Deposit Interest Rate in Georgia increased to 11.94 percent in April from 10.64 percent in March of 2020.

Deposit Interest Rate in Georgia averaged 9.31 percent from 1995 until 2020, 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 July of 2020.

Deposit Interest Rate in Georgia is expected to be 11.94 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 11.94 in 12 months time. In the long-term, the Deposit Interest Rate in Georgia is projected to trend around 11.94 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Georgia

Actual Previous Highest Lowest Dates Unit Frequency
11.94 10.64 20.26 3.00 1995 - 2020 percent Monthly

Georgia Money Last Previous Highest Lowest Unit
Interest Rate 8.25 8.50 12.00 3.75 percent [+]
Money Supply M0 3515100.00 3394263.00 3515100.00 84708.06 GEL Thousands [+]
Deposit Interest Rate 11.94 10.64 20.26 3.00 percent [+]
Money Supply M1 8680963.37 8332495.68 8680963.37 107278.65 GEL Thousands [+]
Money Supply M2 11812167.86 11397640.56 11812167.86 112337.23 GEL Thousands [+]
Money Supply M3 25575991.00 25135389.00 25746307.00 131418.52 GEL Thousands [+]
Foreign Exchange Reserves 2706672.00 2695791.00 3219449.00 297495.00 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.