Borrowers from commercial banks (per 1,000 adults) in Georgia
Georgia: Borrowers from commercial banks (per 1,000 adults) 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 (per 1,000 adults) 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% |
Georgia compared with similar countries
- Georgia's 559.22 per 1,000 adults is above the median for upper middle income countries, which is 263.02 per 1,000 adults, 2.1× the median. (33 countries reporting)
- Georgia's 559.22 per 1,000 adults is above the median for Europe & Central Asia, which is 400.43 per 1,000 adults, 1.4× the median. (28 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0076 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0055 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0076 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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.