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

Georgia's central bank left its benchmark interest rate unchanged at 6.5 percent on December 14th. Policymakers said the demand remained weak while expected the inflation to pick up, as a result of tax hikes next year. Consumer prices rose 0.2 percent year-on-year in November of 2016, following a 0.2 percent drop in October. Interest Rate in Georgia averaged 6.44 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.

Georgia Interest Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 09:07 AM Interest Rate Decision 6.5% 6.75% 6.5%
2016-10-26 10:10 AM Interest Rate Decision 6.5% 6.5% 6.25%
2016-12-14 10:20 AM Interest Rate Decision 6.5% 6.5% 6.25%
2017-01-25 10:10 AM Interest Rate Decision 6.5% 6.5%
2017-03-07 10:00 AM Interest Rate Decision
2017-04-26 10:30 AM Interest Rate Decision




Georgia Money Last Previous Highest Lowest Unit
Interest Rate 6.50 6.50 12.00 3.75 percent [+]
Money Supply M0 2245870.61 2250279.40 2256473.55 84708.06 GEL Thousands [+]
Deposit Interest Rate 8.90 8.43 31.05 7.24 percent [+]
Money Supply M1 4877110.17 4865149.71 4877110.17 107278.65 GEL Thousands [+]
Money Supply M2 6298387.67 6282370.98 6298387.67 112337.23 GEL Thousands [+]
Money Supply M3 15304596.05 14713510.72 15304596.05 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2122900.00 2218296.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.50 6.50 12.00 3.75 2008 - 2016 percent Daily



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