Private Sector Credit Statistics in Georgia (2026)
As of 2024, domestic credit to the private sector in Georgia was 68.3% of GDP, per World Bank World Development Indicators data. Up from 66.4% of GDP in 2023 to 68.3% of GDP in 2024 (+1.9 percentage points). Georgia ranks #14 of 47 economies in Europe & Central Asia on this measure, and #42 of 160 globally.
Key Statistics
- Latest value (2024)
- 68.3% of GDP (2024)
- Private Sector Credit in Georgia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +1.9 pp (2024)
- Up from 66.4% of GDP in 2023 to 68.3% of GDP in 2024 (+1.9 percentage points).
- Earliest value in this dataset (2008)
- 34.4% of GDP (2008)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 34.4% of GDP in 2008 to 68.3% of GDP in 2024.
- Peak value (2020)
- 79.1% of GDP (2020)
- Highest value in the available series; the 2024 value is 68.3% of GDP.
- Rank in Europe & Central Asia
- #14 of 47 (2024)
- Georgia ranks 14 of 47 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #42 of 160 (2024)
- Georgia ranks 42 of 160 countries with data globally.
- Europe & Central Asia average
- 57.3% of GDP (2024)
- Georgia (68.3% of GDP) is above the average of 57.3% of GDP across the 47 countries in Europe & Central Asia with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 65.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 65% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Georgia (2024)
- 83.8% (2024)
- 83.8% of the population in Georgia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3.7 million (2024)
- Georgia had a population of 3.7 million in 2024 (World Bank); shown for scale only.
Trend, 2008–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 68.3% | +1.9 pp |
| 2023 | 66.4% | +3.3 pp |
| 2022 | 63.1% | −9.8 pp |
| 2021 | 72.9% | −6.2 pp |
| 2020 | 79.1% | +14.0 pp |
| 2019 | 65% | +5.5 pp |
| 2018 | 59.5% | +4.5 pp |
| 2017 | 55.1% | +1.1 pp |
| 2016 | 54% | +5.8 pp |
| 2015 | 48.2% | +3.3 pp |
| 2014 | 44.9% | +5.0 pp |
| 2013 | 39.9% | +4.4 pp |
| 2012 | 35.5% | +2.7 pp |
| 2011 | 32.9% | +1.0 pp |
| 2010 | 31.9% | −0.9 pp |
| 2009 | 32.7% | −1.7 pp |
| 2008 | 34.4% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Georgia?
Domestic credit to the private sector in Georgia stood at 68.3% of GDP in 2024, according to World Bank World Development Indicators data.
How has private sector credit in Georgia changed over time?
World Bank World Development Indicators data show a rise from 34.4% of GDP in 2008 to 68.3% of GDP in 2024.
How does Georgia compare with other countries in Europe & Central Asia?
Georgia ranks 14 of 47 countries in Europe & Central Asia with data, with 68.3% of GDP versus a regional average of 57.3% of GDP (latest values per country).
Where does Georgia rank globally on private sector credit?
Georgia ranks 42 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .