Deposit Interest Rate in Azerbaijan decreased to 8.69 percent in 2020 from 9.69 percent in 2019. source: World Bank

Deposit Interest Rate in Azerbaijan averaged 10.07 percent from 1999 until 2020, reaching an all time high of 12.90 percent in 2000 and a record low of 7.70 percent in 2016. This page includes a chart with historical data for Deposit Interest Rate in Azerbaijan. Deposit Interest Rate in Azerbaijan - values, historical data and charts - was last updated on September of 2021.

Deposit Interest Rate in Azerbaijan is expected to reach 8.69 percent by the end of 2021, 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 8.94 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Azerbaijan

Actual Previous Highest Lowest Dates Unit Frequency
8.69 9.69 12.90 7.70 1999 - 2020 percent Yearly

Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 6.50 6.25 15.00 2.00 percent [+]
Money Supply M0 11049.60 10737.50 11049.60 295.70 AZN Million [+]
Money Supply M2 21840.90 21480.70 21840.90 369.00 AZN Million [+]
Deposit Interest Rate 8.69 9.69 12.90 7.70 percent [+]
Foreign Exchange Reserves 6455.30 6356.20 15193.40 3974.40 USD Million [+]
Money Supply M3 30293.90 30457.00 30457.00 1782.00 AZN Million [+]
Money Supply M1 18542.40 18735.70 18735.70 658.50 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.