Georgia Interest Rate  2008-2018 | Data | Chart | Calendar | Forecast

The National Bank of Georgia held its benchmark interest rate unchanged at 7.25 percent on June 13th, 2018, saying inflation is expected to remain close to the 3 percent target throughout the year. In addition, GDP growth is likely to remain robust in 2018, as preliminary data indicates a higher economic activity than initial forecast. Meanwhile, the bank cut the minimum reserve requirements to 5 percent from 7 percent. Interest Rate in Georgia averaged 6.52 percent from 2008 until 2018, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2018-03-14 08:50 AM Interest Rate Decision 7.25% 7.25% 7.25%
2018-05-01 07:00 AM Interest Rate Decision 7.25% 7.25% 7.25%
2018-06-13 01:00 PM Interest Rate Decision 7.25% 7.25% 7.25%
2018-07-25 08:15 AM Interest Rate Decision 7.25% 7.25%
2018-09-05 09:05 AM Interest Rate Decision 7.25%
2018-10-24 08:05 AM Interest Rate Decision 7.25%


Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.25 7.25 12.00 3.75 percent [+]
Money Supply M0 2480576.82 2446388.00 2698733.84 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.65 9.90 31.05 7.24 percent [+]
Money Supply M1 5557041.63 5474774.97 6011381.79 107278.65 GEL Thousands [+]
Money Supply M2 8420534.77 8267624.41 8420534.77 112337.23 GEL Thousands [+]
Money Supply M3 18037847.49 17830710.05 18416278.04 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2554937.00 2553262.00 3219449.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.25 7.25 12.00 3.75 2008 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jun/18
Mexico 7.75 Jun/18
Russia 7.25 Jun/18
Brazil 6.50 Jun/18
India 6.25 Jun/18
Indonesia 5.25 Jul/18
China 4.35 Jun/18
United States 2.00 Jun/18
Australia 1.50 Jul/18
Canada 1.50 Jul/18
South Korea 1.50 Jul/18
United Kingdom 0.50 Jul/18
Euro Area 0.00 Jun/18
France 0.00 Jun/18
Germany 0.00 Jun/18
Italy 0.00 Jun/18
Netherlands 0.00 Jun/18
Spain 0.00 Jun/18
Japan -0.10 Jun/18
Switzerland -0.75 Jun/18


Related

Latest