Deposit Interest Rate in Georgia increased to 9.63 percent in November from 8.60 percent in October of 2019.

Deposit Interest Rate in Georgia averaged 9.29 percent from 1995 until 2019, reaching an all time high of 20.26 percent in July of 1996 and a record low of 3 percent in February of 2000. This page includes a chart with historical data for Deposit Interest Rate in Georgia.

Deposit Interest Rate in Georgia is expected to be 9.38 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Georgia to stand at 8.63 in 12 months time. In the long-term, the Deposit Interest Rate in Georgia is projected to trend around 8.63 percent in 2020, according to our econometric models.

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Deposit Interest Rate in Georgia

Actual Previous Highest Lowest Dates Unit Frequency
9.63 8.60 20.26 3.00 1995 - 2019 percent Monthly

Deposit Interest Rate in Georgia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 9.00 8.50 12.00 3.75 percent [+]
Money Supply M0 3230541.93 3289480.91 3332272.79 84708.06 GEL Thousands [+]
Deposit Interest Rate 9.63 8.60 20.26 3.00 percent [+]
Money Supply M1 7696571.36 7802089.29 7926829.16 107278.65 GEL Thousands [+]
Money Supply M2 11227810.98 11363340.29 11419132.88 112337.23 GEL Thousands [+]
Money Supply M3 24247543.34 24372605.68 24372605.68 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2093583.00 1864814.00 3219449.00 297495.00 GEL Thousands [+]