Retail loans rose 20.5% to USD 4.97 bil in Georgia in 2017, according to the National Central Bank.
Historically, retail loans in Georgia reached an all time high of USD 4.97 bil in 2017 and an all time low of USD 0.110 bil in 2002. When compared to Georgia's main peers, retail loans in Armenia amounted to USD 2.16 bil, USD 2.73 bil in Azerbaijan, USD 211 bil in Russia and USD 135 bil in Turkey in 2017.
Georgia has been ranked 32nd within the group of 45 countries we follow in terms of retail loans, 32 places above the position seen 10 years ago.
Retail 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 | 1.91 | 2.16 | 3.94 | 4.61 | 3.88 | ||||||||||||||||
Azerbaijan | USD bil | 3.31 | 2.73 | ... | ... | ... | ... | ... | ||||||||||||||
Bulgaria | USD bil | 9.97 | 12.0 | ... | ... | ... | ... | ... | ||||||||||||||
China | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Georgia | USD bil | 4.12 | 4.97 | ... | ... | ... | ... | ... | ||||||||||||||
Germany | USD bil | 1,780 | 2,038 | 2,029 | 2,084 | 2,382 | ||||||||||||||||
Greece | USD bil | 112 | 121 | 120 | 115 | 121 | ||||||||||||||||
Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Japan | USD bil | 2,788 | 2,953 | 3,083 | 3,198 | 3,515 | ||||||||||||||||
Russia | USD bil | ... | ... | 178 | 211 | ... | ... | ... | ... | ... | ||||||||||||
Turkey | USD bil | 125 | 135 | 98.8 | 107 | 113 | ||||||||||||||||
USA | USD bil | 14,333 | 14,885 | 15,360 | 15,944 | 16,499 |