Interest Rate in Georgia

Georgia Interest Rate | Economic News & Forecasts

Georgia - Interest Rate

Available economic data suggests that growth momentum picked up in the second quarter, on the heels of a solid expansion at the start of the year. The estimated monthly GDP increase averaged 6.0% in the quarter, signaling that growth hit a four-year high in Q2. On the external front, exports accelerated in the quarter amid booming demand from CIS countries, particularly from Georgia’s key trading partner—Azerbaijan. Closer to home, domestic demand dynamics were underpinned by easing inflationary pressures and healthy private credit expansion, which, coupled with a solid inflow of higher remittances, likely bolstered private consumption in Q2.

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 Rate2.620.0 %Sep 20
Stock Market0.50.55 %Sep 20

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