Azerbaijan: Real interest rate

The latest value from 2024 is 16.31 percent, a decline from 25.68 percent in 2023. In comparison, the world average is 4.61 percent, based on data from 82 countries. Historically, the average for Azerbaijan from 1998 to 2024 is 10.76 percent. The minimum value, -16.52 percent, was reached in 2022 while the maximum of 48 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.