Armenia vs Georgia: Domestic credit to private sector
Domestic credit to private sector over time
- Armenia
- Georgia
How they compare
Armenia currently reports 70.5% against 68.4% in Georgia, a difference of 2.1%.
The two have swapped places 3 times across 17 shared years of data; in 2009 it was Georgia ahead.
Armenia ranks 44th and Georgia ranks 45th of 187 countries.
Georgia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.9% | 32.7% | 7.9% | Georgia |
| 2010s | 45.7% | 46.7% | 1.0% | Georgia |
| 2020s | 62.8% | 69.7% | 6.9% | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Armenia or Georgia?
- Armenia, at 70.5% against 68.4% in Georgia as of 2025.
- What is the difference in domestic credit to private sector between Armenia and Georgia?
- 2.1%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Georgia?
- 17 years are reported by both, from 2009 to 2025.
- How do Armenia and Georgia rank globally for domestic credit to private sector?
- Armenia ranks 44th and Georgia ranks 45th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector (% 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 refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.