Money Supply M3 in Azerbaijan increased to 23146.40 AZN Million in September from 22431.60 AZN Million in August of 2018. Money Supply M3 in Azerbaijan averaged 13506.14 AZN Million from 2006 until 2018, reaching an all time high of 23146.40 AZN Million in September of 2018 and a record low of 1782 AZN Million in January of 2006.
Money Supply M3 in Azerbaijan is expected to be 22780.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M3 in Azerbaijan to stand at 22855.00 in 12 months time. In the long-term, the Azerbaijan Money Supply M3 is projected to trend around 22950.00 AZN Million in 2020, according to our econometric models.