Demand for pawn loans in Georgia is on the rise. According to the latest data from the National Bank of Georgia, as of May 2025, the volume of pawn loans issued to individuals reached 397 million GEL, marking a 20% increase compared to the same period last year.
This growth reflects a broader trend in consumer borrowing. Overall, loans issued to individuals have grown by 16% year-over-year, with the total retail loan portfolio now standing at 27.3 billion GEL.
The breakdown of individual loans by category is as follows:
- Consumer loans: 12.8 billion GEL (+21%)
- Mortgage loans: 12.5 billion GEL (+10%)
- Installment loans: 539 million GEL (+35%)
- Credit cards: 530 million GEL (+15%)
- Pawnshop loans: 397 million GEL (+20%)
- Auto loans: 273 million GEL (+44%)
- Overdrafts: 79 million GEL (-3%)
- Student loans: 8.2 million GEL (+32%)
The sharpest increase was recorded in auto loans, up 44%, followed by installment loans at 35% and student loans at 32%.
The growing reliance on pawn and consumer loans may indicate rising financial pressures on households, with more consumers turning to short-term credit solutions to manage everyday expenses.
