Deposit Interest Rate in Azerbaijan increased to 10.28 percent in 2018 from 8.43 percent in 2017. Deposit Interest Rate in Azerbaijan averaged 10.15 percent from 1999 until 2018, reaching an all time high of 12.90 percent in 2000 and a record low of 7.70 percent in 2016.

Deposit Interest Rate in Azerbaijan is expected to be 7.43 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Azerbaijan is projected to trend around 8.93 percent in 2020, according to our econometric models.

Deposit Interest Rate in Azerbaijan
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 8.00 8.25 15.00 2.00 percent [+]
Money Supply M0 8576.80 8376.30 10508.90 295.70 AZN Million [+]
Money Supply M2 16182.20 15834.30 17525.20 369.00 AZN Million [+]
Deposit Interest Rate 10.28 8.43 12.90 7.70 percent [+]
Money Supply M1 13250.50 12917.20 13250.50 658.50 AZN Million [+]
Foreign Exchange Reserves 5939.40 5870.90 15193.40 3974.40 USD Million [+]
Money Supply M3 25284.20 24834.00 25284.20 1782.00 AZN Million [+]

Deposit Interest Rate in Azerbaijan

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Azerbaijan. Deposit Interest Rate in Azerbaijan - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
10.28 8.43 12.90 7.70 1999 - 2018 percent Yearly

Country Last Previous
Argentina 56.71 Sep/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Brazil 5.93 Jun/19
Russia 5.41 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.73 Jun/19
Saudi Arabia 3.40 Sep/19
South Korea 1.90 Jun/19
Canada 1.81 Sep/19
Australia 1.45 Aug/19
United Kingdom 0.50 Sep/19
China 0.35 Aug/19
Singapore 0.20 Aug/19
Japan -0.33 Sep/19
Switzerland -0.36 Jul/19
Euro Area -0.50 Sep/19