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

The National Bank of Georgia lowered its key refinancing rate by 50 bps to 7.0 percent on June 15th, reflecting lower inflation expectations. Consumer prices rose 2.1 percent year-on-year in May of 2016, slowing from a 3.2 percent in the previous month, the lowest since February 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
7.00 7.50 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 11:30 AM Interest Rate Decision 7.0% 7.5% 7.0%
2016-07-27 02:00 PM Interest Rate Decision 7.0% 6.5%
2016-09-07 02:00 PM Interest Rate Decision 6.0%
2016-10-26 02:00 PM Interest Rate Decision 6.0%

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.50 12.00 3.75 percent [+]
Money Supply M0 1831839.19 1825776.63 2040076.42 84708.06 GEL Thousands [+]
Deposit Interest Rate 8.43 9.73 31.05 7.24 percent [+]
Money Supply M1 4252207.53 4040475.48 4490889.15 107278.65 GEL Thousands [+]
Money Supply M2 5691312.13 5481545.63 5911309.69 112337.23 GEL Thousands [+]
Money Supply M3 13206213.46 12936581.33 13343921.27 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2638068.00 2389859.00 2638068.00 297495.00 GEL Thousands [+]




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