Georgia vs Sub-Saharan Africa (excluding high income): Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- Georgia
- Sub-Saharan Africa (excluding high income)
How they compare
Georgia currently reports 65.9% against 24.7% in Sub-Saharan Africa (excluding high income), a difference of 41.2%.
That makes Georgia's figure about 2.7 times Sub-Saharan Africa (excluding high income)'s.
The two have swapped places 1 time across 29 shared years of data; in 1995 it was Sub-Saharan Africa (excluding high income) ahead.
Georgia ranks 44th and Sub-Saharan Africa (excluding high income) ranks 42nd of 187 countries.
Across the 4 decades both report, Georgia averaged higher in 2 and Sub-Saharan Africa (excluding high income) in 2.
Head to head by decade
| Decade | Georgia | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.8% | 24.8% | 20.0% | Sub-Saharan Africa (excluding high income) |
| 2000s | 16.7% | 27.9% | 11.2% | Sub-Saharan Africa (excluding high income) |
| 2010s | 43.5% | 26.4% | 17.0% | Georgia |
| 2020s | 67.5% | 23.5% | 44.0% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, Georgia or Sub-Saharan Africa (excluding high income)?
- Georgia, at 65.9% against 24.7% in Sub-Saharan Africa (excluding high income) as of 2025.
- What is the difference in domestic credit to private sector by banks between Georgia and Sub-Saharan Africa (excluding high income)?
- 41.2%, with Georgia ahead.
- How many years of comparable data are there for Georgia and Sub-Saharan Africa (excluding high income)?
- 29 years are reported by both, from 1995 to 2023.
- How do Georgia and Sub-Saharan Africa (excluding high income) rank globally for domestic credit to private sector by banks?
- Georgia ranks 44th and Sub-Saharan Africa (excluding high income) ranks 42nd of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.