Georgia's depositors with commercial banks (per 1,000 adults) was 1,091 in 2024, the latest year in the World Bank's World Development Indicators. That is up 24.72% from 874.96 in 2014 (2.23% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1,091 | 2024 |
| Five years earlier | 911.16 | 2019 |
| Ten years earlier | 874.96 | 2014 |
| Highest | 1,194 | 2018 |
| Lowest | 208.79 | 2004 |
| Average since 2015 | 1,021 | 2015–2024 |
| First recorded | 208.79 | 2004 |
What the numbers say
In 2024, Georgia's depositors with commercial banks (per 1,000 adults) rose 32.52 on 2023 (from 1,059 to 1,091).
Across the 19 yearly changes before that (2005 to 2023), the average change was +44.73 and a typical year strayed about 94.8 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 162.27 in 2021 and the biggest yearly fall was 282.53 in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Georgia had the 35th highest value of the 74 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Georgia in the 2024 ranking
- Bangladesh — 31st of 74: 1,143
- El Salvador — 32nd of 74: 1,111
- Israel — 33rd of 74: 1,098
- Namibia — 35th of 74: 1,056
- Philippines — 36th of 74: 1,029
- Brazil — 37th of 74: 954.94
What this measures
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.
Limitations: For many countries data cover the total number of deposit accounts due to lack of information on account holders.
Regional and income-group figures are computed by the World Bank as a median.
All 21 values
| Year | Depositors with commercial banks (per 1,000 adults) |
|---|---|
| 2024 | 1,091 |
| 2023 | 1,059 |
| 2022 | 1,079 |
| 2021 | 1,038 |
| 2020 | 875.31 |
| 2019 | 911.16 |
| 2018 | 1,194 |
| 2017 | 1,073 |
| 2016 | 984.77 |
| 2015 | 902.76 |
| 2014 |
Depositors with commercial banks (per 1,000 adults) in nearby economies
- Azerbaijan — 1,949 (2024)
- Croatia — 1,545 (2024)
- Cyprus — 1,288 (2024)
- Estonia — 2,150 (2024)
- Hungary — 1,263 (2024)
- Italy — 773.04 (2024)
- Kyrgyz Republic — 1,799 (2024)
- Latvia — 1,275 (2024)
- Moldova — 1,817 (2024)
- North Macedonia
More financial sector data for Georgia
- GDP deflator (base year varies by country) — 143.86 (2025)
- Inflation, GDP deflator (annual % growth) — 4.64% (2025)
- DEC alternative conversion factor (LCU per US$) — US$2.74 (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 4.64% (2025)
- GDP deflator, linked series (base year varies by country) — 143.86 (2025)
- Consumer price index (2010 = 100) — 185.49 (2025)
- Real effective exchange rate index (2010 = 100) — 110.66 (2025)
- Domestic credit to private sector by banks (% of GDP) — 66.57% (2025)
- Net domestic credit (current LCU) — 76.76 billion (2025)
Reading data like this
Questions people ask
- What is Georgia's depositors with commercial banks (per 1,000 adults)?
- 1,091 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is up 422.66% from 208.79 in 2004 (8.62% a year on average, compounded). The highest value was 1,194 in 2018 and the lowest 208.79 in 2004.
- How does Georgia rank?
- 35th highest of 74 economies with data for 2024.
- Is the latest change in depositors with commercial banks (per 1,000 adults) unusual for Georgia?
- In 2024, Georgia's depositors with commercial banks (per 1,000 adults) rose 32.52 on 2023 (from 1,059 to 1,091). Across the 19 yearly changes before that (2005 to 2023), the average change was +44.73 and a typical year strayed about 94.8 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FB.CBK.DPTR.P3, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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