Services, Credit/Revenue in Georgia
Georgia: Services, Credit/Revenue was 7.71 billion in 2024. ◆ Volatile
Services, Credit/Revenue in Georgia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Georgia stood at 7.71 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 9.1% on the previous year and up 153.2% over ten years.
Over the whole period, services, credit/revenue in Georgia peaked at 7.71 billion in 2024 and was at its lowest, 737.90 million, in 2005.
That places Georgia 79th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Credit/Revenue in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 737.90 million | — |
| 2006 | 913.50 million | +23.8% |
| 2007 | 1.11 billion | +21.2% |
| 2008 | 1.27 billion | +14.8% |
| 2009 | 1.33 billion | +4.6% |
| 2010 | 1.64 billion | +23.4% |
| 2011 | 2.02 billion | +23.0% |
| 2012 | 2.56 billion | +26.9% |
| 2013 | 2.98 billion | +16.4% |
| 2014 | 3.04 billion | +2.1% |
| 2015 | 3.09 billion | +1.4% |
| 2016 | 3.31 billion | +7.3% |
| 2017 | 3.99 billion | +20.4% |
| 2018 | 4.49 billion | +12.5% |
| 2019 | 4.60 billion | +2.5% |
| 2020 | 1.58 billion | -65.6% |
| 2021 | 2.55 billion | +61.2% |
| 2022 | 5.71 billion | +123.7% |
| 2023 | 7.06 billion | +23.8% |
| 2024 | 7.71 billion | +9.1% |
Georgia compared with similar countries
- Georgia's 7.71 billion is above the median for upper middle income countries, which is 5.14 billion, 1.5× the median. (54 countries reporting)
- Georgia's 7.71 billion is below the median for Europe & Central Asia, which is 24.52 billion, 31% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +123.7% | 2.55 billion | 5.71 billion |
| 2020 | -65.6% | 4.60 billion | 1.58 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.07 billion | 737.90 million | 1.33 billion | 5 |
| 2010s | 3.17 billion | 1.64 billion | 4.60 billion | 10 |
| 2020s | 4.92 billion | 1.58 billion | 7.71 billion | 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 services, credit/revenue in Georgia?
- Services, credit/revenue in Georgia was 7.71 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Georgia?
- The highest recorded value was 7.71 billion in 2024.
- What is the lowest services, credit/revenue recorded in Georgia?
- The lowest recorded value was 737.90 million in 2005.
- How does Georgia rank for services, credit/revenue?
- Georgia ranks 79th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Georgia?
- Over the last ten years it is up 153.2%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.