As of January 2026, Georgia's public external debt reached $9.533 billion, an increase of $985.8 million (11.5%) over the year. In January 2025, the debt was $8.548 billion. A significant portion of the debt is attributable to multilateral loans — $7.010 billion, bilateral loans amount to $1.614 billion.
The country's largest creditors remain the Asian Development Bank ($2.581 billion), the World Bank and the International Bank for Reconstruction and Development ($1.916 billion), as well as the European Investment Bank ($1.228 billion). Other significant obligations are to IDA, EBRD and the IMF.
The debt burden also includes obligations to individual states: France ($890 million), Germany ($590 million), Japan ($113 million) and other countries. In general, the growth of external debt reflects the active attraction of international financial resources for the development of the Georgian economy.