Financial Development Index in Georgia
Georgia: Financial Development Index was 0.3065 in 2020. β Volatile
Financial Development Index in Georgia, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Georgia is 0.3065, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 82.9% over ten years.
Over the whole period, financial development index in Georgia peaked at 0.3065 in 2020 and was at its lowest, 0, in 1980.
That places Georgia 78th out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0431 | 0 | 0.0771 | 10 |
| 2000s | 0.1069 | 0.0734 | 0.188 | 10 |
| 2010s | 0.2499 | 0.1676 | 0.3047 | 10 |
| 2020s | 0.3065 | 0.3065 | 0.3065 | 1 |
Countries ranked near Georgia
- 75 Uruguay 0.3148 compare
- 76 Argentina 0.3144 compare
- 77 Lebanon 0.3136 compare
- 79 Egypt, Arab Republic of 0.2997 compare
- 80 St. Kitts and Nevis 0.2954 compare
- 81 Aruba, Kingdom of the Netherlands 0.2912 compare
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)
- Domestic credit to private sector by banks 65.9% (2025)
Frequently asked questions
- What is financial development index in Georgia?
- Financial development index in Georgia was 0.3065 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Georgia?
- The highest recorded value was 0.3065 in 2020.
- What is the lowest financial development index recorded in Georgia?
- The lowest recorded value was 0 in 1980.
- How does Georgia rank for financial development index?
- Georgia ranks 78th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Georgia?
- Over the last ten years it is up 82.9%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.