In the first three quarters of 2015, compared to the indicator of 2014, the external public debt declined by 0.1%, while the corresponding indicator in GEL increased (27.7%), this is attributable to changes in the exchange rate. Hence, the public debt increased by 25.5%. Compared to 2014, the indicator of domestic debt also increased by 16.5%.
In this period, the Government of Georgia’s three largest multilateral creditors were: International Development Association (IDA) - 41.7%; International Bank for Reconstruction and Development (IBRD) - 20.9%; and Asian Development Bank (ADB) - 16.4%. The largest bilateral creditors are Germany (38.1%), Japan (22.2%) and Russia (12.3%).