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

The National Bank of Georgia increased its benchmark interest rate by 25 bps to 7.25 percent on December 13th, 2017, amid an improvement in the economic activity and a rise in inflation expectations. Since the previous meeting, the nominal effective exchange rate has been reduced significantly, which, in contrast to previous forecasts, put higher pressure on inflation. The economic growth in October is estimated at 5.7 percent. A positive contribution came from export, tourism of goods, the volume of money transfers and an expected improvement of current account deficit. Interest Rate in Georgia averaged 6.49 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
2017-09-06 09:05 AM Interest Rate Decision 7% 7%
2017-10-25 08:05 AM Interest Rate Decision 7% 7% 7%
2017-12-13 10:00 AM Interest Rate Decision 7.25% 7% 7%
2018-01-31 09:00 AM Interest Rate Decision 7.25% 7.25%
2018-03-14 09:00 AM Interest Rate Decision
2018-05-02 09:45 AM Interest Rate Decision


Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.25 7.00 12.00 3.75 percent [+]
Money Supply M0 2543564.49 2531018.56 2583559.40 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.90 8.90 31.05 7.24 percent [+]
Money Supply M1 5395304.70 5405556.89 5497354.78 107278.65 GEL Thousands [+]
Money Supply M2 7729640.27 7647967.88 7729640.27 112337.23 GEL Thousands [+]
Money Supply M3 18125077.32 17429301.94 18125077.32 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2923004.00 3139732.00 3139732.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.25 7.00 12.00 3.75 2008 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Jan/18
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Jan/18
Australia 1.50 Dec/17
South Korea 1.50 Jan/18
United States 1.50 Dec/17
Canada 1.25 Jan/18
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Dec/17
Switzerland -0.75 Dec/17


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