Georgia - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Georgia was 76.78 as of 2020. Its highest value over the past 25 years was 76.78 in 2020, while its lowest value was 3.30 in 1996.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 6.11
1996 3.30
1997 3.84
1998 4.78
1999 5.99
2000 7.40
2001 7.50
2002 7.85
2003 8.64
2004 9.76
2005 14.71
2006 19.38
2007 27.85
2008 33.09
2009 30.95
2010 30.29
2011 31.27
2012 33.16
2013 37.45
2014 42.42
2015 46.73
2016 53.94
2017 54.64
2018 59.53
2019 64.77
2020 76.78

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Georgia was 79.88 as of 2020. Its highest value over the past 12 years was 79.88 in 2020, while its lowest value was 32.33 in 2010.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2008 34.44
2009 32.72
2010 32.33
2011 33.68
2012 36.41
2013 40.67
2014 45.81
2015 51.06
2016 58.73
2017 58.06
2018 62.65
2019 67.66
2020 79.88

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets