Consumer loans rose 17.3% to USD 2.45 bil in Georgia in 2017, according to the National Central Bank.
Historically, consumer loans in Georgia reached an all time high of USD 2.45 bil in 2017 and an all time low of USD 0.333 bil in 2006. When compared to Georgia's main peers, consumer loans in Armenia amounted to USD 1.73 bil, USD 1.70 bil in Azerbaijan, USD 121 bil in Russia and USD 83.6 bil in Turkey in 2017.
Georgia has been ranked 32nd within the group of 39 countries we follow in terms of consumer loans, 11 places above the position seen 10 years ago.
Consumer Loans (USD) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Armenia | USD bil | ... | ... | ... | 1.53 | 1.73 | 3.42 | 3.86 | 2.96 | |||||||||||||
Azerbaijan | USD bil | ... | ... | ... | ... | 2.35 | 1.70 | ... | ... | ... | ... | ... | ||||||||||
Bulgaria | USD bil | 5.23 | 6.24 | ... | ... | ... | ... | ... | ||||||||||||||
China | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Georgia | USD bil | ... | ... | ... | ... | 2.09 | 2.45 | ... | ... | ... | ... | ... | ||||||||||
Germany | USD bil | 591 | 641 | 750 | 723 | 805 | ||||||||||||||||
Greece | USD bil | 47.1 | 42.1 | 47.0 | 48.5 | 57.8 | ||||||||||||||||
Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Japan | USD bil | 1,100 | 1,173 | 1,208 | 1,233 | 1,386 | ||||||||||||||||
Russia | USD bil | ... | ... | ... | ... | ... | ... | 104 | 121 | ... | ... | ... | ... | ... | ||||||||
Turkey | USD bil | ... | 78.4 | 83.6 | 62.7 | 73.2 | 75.1 | |||||||||||||||
USA | USD bil | 11,288 | 11,745 | 12,138 | 12,607 | 13,124 |