Deposit Interest Rate in Georgia decreased to 9.65 percent in 2017 from 9.90 percent in 2016. Deposit Interest Rate in Georgia averaged 11.27 percent from 1996 until 2017, reaching an all time high of 31.05 percent in 1996 and a record low of 7.24 percent in 2004.

Deposit Interest Rate in Georgia is expected to be 7.66 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Georgia is projected to trend around 8.02 percent in 2020, according to our econometric models.

Deposit Interest Rate in Georgia
Forecast Data Chart
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Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 12.00 3.75 percent [+]
Money Supply M0 2783103.79 2806034.20 2806034.20 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.65 9.90 31.05 7.24 percent [+]
Money Supply M1 5999706.47 6140250.45 6140250.45 107278.65 GEL Thousands [+]
Money Supply M2 8865364.96 8971264.06 8971264.06 112337.23 GEL Thousands [+]
Money Supply M3 19844384.43 19504220.66 19844384.43 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2132225.00 2891235.00 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. This page includes a chart with historical data for Deposit Interest Rate in Georgia. Deposit Interest Rate in Georgia - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.65 9.90 31.05 7.24 1996 - 2017 percent Yearly

Country Last Previous
Turkey 22.50 Dec/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18