which is 20.3 percent of GDP. In the third quarter of 2024, the external debt of the National Bank of Georgia increased by 26.


1 million USD, which is mainly a result of exchange rate changes. At the end of the third quarter of 2024, the total external liabilities of the National Bank amounted to 862.0 million USD. Of this, 471.8 million USD are allocated special drawing rights (SDRs)1, which has no maturity date and, in practice, will not be obligated to pay as long as Georgia is a member of the International Monetary Fund.