Azerbaijan: Deposit interest rate

* indicates monthly or quarterly data series
The most recent value is 8.7 percent as of September 2024, an increase compared to the previous value of 8.66 percent. Historically, the average for Azerbaijan from August 2014 to September 2024 is 8.87 percent. The minimum of 5.12 percent was recorded in January 2017, while the maximum of 12.2 percent was reached in October 2017. Click on the following link to see the values of: Deposit interest rate around the world.
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* indicates monthly or quarterly data series

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Recent values Azerbaijan: Bank deposit interest rate, percent
2024  Sep 8.7
2024  Aug 8.66
2024  Jul 8.61
2024  Jun 8.53
2024  May 8.46
2024  Apr 8.43
2024  Mar 8.48
2024  Feb 8.43


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 Related indicators Latest Reference Measure
 Inflation 8.8 2023 percent
 Exchange rate regimes 6 2022 index points
 USD exchange rate 1.7000 1/2025 Local Currency Units per USD
 Money supply (broad money) 35.77 9/2024 billion
 Consumer Price Index (CPI) 224.2790 11/2024 index points
 Inflation, monthly 0.73 11/2024 percent
 Inflation, annual 4.39 11/2024 percent
 Private sector credit 26.94 9/2024 billion
 Business credit 10.58 9/2024 billion
 Household credit 16.37 9/2024 billion
 Mortgage credit 4.16 9/2024 billion
 Consumer credit 12.20 9/2024 billion
 Deposit interest rate 8.70 9/2024 percent
 Business credit interest rate 10.51 9/2024 percent
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