Deposit Interest Rate in Azerbaijan decreased to 9.69 percent in 2019 from 10.28 percent in 2018.

Deposit Interest Rate in Azerbaijan averaged 10.13 percent from 1999 until 2019, 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 July of 2020.

Deposit Interest Rate in Azerbaijan is expected to reach 9.69 percent by the end of 2020, 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 9.44 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Azerbaijan

Actual Previous Highest Lowest Dates Unit Frequency
9.69 10.28 12.90 7.70 1999 - 2019 percent Yearly

Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.25 15.00 2.00 percent [+]
Money Supply M0 8705.00 8530.80 10508.90 295.70 AZN Million [+]
Money Supply M2 16484.20 16442.80 18299.40 369.00 AZN Million [+]
Deposit Interest Rate 9.69 10.28 12.90 7.70 percent [+]
Foreign Exchange Reserves 6393.80 6400.90 15193.40 3974.40 USD Million [+]
Money Supply M3 26721.20 28616.70 28866.30 1782.00 AZN Million [+]
Money Supply M1 13835.40 15398.20 15398.20 658.50 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.