Real Interest Rate fell to 5.08% in Georgia in 2017

Real Interest Rate (%)
Economy | Georgia | December 1, 2019
$2.99
Excel Sheet

Real interest rate reached 5.08 % in 2017 in Georgia, according to the National Statistical Office. This is 37.2 % less than in the previous year.

Historically, real interest rate in Georgia reached an all time high of 40.6 % in 1997 and an all time low of 5.06 % in 2011. When compared to Georgia's main peers, real interest rate in Armenia amounted to 11.9 %, 0.508 % in Azerbaijan and 4.96 % in Russia in 2017.

Georgia has been ranked 46th within the group of 108 countries we follow in terms of real interest rate, 4 places behind the position seen 10 years ago.

The net foreign assets of a country are the value of the assets that country owns abroad, minus the value of the domestic assets owned by foreigners.

Real Interest Rate Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Armenia % 12.9% 11.3% 12.2% 13.8% 16.2%
Azerbaijan % -2.92% 15.1% 17.7% 18.5% 29.0%
Bulgaria % 4.39% 8.03% 9.82% 7.76% 5.13%
China % -1.47% 3.52% 3.69% 4.73% 4.25%
Georgia % 5.06% 13.6% 14.5% 7.83% 6.23%
Germany % 2.58% 2.41% 3.14% 3.06% 3.05% ...
Greece % 9.28% 8.59% 10.2% 9.31% ... ...
Iran % -10.3% -10.5% -18.1% 2.85% 13.7% ...
Iraq % -8.47% 10.9% 13.6% 13.4% 52.0% ...
Japan % 3.23% 2.19% 1.64% -0.517% -0.978%
Russia % -6.43% 0.288% 3.85% 3.39% 7.16%
Turkey % ... ... ... ... ... ... ... ... ...
USA % 1.14% 1.31% 1.47% 1.33% 2.17%