Interest Rate in Georgia

Georgia Interest Rate | Economic News & Forecasts

Georgia - Interest Rate

Georgians will head to the polls again on 28 November to decide between Salome Zourabichvili and Grigol Vashadze in the second round of the presidential election. While the two candidates emerged from the first round largely neck-and-neck, Grigol Vashadze seems to be leading the polls less than a week before the election. Meanwhile, the economy appears to have lost traction in Q3 amid cooling export growth, following an impressive Q2 outturn. Nevertheless, the deceleration in Q3’s economic activity came largely on the back of a poor performance in August, with more upbeat data for September signaling that the economy remains on a healthy growth trajectory.

Georgia - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)3.75  4.00  8.00  6.50  7.25  

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Georgia Interest Rate Chart

Georgia Interest Rate
Note: Policy Interest Rate in % (eop).
Source: National Bank of Georgia

Georgia Facts

Exchange Rate2.680.0 %Nov 29
Stock Market0.10.55 %Nov 29

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