Bank concentration in Georgia

Georgia: Bank concentration was 84.3% in 2021. ▬ Flat

Latest (2021)
84.3%
Change on year
up 1.6%
World rank
50th
of 169 countries
All-time high
94.7%
in 2001
All-time low
68.5%
in 2000
Years of data
22
2000–2021

Bank concentration in Georgia, 2000–2021

0204060801002000201020212000: 68.5 %2001: 94.7 %2002: 75.6 %2003: 79 %2004: 82.8 %2005: 84.1 %2006: 77.4 %2007: 78.2 %2008: 92 %2009: 90.7 %2010: 92.1 %2011: 92.3 %2012: 89.8 %2013: 87.9 %2014: 87.1 %2015: 72.3 %2016: 79.3 %2017: 80.8 %2018: 84.2 %2019: 82.8 %2020: 82.9 %2021: 84.3 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

Georgia recorded 84.3% for bank concentration in 2021.

That represents a change of up 1.6% on the previous year and down 8.8% over ten years.

Over the whole period, bank concentration in Georgia peaked at 94.7% in 2001 and was at its lowest, 68.5%, in 2000.

Georgia ranks 50th of 169 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 82.3% 68.5% 94.7% 10
2010s 84.9% 72.3% 92.3% 10
2020s 83.6% 82.9% 84.3% 2

Countries ranked near Georgia

  1. 47 Mongolia 85.1% compare
  2. 48 Cyprus 84.8% compare
  3. 49 Venezuela 84.5% compare
  4. 51 Nicaragua 84.0% compare
  5. 52 Jamaica 83.4% compare
  6. 53 Montenegro 83.2% compare

See the full ranking of 169 places →

More financial sector data for Georgia

All data for Georgia →

Frequently asked questions

What is bank concentration in Georgia?
Bank concentration in Georgia was 84.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank concentration recorded in Georgia?
The highest recorded value was 94.7% in 2001.
What is the lowest bank concentration recorded in Georgia?
The lowest recorded value was 68.5% in 2000.
How does Georgia rank for bank concentration?
Georgia ranks 50th out of 169 countries with data for 2021.
Is bank concentration rising or falling in Georgia?
Over the last ten years it is down 8.8%. The long-run trend across the full record is flat.
Where does this Georgia data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.