Money Supply M2 in Azerbaijan increased to 17927.60 AZN Million in July from 17169.10 AZN Million in June of 2020.

Money Supply M2 in Azerbaijan averaged 8071.66 AZN Million from 2002 until 2020, reaching an all time high of 18299.40 AZN Million in February of 2020 and a record low of 369 AZN Million in January of 2003. This page provides - Azerbaijan Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Money Supply M2 - values, historical data and charts - was last updated on October of 2020.

Money Supply M2 in Azerbaijan is expected to be 14190.00 AZN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Azerbaijan to stand at 14500.00 in 12 months time. In the long-term, the Azerbaijan Money Supply M2 is projected to trend around 14500.00 AZN Million in 2021, according to our econometric models.

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Azerbaijan Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
17927.60 17169.10 18299.40 369.00 2002 - 2020 AZN Million Monthly
Current Prices, NSA

Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 6.50 6.75 15.00 2.00 percent [+]
Money Supply M0 9722.90 9246.60 10508.90 295.70 AZN Million [+]
Money Supply M2 17927.60 17169.10 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 26213.50 26630.20 28866.30 1782.00 AZN Million [+]
Money Supply M1 14942.90 14796.00 15398.20 658.50 AZN Million [+]

Azerbaijan Money Supply M2
Azerbaijan Money Supply M2 includes M1 plus short-term time deposits in banks.