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Borg also supports compression, but compressing real-world data cannot do miracles. The most aggressive algorithm used by borg is zstd, which, according to the first benchmark I found online, has a compression ratio of less than 3. This means that compressed data can be reduced on average to ⅓ of original data. It would take an extremely inefficient data format to achieve a significantly better ratio. Images and .git directories are rarely stored so inefficiently, so they cannot be further compressed.
NOTE:
The number of mentions on this list indicates mentions on common posts plus user suggested alternatives.
Hence, a higher number means a more popular project.