Georgia Interest Rate  2008-2017 | Data | Chart | Calendar | Forecast

The National Bank of Georgia held its benchmark interest rate at 7 percent on September 6th 2017, saying the inflation dynamics are in line with forecasts. Policymakers expect the inflation to stay above the 4 percent target during 2017 but to fall to near 3 percent in 2018. In August, the inflation slowed to 5.7 percent from 6 percent in July. Interest Rate in Georgia averaged 6.47 percent from 2008 until 2017, reaching an all time high of 12 percent in April of 2008 and a record low of 3.75 percent in August of 2013.

Georgia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-14 09:00 AM Interest Rate Decision 7% 7% 7%
2017-07-26 08:15 AM Interest Rate Decision 7% 7% 7%
2017-09-06 09:05 AM Interest Rate Decision 7% 7%
2017-10-25 10:10 AM Interest Rate Decision 7%
2017-12-13 10:00 AM Interest Rate Decision


Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 12.00 3.75 percent [+]
Money Supply M0 2466816.49 2350639.56 2466816.49 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.90 8.90 31.05 7.24 percent [+]
Money Supply M1 5497354.78 5258713.34 5497354.78 107278.65 GEL Thousands [+]
Money Supply M2 7256605.08 6932032.08 7256605.08 112337.23 GEL Thousands [+]
Money Supply M3 15785246.68 15556487.13 16045200.01 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2532046.00 2288341.00 2671759.00 297495.00 GEL Thousands [+]


Georgia Interest Rate

In Georgia, interest rate decisions are taken by the National Bank of Georgia. The official interest rate is the 7-day refinancing rate. This page provides the latest reported value for - Georgia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 12.00 3.75 2008 - 2017 percent Daily




interest rate by Country

Last
Russia 8.50 Sep/17
Brazil 8.25 Sep/17
Turkey 8.00 Sep/17
Mexico 7.00 Aug/17
India 6.00 Aug/17
China 4.35 Aug/17
Indonesia 4.25 Sep/17
Australia 1.50 Sep/17
South Korea 1.25 Aug/17
United States 1.25 Sep/17
Canada 1.00 Sep/17
United Kingdom 0.25 Sep/17
Euro Area 0.00 Sep/17
France 0.00 Sep/17
Germany 0.00 Sep/17
Italy 0.00 Sep/17
Netherlands 0.00 Sep/17
Spain 0.00 Sep/17
Japan -0.10 Sep/17
Switzerland -0.75 Sep/17