Deposit Interest Rate in Georgia decreased to 9.86 percent in July from 11.08 percent in June of 2020.

Deposit Interest Rate in Georgia averaged 9.33 percent from 1995 until 2020, reaching an all time high of 20.26 percent in July of 1996 and a record low of 3 percent in February of 2000. This page includes a chart with historical data for Deposit Interest Rate in Georgia. Deposit Interest Rate in Georgia - values, historical data and charts - was last updated on September of 2020.

Deposit Interest Rate in Georgia is expected to be 11.94 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Georgia to stand at 11.94 in 12 months time. In the long-term, the Deposit Interest Rate in Georgia is projected to trend around 11.94 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Georgia

Actual Previous Highest Lowest Dates Unit Frequency
9.86 11.08 20.26 3.00 1995 - 2020 percent Monthly

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 8.00 8.00 12.00 3.75 percent [+]
Money Supply M0 3525805.00 3461672.00 3525805.00 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.86 11.08 20.26 3.00 percent [+]
Money Supply M1 9252273.91 8798330.83 9252273.91 107278.65 GEL Thousands [+]
Money Supply M2 12556854.38 12050548.45 12556854.38 112337.23 GEL Thousands [+]
Money Supply M3 26853911.00 25569648.00 26853911.00 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2706672.00 2695791.00 3219449.00 297495.00 GEL Thousands [+]

Deposit Interest Rate in Georgia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.