Refinancing Rate in Georgia
The Refinancing Rate ended 2022 at 11.00%, up from the 10.50% end-2021 value and up from the reading of 3.75% a decade earlier. For reference, the average policy rate in Eastern Europe was 8.40% at end-2022. For more information on interest rate, visit our dedicated page
Georgia Interest Rate Chart
This chart displays Policy Interest Rate (%) for Georgia from 2013 to 2022.
Georgia Interest Rate Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Refinancing Rate (%, eop) | 7.00 | 9.00 | 8.00 | 10.50 | 11.00 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Gerogian interest rate projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Gerogian interest rate.
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