Total factoring volume to GDP (%) in Georgia
Georgia: Total factoring volume to GDP (%) was 1.2% in 2020. ◆ Volatile
Latest (2020)
1.2%
Change on year
up 33.3%
World rank
54th
of 73 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
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 54th of 73 countries on this measure, in the middle of the range.
Total factoring volume to GDP (%) in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.1% | +196.0% |
| 2016 | 0.1% | -4.4% |
| 2017 | 0.2% | +89.4% |
| 2018 | 0.2% | -1.3% |
| 2019 | 0.9% | +383.4% |
| 2020 | 1.2% | +33.3% |
Georgia compared with similar countries
- Georgia's 1.2% is below the median for upper middle income countries, which is 1.6%, 76% of the median. (21 countries reporting)
- Georgia's 1.2% is below the median for Europe & Central Asia, which is 5.9%, 20% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2% | 0.0% | 0.9% | 7 |
| 2020s | 1.2% | 1.2% | 1.2% | 1 |
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 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 54th out of 73 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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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.