Georgia vs Iceland: Bank credit to bank deposits

Georgia
140.3%
in 2021
Iceland
146.2%
in 2021
Georgia rank
11th
Iceland rank
9th

Bank credit to bank deposits over time

  • Georgia
  • Iceland
100200300400196019902021

How they compare

Iceland currently reports 146.2% against 140.3% in Georgia, a difference of 5.9%.

The two have swapped places 7 times across 27 shared years of data; in 1995 it was Georgia ahead.

Georgia ranks 11th and Iceland ranks 9th of 186 countries.

Across the 4 decades both report, Georgia averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Georgia Iceland Difference Ahead
1990s 164.3% 156.8% 7.5% Georgia
2000s 143.3% 255.5% 112.1% Iceland
2010s 139.6% 145.2% 5.6% Iceland
2020s 141.1% 145.1% 3.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Georgia or Iceland?
Iceland, at 146.2% against 140.3% in Georgia as of 2021.
What is the difference in bank credit to bank deposits between Georgia and Iceland?
5.9%, with Iceland ahead.
How many years of comparable data are there for Georgia and Iceland?
27 years are reported by both, from 1995 to 2021.
How do Georgia and Iceland rank globally for bank credit to bank deposits?
Georgia ranks 11th and Iceland ranks 9th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Iceland: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/georgia/iceland/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).