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Bank Loans (USD) rose 20.5% to USD 8.71 bil in Georgia in 2017

Bank Loans (USD) (USD bil), 2017
Banking | Georgia | July 15, 2018
$4.99
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Bank loans rose 20.5% to USD 8.71 bil in Georgia in 2017, according to the National Central Bank.

Historically, bank loans in Georgia reached an all time high of USD 8.71 bil in 2017 and an all time low of USD 0.088 bil in 1996. When compared to Georgia's main peers, bank loans in Armenia amounted to USD 5.53 bil, USD 6.73 bil in Azerbaijan, USD 843 bil in Russia and USD 584 bil in Turkey in 2017.

Georgia has been ranked 70th within the group of 108 countries we follow in terms of bank loans, 18 places above the position seen 10 years ago.

Bank Loans (USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Armenia USD bil 4.32 4.99 5.53 6.47 7.62 ...
Azerbaijan USD bil 13.6 9.02 6.73 ... ... ... ...
Bulgaria USD bil 28.3 30.1 36.6 34.2 36.3 ...
China USD bil ... ... 16,192 16,778 19,964 15,651 17,859
Georgia USD bil 6.76 7.23 8.71 10.0 11.3
Germany USD bil 3,712 3,907 4,761 3,198 3,267
Greece USD bil 239 219 264 171 167
Iran USD bil ... ... ... 146 176 ... ... ... ... ...
Iraq USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Japan USD bil 4,066 4,312 4,461 ... ... ... ...
Russia USD bil 675 771 843 ... 967 ...
Turkey USD bil 537 520 584 ... 486
USA USD bil 8,838 9,382 9,857 ... 10,772

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