Bank assets as a share of GDP reached 92.5 % in 2017 in Georgia, according to the National Central Bank. This is 4.13 % more than in the previous year.
Historically, bank assets as a share of GDP in Georgia reached an all time high of 92.5 % in 2017 and an all time low of 6.78 % in 1996. When compared to Georgia's main peers, bank assets as a share of GDP in Armenia amounted to 75.3 %, 38.9 % in Azerbaijan, 84.1 % in Russia and 102 % in Turkey in 2017.
Georgia has been ranked 53rd within the group of 113 countries we follow in terms of bank assets as a share of GDP, 35 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.