Mortgage Loans rose 8.84% to GEL 7.16 bil in Georgia in second quarter of 2018

Mortgage Loans (GEL bil)
Banking | Georgia | February 7, 2019
$2.99
Excel Sheet

Mortgage loans reached 7.16 GEL bil in second quarter of 2018 in Georgia, according to the National Central Bank. This is 8.84 % more than in the previous quarter.

Historically, mortgage loans in Georgia reached an all time high of 7.16 GEL bil in second quarter of 2018 and an all time low of 0.135 GEL bil in second quarter of 2006. When compared to Georgia's main peers, mortgage loans in Russia amounted to 5,757 RUB bil and 201 TRY bil in Turkey in second quarter of 2018.

Georgia has been ranked 34th within the group of 38 countries we follow in terms of mortgage loans, 10 places behind the position seen 10 years ago.

A mortgage loan is a loan secured by real property through the use of a mortgage note.

Mortgage Loans (Local Currency) Unit Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
Armenia AMD bil 186 191 209 211 ... ... ...
Azerbaijan AZN bil ... ... ... ... ... ... ... ... ...
Bulgaria BGN bil ... ... ... ... ... ... ... ... ...
China CNY bil ... ... ... ... ... ... ... ... ...
Georgia GEL bil 5.48 5.88 6.51 6.58 7.16 ... ...
Germany EUR bil ... ... ... ... ... ... ... ... ...
Greece EUR bil ... ... ... ... ... ... ... ... ...
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Russia RUB bil 4,671 4,899 5,187 5,473 5,758 ... ...
Turkey TRY bil 182 189 193 195 201
USA USD bil 3,093 3,115 3,141 3,151 3,176 ...