diff --git a/inference-engine/src/transformations/src/transformations/op_conversions/convert_interpolate1_to_interpolate4.cpp b/inference-engine/src/transformations/src/transformations/op_conversions/convert_interpolate1_to_interpolate4.cpp
index 94173079c62..36a58551a68 100644
--- a/inference-engine/src/transformations/src/transformations/op_conversions/convert_interpolate1_to_interpolate4.cpp
+++ b/inference-engine/src/transformations/src/transformations/op_conversions/convert_interpolate1_to_interpolate4.cpp
@@ -68,14 +68,20 @@ ngraph::pass::ConvertInterpolate1ToInterpolate4::ConvertInterpolate1ToInterpolat
             return false;
         }
         attrsV4.shape_calculation_mode = ngraph::opset4::Interpolate::ShapeCalcMode::sizes;
-        attrsV4.nearest_mode = ngraph::opset4::Interpolate::NearestMode::round_prefer_floor;
+        attrsV4.nearest_mode = ngraph::opset4::Interpolate::NearestMode::simple;
         attrsV4.pads_begin = attrsV0.pads_begin;
         attrsV4.pads_end = attrsV0.pads_end;
         attrsV4.antialias = attrsV0.antialias;
-        attrsV4.coordinate_transformation_mode = ngraph::opset4::Interpolate::CoordinateTransformMode::half_pixel;
+        attrsV4.coordinate_transformation_mode = ngraph::opset4::Interpolate::CoordinateTransformMode::asymmetric;
         attrsV4.cube_coeff = -0.75f;
         if (attrsV0.align_corners) {
             attrsV4.coordinate_transformation_mode = ngraph::opset4::Interpolate::CoordinateTransformMode::align_corners;
+        } else if ((attrsV4.mode == ngraph::op::v4::Interpolate::InterpolateMode::linear_onnx ||
+                    attrsV4.mode == ngraph::op::v4::Interpolate::InterpolateMode::linear) &&
+                    std::all_of(attrsV4.pads_begin.begin(), attrsV4.pads_begin.end(), [](size_t i){return i == 0;}) &&
+                    std::all_of(attrsV4.pads_end.begin(), attrsV4.pads_end.end(), [](size_t i){return i == 0;}) &&
+                    !(input_shape_rank - 2 == 2 && attrsV0.axes == AxisSet{2, 3})) {
+            attrsV4.coordinate_transformation_mode = ngraph::opset4::Interpolate::CoordinateTransformMode::half_pixel;
         }
 
         auto interpolateV4 = std::make_shared<ngraph::opset4::Interpolate>(interpolationV0->input_value(0), interpolationV0->input_value(1),
diff --git a/inference-engine/tests/functional/inference_engine/transformations/convert_interpolate1_to_interpolate4_test.cpp b/inference-engine/tests/functional/inference_engine/transformations/convert_interpolate1_to_interpolate4_test.cpp
index 9468db9287d..12177f78cbc 100644
--- a/inference-engine/tests/functional/inference_engine/transformations/convert_interpolate1_to_interpolate4_test.cpp
+++ b/inference-engine/tests/functional/inference_engine/transformations/convert_interpolate1_to_interpolate4_test.cpp
@@ -54,7 +54,7 @@ TEST(TransformationTests, ConvertInterpolate1ToInterpolate4) {
 
         auto interpolate4_attr = opset4::Interpolate::InterpolateAttrs(opset4::Interpolate::InterpolateMode::nearest,
             opset4::Interpolate::ShapeCalcMode::sizes, std::vector<size_t>{0, 0, 0, 0}, std::vector<size_t>{0, 0, 0, 0},
-            opset4::Interpolate::CoordinateTransformMode::asymmetric, opset4::Interpolate::NearestMode::floor,
+            opset4::Interpolate::CoordinateTransformMode::asymmetric, opset4::Interpolate::NearestMode::simple,
             false, -0.75);
 
         auto interpolate4 = std::make_shared<opset4::Interpolate>(data_node, out_shape_node, default_scales_node, axes_node, interpolate4_attr);
@@ -62,7 +62,7 @@ TEST(TransformationTests, ConvertInterpolate1ToInterpolate4) {
         f_ref = std::make_shared<Function>(NodeVector{interpolate4}, ParameterVector{data_node});
     }
 
-    auto res = compare_functions(f, f_ref);
+    auto res = compare_functions(f, f_ref, true, false, false, true, true);
     ASSERT_TRUE(res.first) << res.second;
 }
 
@@ -97,16 +97,16 @@ TEST(TransformationTests, ConvertInterpolate1ToInterpolate4_1) {
         auto default_scales_node = opset1::Constant::create(ngraph::element::f32, Shape{2}, {4.0f / 3.0f, 4.0f / 3.0f});
         auto axes_node = opset1::Constant::create(ngraph::element::i64, Shape{2}, {2, 3});
 
-        auto interpolate4_attr = opset4::Interpolate::InterpolateAttrs(opset4::Interpolate::InterpolateMode::linear,
+        auto interpolate4_attr = opset4::Interpolate::InterpolateAttrs(opset4::Interpolate::InterpolateMode::linear_onnx,
             opset4::Interpolate::ShapeCalcMode::sizes, std::vector<size_t>{0, 0, 0, 0}, std::vector<size_t>{0, 0, 0, 0},
-            opset4::Interpolate::CoordinateTransformMode::align_corners, opset4::Interpolate::NearestMode::floor,
-            false, -0.75);
+            opset4::Interpolate::CoordinateTransformMode::asymmetric, opset4::Interpolate::NearestMode::simple,
+            true, -0.75);
 
         auto interpolate4 = std::make_shared<opset4::Interpolate>(data_node, out_shape_node, default_scales_node, axes_node, interpolate4_attr);
 
         f_ref = std::make_shared<Function>(NodeVector{interpolate4}, ParameterVector{data_node});
     }
 
-    auto res = compare_functions(f, f_ref);
+    auto res = compare_functions(f, f_ref, true, false, false, true, true);
     ASSERT_TRUE(res.first) << res.second;
 }