The National Statistics Office of Georgia (Geostat) reports, that according to the survey, at the end of 2023 the assets of non-financial corporations amounted to 142.4 billion GEL, 4.1 percent of which was in foreign currency. Out of total assets, the volume of financial assets was 29.5 billion GEL.
In 2023, the volume of short-term assets out of the total financial assets was 6.6 billion GEL and the liquidity percentage was 44.8.
At the end of 2023, liabilities of non-financial corporations amounted to 72.3 billion GEL (of which, short-term liabilities were 19.9 billion GEL).
Out of total liabilities, liabilities in foreign currency amounted to 15.8 billion GEL1 . At the end of 2023, out of total debt, debt to non-residents (Foreign Debt) amounted to 9.9 billion GEL.
The volume of capital and reserves by the end of 2023 amounted to 70.1 billion GEL.
In 2023, interest expenses of non-financial corporations amounted to 2.7 billion GEL and total income was 18.5 billion GEL.
In 2023, expenditures on debt service (repaying base debt obligation plus interest payment on loan) amounted to 13.4 billion GEL. Out of this amount, debt service as the interest payment was 1.8 billion GEL. Debt service provided by loans from individuals equaled 114.4 million GEL, and debt service provided by other non-financial corporations was 820.5 million GEL.
