Deposit Interest Rate in Georgia decreased to 8.95 percent in March from 9.11 percent in February of 2021. source: IMF

Deposit Interest Rate in Georgia averaged 9.33 percent from 1995 until 2021, 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 - values, historical data and charts - was last updated on May of 2021.

Deposit Interest Rate in Georgia is expected to be 9.32 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 9.32 in 12 months time. In the long-term, the Deposit Interest Rate in Georgia is projected to trend around 9.32 percent in 2022 and 10.07 percent in 2023, according to our econometric models.

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Deposit Interest Rate in Georgia

Actual Previous Highest Lowest Dates Unit Frequency
8.95 9.11 20.26 3.00 1995 - 2021 percent Monthly

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 9.50 8.50 12.00 3.75 percent [+]
Money Supply M0 3618250.00 3653929.00 3732589.00 84708.06 GEL Thousands [+]
Deposit Interest Rate 8.95 9.11 20.26 3.00 percent [+]
Money Supply M1 9781431.32 9633741.63 10037200.28 107278.65 GEL Thousands [+]
Money Supply M2 13615462.79 13449181.84 13659690.95 112337.23 GEL Thousands [+]
Money Supply M3 31816443.00 31004709.00 31816443.00 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 3866.79 3891.27 3219449.00 3203.05 GEL Thousands [+]

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