Total factoring volume to GDP in Georgia

Georgia: Total factoring volume to GDP was 1.2% in 2020. β—† Volatile

Latest (2020)
1.2%
Change on year
up 33.3%
World rank
53rd
of 72 countries
All-time high
1.2%
in 2020
All-time low
0.0%
in 2013
Years of data
8
2013–2020

Total factoring volume to GDP in Georgia, 2013–2020

00.250.50.7511.22013201620202013: 0 %2014: 0.034 %2015: 0.102 %2016: 0.097 %2017: 0.185 %2018: 0.182 %2019: 0.881 %2020: 1.2 %

Source: Factors Chain International. Measured in %.

Analysis

The most recent figure for total factoring volume to gdp in Georgia is 1.2%, measured in 2020. That is the highest value across all 8 years on record.

That represents a change of up 33.3% on the previous year and up 1,051.5% over five years.

Georgia ranks 53rd of 72 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.2% 0.0% 0.9% 7
2020s 1.2% 1.2% 1.2% 1

Countries ranked near Georgia

  1. 50 Thailand 1.4% compare
  2. 51 Japan 1.3% compare
  3. 52 Belarus 1.2% compare
  4. 54 Israel 1.1% compare
  5. 55 Argentina 0.9% compare
  6. 56 Tunisia 0.8% compare

See the full ranking of 72 places β†’

More financial sector data for Georgia

All data for Georgia β†’

Frequently asked questions

What is total factoring volume to gdp in Georgia?
Total factoring volume to gdp in Georgia was 1.2% in 2020, according to Factors Chain International.
What is the highest total factoring volume to gdp recorded in Georgia?
The highest recorded value was 1.2% in 2020.
What is the lowest total factoring volume to gdp recorded in Georgia?
The lowest recorded value was 0.0% in 2013.
How does Georgia rank for total factoring volume to gdp?
Georgia ranks 53rd out of 72 countries with data for 2020.
Where does this Georgia data come from?
The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.

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Total factoring volume to GDP in Georgia. Statizoid, drawing on Factors Chain International. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/total-factoring-volume-to-gdp-percent/georgia/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 938 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.