Number of Borrowers, Commercial Banks, of Which: Household Sector in Georgia
Georgia: Number of Borrowers, Commercial Banks, of Which: Household Sector was 1.60 million in 2024. ◆ Volatile
Number of Borrowers, Commercial Banks, of Which: Household Sector in Georgia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of borrowers, commercial banks, of which: household sector in Georgia is 1.60 million, measured in 2024.
That represents a change of up 4.2% on the previous year and up 15.9% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Georgia peaked at 1.92 million in 2018 and was at its lowest, 62,160, in 2004.
Georgia ranks 40th of 89 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 62,160 | — |
| 2005 | 92,466 | +48.8% |
| 2006 | 186,317 | +101.5% |
| 2007 | 343,142 | +84.2% |
| 2008 | 459,786 | +34.0% |
| 2009 | 534,535 | +16.3% |
| 2010 | 660,673 | +23.6% |
| 2011 | 906,467 | +37.2% |
| 2012 | 966,044 | +6.6% |
| 2013 | 1.23 million | +26.9% |
| 2014 | 1.38 million | +12.7% |
| 2015 | 1.31 million | -4.8% |
| 2016 | 1.38 million | +5.1% |
| 2017 | 1.68 million | +21.7% |
| 2018 | 1.92 million | +14.0% |
| 2019 | 1.57 million | -18.0% |
| 2020 | 1.63 million | +3.9% |
| 2021 | 1.56 million | -4.3% |
| 2022 | 1.58 million | +0.8% |
| 2023 | 1.54 million | -2.4% |
| 2024 | 1.60 million | +4.2% |
Georgia compared with similar countries
- Georgia's 1.60 million is below the median for upper middle income countries, which is 1.67 million, 96% of the median. (32 countries reporting)
- Georgia's 1.60 million is below the median for Europe & Central Asia, which is 2.53 million, 63% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 279,734 | 62,160 | 534,535 | 6 |
| 2010s | 1.30 million | 660,673 | 1.92 million | 10 |
| 2020s | 1.58 million | 1.54 million | 1.63 million | 5 |
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 number of borrowers, commercial banks, of which: household sector in Georgia?
- Number of borrowers, commercial banks, of which: household sector in Georgia was 1.60 million in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Georgia?
- The highest recorded value was 1.92 million in 2018.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Georgia?
- The lowest recorded value was 62,160 in 2004.
- How does Georgia rank for number of borrowers, commercial banks, of which: household sector?
- Georgia ranks 40th out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Georgia?
- Over the last ten years it is up 15.9%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.