Georgia Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Georgia's credit to gdp was 61.20% in 2025, ranked 45th globally. This represents a 10.1% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Georgia's credit to gdp stood at 61.20% in 2025, a decline of +6.88% from 2024. Based on recent trends, this figure is projected to reach 61.20% by 2025. Georgia ranked 45th globally.
Georgia’s credit to GDP ratio has risen markedly over the 18‑year span from 34.44 in 2008 to 61.20 in 2025, placing it 45th globally. The indicator peaked at 79.04 in 2020, reflecting a surge in borrowing that coincided with post‑pandemic fiscal stimulus, before retreating to a trough of 31.85 in 2010 during the global financial crisis. The recent level is virtually identical to that of El Salvador (61.22) and closely matches Kosovo (61.26), suggesting Georgia now operates with a credit profile comparable to these emerging economies. The sustained upward trajectory since the 2010 trough indicates expanding access to external financing, while the modest decline from the 2020 peak points to a gradual rebalancing of debt levels. Continued improvement in fiscal consolidation and diversification of financing sources will be crucial to maintain the current upward trend and prevent a reversal toward higher debt burdens.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 55.45% | - | - |
| 2026* trend | 58.33% | - | - |
| 2025* trend | 61.20% | - | - |
| 2025 | 61.20% | −6.88% | #45 |
| 2024 | 68.08% | +2.02% | #90 |
| 2023 | 66.06% | +3.00% | #110 |
| 2022 | 63.05% | −9.84% | #111 |
| 2021 | 72.89% | −6.15% | #125 |
| 2020 | 79.04% | +14.02% | #126 |
| 2019 | 65.02% | +5.50% | #126 |
| 2018 | 59.51% | +4.44% | #116 |
| 2017 | 55.07% | +1.08% | #111 |
| 2016 | 53.99% | +5.76% | #108 |
| 2015 | 48.23% | +3.28% | #92 |
| 2014 | 44.95% | +5.04% | #92 |
| 2013 | 39.90% | +4.37% | #88 |
| 2012 | 35.54% | +2.66% | #80 |
| 2011 | 32.88% | +1.03% | #77 |
Analysis
Georgia's credit to gdp was 61.20% in 2025, a decline of −6.88% from 2024. Based on trends, estimated 61.20% by 2025.
Frequently Asked Questions
Georgia's credit to gdp was 61.20% in 2025. Ranked 45th globally. This represents a 10.1% decrease from the previous year.
Georgia's credit to gdp peaked at 79.04% in 2020.
The lowest credit to gdp in Georgia was 31.85% in 2010.
Georgia ranks 45th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Georgia's credit to gdp is projected to reach 61.20% by 2025 based on trend extrapolation.
The credit to gdp of Georgia in 2025 was 61.20%. This ranks 45th in the world.
Cite this page
@misc{historysaid_georgia_credit-to-gdp,
title = {Georgia Credit to GDP},
url = {https://historysaid.com/georgia/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}