Georgia - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Georgia was 12.51 as of 2021. Over the past 18 years, the value for this indicator has fluctuated between 23.76 in 2003 and 10.82 in 2019.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2003 23.76
2004 22.09
2005 17.55
2006 17.06
2007 17.09
2008 18.04
2009 17.87
2010 15.85
2011 15.00
2012 14.81
2013 13.59
2014 11.91
2015 12.49
2016 12.62
2017 11.49
2018 11.12
2019 10.82
2020 11.80
2021 12.51

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates