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

Georgia's central bank left its benchmark interest rate unchanged at 6.75 percent on March 7th and signaled an increase to 7 percent over the next two-quarters of the year. Inflation has exceeded policymakers' target of 4 percent, accelerating to 5.5 percent in February. Also, inflation is expected to stay above the target during the year, due to higher commodity prices, taxes, and a stronger dollar. Interest Rate in Georgia averaged 6.44 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 Reference Actual Previous Consensus Forecast (i)
2016-12-14 10:20 AM Interest Rate Decision 6.5% 6.5% 6.25%
2017-01-25 08:30 AM Interest Rate Decision 6.75% 6.5% 6.5%
2017-03-07 01:00 PM Interest Rate Decision 6.75% 6.75% 6.75%
2017-04-26 10:30 AM Interest Rate Decision 6.75% 6.75%
2017-06-14 10:30 AM Interest Rate Decision 7%
2017-07-26 10:30 AM Interest Rate Decision 7%




Georgia Money Last Previous Highest Lowest Unit
Interest Rate 6.75 6.75 12.00 3.75 percent [+]
Money Supply M0 2282039.88 2383197.10 2383197.10 84708.06 GEL Thousands [+]
Deposit Interest Rate 8.90 8.43 31.05 7.24 percent [+]
Money Supply M1 4878334.26 5124461.41 5124461.41 107278.65 GEL Thousands [+]
Money Supply M2 6318484.79 6505458.35 6505458.35 112337.23 GEL Thousands [+]
Money Supply M3 15976224.09 16045200.01 16045200.01 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2381117.00 2429513.00 2671759.00 297495.00 GEL Thousands [+]



Georgia Interest Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.75 6.75 12.00 3.75 2008 - 2017 percent Daily



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