Bank deposits to GDP in Georgia
Georgia: Bank deposits to GDP was 50.3% in 2021. ◆ Volatile
Bank deposits to GDP in Georgia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Georgia is 50.3%, measured in 2021.
That represents a change of down 7.0% on the previous year and up 126.5% over ten years.
Over the whole period, bank deposits to gdp in Georgia peaked at 54.1% in 2020 and was at its lowest, 2.3%, in 1996.
Georgia ranks 109th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 2.6% | — |
| 1996 | 2.3% | -13.6% |
| 1997 | 3.0% | +33.4% |
| 1998 | 3.2% | +7.1% |
| 1999 | 3.6% | +13.3% |
| 2000 | 5.2% | +41.6% |
| 2001 | 5.8% | +12.3% |
| 2002 | 6.4% | +10.5% |
| 2003 | 7.3% | +14.1% |
| 2004 | 9.2% | +25.9% |
| 2005 | 10.2% | +11.1% |
| 2006 | 13.5% | +31.9% |
| 2007 | 16.8% | +25.0% |
| 2008 | 16.9% | +0.2% |
| 2009 | 19.6% | +16.4% |
| 2010 | 22.1% | +12.6% |
| 2011 | 22.2% | +0.4% |
| 2012 | 23.3% | +5.1% |
| 2013 | 27.8% | +19.0% |
| 2014 | 29.7% | +7.0% |
| 2015 | 32.8% | +10.5% |
| 2016 | 37.7% | +14.9% |
| 2017 | 38.1% | +0.9% |
| 2018 | 40.2% | +5.5% |
| 2019 | 42.4% | +5.5% |
| 2020 | 54.1% | +27.6% |
| 2021 | 50.3% | -7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.3% | 3.6% | 5 |
| 2000s | 11.1% | 5.2% | 19.6% | 10 |
| 2010s | 31.6% | 22.1% | 42.4% | 10 |
| 2020s | 52.2% | 50.3% | 54.1% | 2 |
Countries ranked near Georgia
More financial sector data for Georgia
- Net domestic credit (current LCU), per capita 19,315 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.99 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.13 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 8.03 million SDR (2025)
- Gold reserves at market value 731.88 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.42 billion SDR (2025)
- Reserves excluding gold 3.76 billion SDR (2025)
- Total reserves (gold at market value) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,142 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Georgia?
- Bank deposits to gdp in Georgia was 50.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Georgia?
- The highest recorded value was 54.1% in 2020.
- What is the lowest bank deposits to gdp recorded in Georgia?
- The lowest recorded value was 2.3% in 1996.
- How does Georgia rank for bank deposits to gdp?
- Georgia ranks 109th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Georgia?
- Over the last ten years it is up 126.5%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).