City next to a river in Georgia

Georgia Interest Rate

Georgia Interest Rate

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

Note: This chart displays Policy Interest Rate (%) for Georgia from 2014 to 2023.
Source: National Bank of Georgia.

Georgia Interest Rate Data

2018 2019 2020 2021 2022
Refinancing Rate (%, eop) 7.00 9.00 8.00 10.50 11.00
Consensus Forecasts and Projections for the next ten years

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 4 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.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Gerogian interest rate projections.

Want to get access to the full dataset of Gerogian interest rate forecasts? Send an email to info@focus-economics.com.

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