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Interest Rate on Bank Loans (Local Currency) in Georgia

Source: National Bank of Georgia, World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 12.5% in 2021 in Georgia, according to the National Central Bank. This is 6.01% more than in the previous year.

Historically, interest rate on bank loans in Georgia reached an all time high of 58.2% in 1996 and an all time low of 10.8% in 2019.

Georgia has been ranked 23rd within the group of 94 countries we follow in terms of interest rate on bank loans.

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