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Georgia Private Credit (% GDP)

Georgia's private credit (% GDP) rose to 68.92% in 2024, up from 66.06% in 2023, according to World Bank. This represents an increase of 2.86% from the previous year. Georgia has private credit (% GDP) higher than the global median (68.92% vs median 39.47%). Compared with the median in Asia, Georgia is higher (68.92% vs regional median 59.91%) and ranks 17th out of 41 countries in Asia.

Yearly Historical Data (2008-2024)

(in %)
Year Private Credit (% GDP)
2024 68.92%
2023 66.06%
2022 63.05%
2021 72.89%
2020 79.04%
2019 65.02%
2018 59.51%
2017 55.07%
2016 53.99%
2015 48.23%
2014 44.95%
2013 39.9%
2012 35.54%
2011 32.88%
2010 31.85%
2009 32.72%
2008 34.44%
Georgia Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Georgia.
Indicator Last Value Prior Value Period
Interest Rate 8% 8% Sep'25