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

The National Bank of Georgia left its refinancing rate unchanged at 7 percent on September 5th of 2018, saying inflation remained close to the 3 percent target in the first eight months of the year. In August, annual inflation rate increased to 3.1 percent, the highest since January. The central bank added that, despite higher macroeconomic risks in the region, inflation rate will continue to move within the target for the rest of the year and in the medium term and that the pace at which rates will be reduced depend on the magnitude of external risks. Interest Rate in Georgia averaged 6.53 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
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-13 01:00 PM Interest Rate Decision 7.25% 7.25% 7.25%
2018-07-25 08:05 AM Interest Rate Decision 7% 7.25% 7.25%
2018-09-05 08:00 AM Interest Rate Decision 7% 7% 7%
2018-10-24 08:00 AM Interest Rate Decision 7% 7%
2018-12-12 09:00 AM Interest Rate Decision 7%


Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 12.00 3.75 percent [+]
Money Supply M0 2603625.62 2521386.70 2698733.84 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.65 9.90 31.05 7.24 percent [+]
Money Supply M1 5711468.20 5668919.09 6011381.79 107278.65 GEL Thousands [+]
Money Supply M2 8669388.64 8596016.01 8669388.64 112337.23 GEL Thousands [+]
Money Supply M3 18177750.88 18084477.01 18416278.04 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2531405.00 2554937.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 12.00 3.75 2008 - 2018 percent Daily




interest rate by Country
Country Last
Argentina 60.00 Sep/18
Turkey 24.00 Sep/18
Mexico 7.75 Aug/18
Russia 7.50 Sep/18
Brazil 6.50 Sep/18
India 6.50 Aug/18
South Africa 6.50 Aug/18
Indonesia 5.50 Aug/18
China 4.35 Aug/18
Saudi Arabia 2.50 Aug/18
United States 2.00 Aug/18
Australia 1.50 Sep/18
Canada 1.50 Sep/18
South Korea 1.50 Aug/18
Singapore 1.06 Aug/18
United Kingdom 0.75 Sep/18
Euro Area 0.00 Sep/18
France 0.00 Sep/18
Germany 0.00 Sep/18
Italy 0.00 Sep/18
Netherlands 0.00 Sep/18
Spain 0.00 Sep/18
Japan -0.10 Sep/18
Switzerland -0.75 Aug/18


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