Nonbank financial institutions’ assets to GDP in Georgia

Georgia: Nonbank financial institutions’ assets to GDP was 2.9% in 2021. ▲ Rising

Latest (2021)
2.9%
Change on year
down 6.8%
World rank
65th
of 84 countries
All-time high
4.8%
in 2016
All-time low
1.3%
in 2008
Years of data
14
2008–2021

Nonbank financial institutions’ assets to GDP in Georgia, 2008–2021

123452008201420212008: 1.3 %2009: 1.7 %2010: 2 %2011: 2.4 %2012: 3.2 %2013: 3.2 %2014: 3.4 %2015: 4.3 %2016: 4.8 %2017: 3.4 %2018: 3.1 %2019: 2.9 %2020: 3.1 %2021: 2.9 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, nonbank financial institutions’ assets to gdp in Georgia stood at 2.9%.

That represents a change of down 6.8% on the previous year and up 20.0% over ten years.

Over the whole period, nonbank financial institutions’ assets to gdp in Georgia peaked at 4.8% in 2016 and was at its lowest, 1.3%, in 2008.

Georgia ranks 65th of 84 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Nonbank financial institutions’ assets to GDP in Georgia, year by year

Annual values for Nonbank financial institutions’ assets to GDP (%) in Georgia, 2008 to 2021.
Year % Change
2008 1.3%
2009 1.7% +31.3%
2010 2.0% +16.5%
2011 2.4% +18.2%
2012 3.2% +34.8%
2013 3.2% -0.9%
2014 3.4% +5.5%
2015 4.3% +27.6%
2016 4.8% +10.8%
2017 3.4% -28.6%
2018 3.1% -9.0%
2019 2.9% -7.2%
2020 3.1% +7.1%
2021 2.9% -6.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.5% 1.3% 1.7% 2
2010s 3.3% 2.0% 4.8% 10
2020s 3.0% 2.9% 3.1% 2

Countries ranked near Georgia

  1. 62 Singapore 3.0% compare
  2. 63 Ecuador 3.0% compare
  3. 64 Nicaragua 2.9% compare
  4. 66 Djibouti 2.9%
  5. 67 Kuwait 2.7% compare
  6. 68 Malawi 2.7%

See the full ranking of 84 places →

More financial sector data for Georgia

All data for Georgia →

Frequently asked questions

What is nonbank financial institutions’ assets to gdp in Georgia?
Nonbank financial institutions’ assets to gdp in Georgia was 2.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest nonbank financial institutions’ assets to gdp recorded in Georgia?
The highest recorded value was 4.8% in 2016.
What is the lowest nonbank financial institutions’ assets to gdp recorded in Georgia?
The lowest recorded value was 1.3% in 2008.
How does Georgia rank for nonbank financial institutions’ assets to gdp?
Georgia ranks 65th out of 84 countries with data for 2021.
Is nonbank financial institutions’ assets to gdp rising or falling in Georgia?
Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.

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Nonbank financial institutions’ assets to GDP in Georgia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/nonbank-financial-institutions-assets-to-gdp-percent/georgia/

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About this data

Indicator
Nonbank financial institutions’ assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
84 places, 2,127 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by 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 other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).