Borrowers from commercial banks in Georgia
Georgia: Borrowers from commercial banks was 559.22 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Georgia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Georgia is 559.22 per 1,000 adults, measured in 2024.
That represents a change of up 5.1% on the previous year and up 20.4% over ten years.
Over the whole period, borrowers from commercial banks in Georgia peaked at 653.18 per 1,000 adults in 2018 and was at its lowest, 24.56 per 1,000 adults, in 2004.
That places Georgia 11th out of 113 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Georgia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 24.56 per 1,000 adults | — |
| 2005 | 38.29 per 1,000 adults | +55.9% |
| 2006 | 70.78 per 1,000 adults | +84.8% |
| 2007 | 122.97 per 1,000 adults | +73.7% |
| 2008 | 161.13 per 1,000 adults | +31.0% |
| 2009 | 186.48 per 1,000 adults | +15.7% |
| 2010 | 226.63 per 1,000 adults | +21.5% |
| 2011 | 307.05 per 1,000 adults | +35.5% |
| 2012 | 322.24 per 1,000 adults | +4.9% |
| 2013 | 411.95 per 1,000 adults | +27.8% |
| 2014 | 464.47 per 1,000 adults | +12.8% |
| 2015 | 442.63 per 1,000 adults | -4.7% |
| 2016 | 470.06 per 1,000 adults | +6.2% |
| 2017 | 571.31 per 1,000 adults | +21.5% |
| 2018 | 653.18 per 1,000 adults | +14.3% |
| 2019 | 539.82 per 1,000 adults | -17.4% |
| 2020 | 561.74 per 1,000 adults | +4.1% |
| 2021 | 541.24 per 1,000 adults | -3.6% |
| 2022 | 546.14 per 1,000 adults | +0.9% |
| 2023 | 532.26 per 1,000 adults | -2.5% |
| 2024 | 559.22 per 1,000 adults | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.7 per 1,000 adults | 24.56 per 1,000 adults | 186.48 per 1,000 adults | 6 |
| 2010s | 440.93 per 1,000 adults | 226.63 per 1,000 adults | 653.18 per 1,000 adults | 10 |
| 2020s | 548.12 per 1,000 adults | 532.26 per 1,000 adults | 561.74 per 1,000 adults | 5 |
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 borrowers from commercial banks in Georgia?
- Borrowers from commercial banks in Georgia was 559.22 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Georgia?
- The highest recorded value was 653.18 per 1,000 adults in 2018.
- What is the lowest borrowers from commercial banks recorded in Georgia?
- The lowest recorded value was 24.56 per 1,000 adults in 2004.
- How does Georgia rank for borrowers from commercial banks?
- Georgia ranks 11th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Georgia?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.