Financial system deposits to GDP (%) in Georgia
Georgia: Financial system deposits to GDP (%) was 50.3% in 2021. ◆ Volatile
Financial system deposits to GDP in Georgia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Georgia recorded 50.3% for financial system deposits to gdp in 2021.
The figure is down 7.0% on the previous year and up 126.5% over ten years.
Over the whole period, financial system deposits to gdp in Georgia peaked at 54.1% in 2020 and was at its lowest, 2.3%, in 1996.
That places Georgia 109th out of 185 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP (%) in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 2.6% | — |
| 1996 | 2.3% | -13.6% |
| 1997 | 3.0% | +33.4% |
| 1998 | 3.2% | +7.1% |
| 1999 | 3.6% | +13.3% |
| 2000 | 5.2% | +41.6% |
| 2001 | 5.8% | +12.3% |
| 2002 | 6.4% | +10.5% |
| 2003 | 7.3% | +14.1% |
| 2004 | 9.2% | +25.9% |
| 2005 | 10.2% | +11.1% |
| 2006 | 13.5% | +31.9% |
| 2007 | 16.8% | +25.0% |
| 2008 | 16.9% | +0.2% |
| 2009 | 19.6% | +16.4% |
| 2010 | 22.1% | +12.6% |
| 2011 | 22.2% | +0.4% |
| 2012 | 23.3% | +5.1% |
| 2013 | 27.8% | +19.0% |
| 2014 | 29.7% | +7.0% |
| 2015 | 32.8% | +10.5% |
| 2016 | 37.7% | +14.9% |
| 2017 | 38.1% | +0.9% |
| 2018 | 40.2% | +5.5% |
| 2019 | 42.4% | +5.5% |
| 2020 | 54.1% | +27.6% |
| 2021 | 50.3% | -7.0% |
Georgia compared with similar countries
- Georgia's 50.3% is below the median for upper middle income countries, which is 56.7%, 89% of the median. (55 countries reporting)
- Georgia's 50.3% is below the median for Europe & Central Asia, which is 66.9%, 75% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.3% | 3.6% | 5 |
| 2000s | 11.1% | 5.2% | 19.6% | 10 |
| 2010s | 31.6% | 22.1% | 42.4% | 10 |
| 2020s | 52.2% | 50.3% | 54.1% | 2 |
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 financial system deposits to gdp in Georgia?
- Financial system deposits to gdp in Georgia was 50.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Georgia?
- The highest recorded value was 54.1% in 2020.
- What is the lowest financial system deposits to gdp recorded in Georgia?
- The lowest recorded value was 2.3% in 1996.
- How does Georgia rank for financial system deposits to gdp?
- Georgia ranks 109th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Georgia?
- Over the last ten years it is up 126.5%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).