Georgia: Financial development

* indicates monthly or quarterly data series
 Georgia

Financial development

 Latest value 0.333
 Year 2021
 Measure index points
 Data availability 1994 - 2021
 Average 0.169
 Min - Max 0.070 - 0.333
 Source International Monetary Fund
The latest value from 2021 is 0.333 index points, an increase from 0.314 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Georgia from 1994 to 2021 is 0.169 index points. The minimum value, 0.07 index points, was reached in 1995 while the maximum of 0.333 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Georgia - Financial development - Recent values chart

Historical series
Georgia - Financial development - historical chart - 1994-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.333 2021 index points
 Financial institutions development 0.619 2021 index points
 Financial institutions development, depth 0.182 2021 index points
 Financial institutions development, access 0.787 2021 index points
 Financial institutions development, efficiency 0.748 2021 index points
 Financial markets development 0.033 2021 index points
 Financial markets development, depth 0.062 2021 index points
 Financial markets development, access 0.029 2021 index points
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