Deposit Interest Rate in Azerbaijan increased to 8.43 percent in 2017 from 7.70 percent in 2016. Deposit Interest Rate in Azerbaijan averaged 10.15 percent from 1999 until 2017, 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 3.70 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 -0.30 percent in 2020, according to our econometric models.

Deposit Interest Rate in Azerbaijan
Forecast Data Chart
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Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 9.75 9.75 15.00 2.00 percent [+]
Money Supply M0 7122.70 6878.40 10508.90 295.70 AZN Million [+]
Money Supply M2 13995.90 13498.90 17525.20 369.00 AZN Million [+]
Deposit Interest Rate 8.43 7.70 12.90 7.70 percent [+]
Money Supply M1 11108.10 10601.80 13036.84 658.50 AZN Million [+]
Foreign Exchange Reserves 5534.50 5503.50 15193.40 3974.40 USD Million [+]
Money Supply M3 23146.40 22431.60 23146.40 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.43 7.70 12.90 7.70 1999 - 2017 percent Yearly

Country Last Previous
Turkey 22.50 Dec/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18