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
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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


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