Domestic credit to private sector by banks in Georgia
Georgia: Domestic credit to private sector by banks was 65.9% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Georgia, 1995–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Georgia is 65.9%, measured in 2025.
Compared with earlier readings it is up 0.6% on the previous year and up 49.7% over ten years.
Over the whole period, domestic credit to private sector by banks in Georgia peaked at 76.0% in 2020 and was at its lowest, 3.3%, in 1996.
Georgia ranks 44th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 6.1% | — |
| 1996 | 3.3% | -46.0% |
| 1997 | 3.8% | +16.3% |
| 1998 | 4.8% | +24.3% |
| 1999 | 6.0% | +25.4% |
| 2000 | 7.4% | +23.4% |
| 2001 | 7.5% | +1.4% |
| 2002 | 7.9% | +4.7% |
| 2003 | 8.6% | +10.0% |
| 2004 | 9.8% | +13.0% |
| 2005 | 14.7% | +50.7% |
| 2006 | 19.4% | +31.8% |
| 2007 | 27.9% | +43.7% |
| 2008 | 33.1% | +18.8% |
| 2009 | 31.0% | -6.5% |
| 2010 | 29.8% | -3.6% |
| 2011 | 30.5% | +2.3% |
| 2012 | 32.4% | +6.0% |
| 2013 | 36.8% | +13.5% |
| 2014 | 41.6% | +13.3% |
| 2015 | 44.0% | +5.7% |
| 2016 | 49.3% | +12.1% |
| 2017 | 51.7% | +4.9% |
| 2018 | 56.5% | +9.2% |
| 2019 | 62.2% | +10.1% |
| 2020 | 76.0% | +22.2% |
| 2021 | 70.0% | -7.8% |
| 2022 | 60.3% | -13.9% |
| 2023 | 63.6% | +5.4% |
| 2024 | 65.5% | +2.9% |
| 2025 | 65.9% | +0.6% |
Georgia compared with similar countries
- Georgia's 65.9% is above the median for upper middle income countries, which is 39.8%, 1.7× the median. (55 countries reporting)
- Georgia's 65.9% is above the median for Europe & Central Asia, which is 52.1%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.8% | 3.3% | 6.1% | 5 |
| 2000s | 16.7% | 7.4% | 33.1% | 10 |
| 2010s | 43.5% | 29.8% | 62.2% | 10 |
| 2020s | 66.9% | 60.3% | 76.0% | 6 |
Countries ranked near Georgia
- 41 United Arab Emirates 68.0% compare
- 42 Panama 66.8% compare
- 43 Belgium 66.8% compare
- 45 Saint Kitts and Nevis 65.0% compare
- 46 Saudi Arabia 64.3% compare
- 47 Oman 63.2% compare
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 domestic credit to private sector by banks in Georgia?
- Domestic credit to private sector by banks in Georgia was 65.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Georgia?
- The highest recorded value was 76.0% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Georgia?
- The lowest recorded value was 3.3% in 1996.
- How does Georgia rank for domestic credit to private sector by banks?
- Georgia ranks 44th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Georgia?
- Over the last ten years it is up 49.7%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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. 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.