Georgia Interest Rate  2008-2016 | Data | Chart | Calendar | Forecast

The National Bank of Georgia lowered its key refinancing rate by 50 bps to 7.5 percent on April 27th, amid strengthening of the national currency and easing inflation expectations. Consumer prices rose 4.1 percent year-on-year in March of 2016, slowing from a 5.6 percent in the previous month, the lowest since May 2015. The Board may further cut the interest rate if inflation continues on a downward path. Interest Rate in Georgia averaged 6.40 percent from 2008 until 2016, reaching an all time high of 12 percent in April of 2008 and a record low of 3.75 percent in August of 2013. Interest Rate in Georgia is reported by the National Bank of Georgia.

Georgia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
7.50 8.00 12.00 3.75 2008 - 2016 percent Daily
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-03 10:10 AM Interest Rate Decision 8% 8% 8.25%
2016-03-09 02:00 PM Interest Rate Decision 8% 8% 8.0%
2016-04-27 11:30 AM Interest Rate Decision 7.5% 8% 8.0%
2016-06-15 02:00 PM Interest Rate Decision 7.5% 7.5%
2016-07-27 02:00 PM Interest Rate Decision 7.5%
2016-09-07 02:00 PM Interest Rate Decision 7.5%

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.50 8.00 12.00 3.75 percent [+]
Money Supply M0 1825776.63 1829398.05 2040076.42 84708.06 GEL Thousands [+]
Deposit Interest Rate 8.43 9.73 31.05 7.24 percent [+]
Money Supply M1 4040475.48 4103946.51 4490889.15 107278.65 GEL Thousands [+]
Money Supply M2 5481545.63 5418626.28 5911309.69 112337.23 GEL Thousands [+]
Money Supply M3 12936581.33 13155832.44 13343921.27 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2168099.00 2168087.00 2339821.00 297495.00 GEL Thousands [+]




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