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 10.28 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 11.28 percent in 2020, according to our econometric models.

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Deposit Interest Rate in Azerbaijan

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

Deposit Interest Rate in Azerbaijan
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.75 15.00 2.00 percent [+]
Money Supply M0 8827.40 8693.80 10508.90 295.70 AZN Million [+]
Money Supply M2 16663.40 16339.00 17525.20 369.00 AZN Million [+]
Deposit Interest Rate 10.28 8.43 12.90 7.70 percent [+]
Money Supply M1 13485.80 13227.40 13520.40 658.50 AZN Million [+]
Foreign Exchange Reserves 6034.10 6004.30 15193.40 3974.40 USD Million [+]
Money Supply M3 26550.60 25482.70 26550.60 1782.00 AZN Million [+]