IN Q4, RATIO OF HOUSEHOLD DEBT TO GDP DECREASED BY 1.4 PP Q-O-Q, BUT INCREASED BY 0.1 PP Y-O-Y

National Bank of Georgia reported that in the 4^th quarter of 2019, ratio of Georgian households’ debt to GDP of the country made up 33.7%.

In the 4^th quarter of 2018, the ratio made up 33.8%, i.e. year-on-year growth makes up 0.1 percentage points (pp).