Domestic credit to private sector in Georgia
Georgia: Domestic credit to private sector was 79.9% in 2020. ▲ Rising
Domestic credit to private sector in Georgia, 2008–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Georgia stood at 79.9%. That is the highest value across all 13 years on record.
That represents a change of up 18.1% on the previous year and up 147.1% over ten years.
Over the whole period, domestic credit to private sector in Georgia peaked at 79.9% in 2020 and was at its lowest, 32.3%, in 2010.
That places Georgia 48th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Domestic credit to private sector in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 34.4% | — |
| 2009 | 32.7% | -5.0% |
| 2010 | 32.3% | -1.2% |
| 2011 | 33.7% | +4.2% |
| 2012 | 36.4% | +8.1% |
| 2013 | 40.7% | +11.7% |
| 2014 | 45.8% | +12.7% |
| 2015 | 51.1% | +11.4% |
| 2016 | 58.7% | +15.0% |
| 2017 | 58.1% | -1.1% |
| 2018 | 62.6% | +7.9% |
| 2019 | 67.7% | +8.0% |
| 2020 | 79.9% | +18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.6% | 32.7% | 34.4% | 2 |
| 2010s | 48.7% | 32.3% | 67.7% | 10 |
| 2020s | 79.9% | 79.9% | 79.9% | 1 |
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 domestic credit to private sector in Georgia?
- Domestic credit to private sector in Georgia was 79.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Georgia?
- The highest recorded value was 79.9% in 2020.
- What is the lowest domestic credit to private sector recorded in Georgia?
- The lowest recorded value was 32.3% in 2010.
- How does Georgia rank for domestic credit to private sector?
- Georgia ranks 48th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Georgia?
- Over the last ten years it is up 147.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.