Azerbaijan Interest Rate  2005-2016 | Data | Chart | Calendar | Forecast

The central bank of Azerbaijan increased its refinancing rate by 550 bps to 15 percent on September 9th. It was the fourth rate hike so far this year, in order to support the national currency and to curb rising inflation. Manat devalued around 55 percent in 2015 and fell another 5 percent this year. Consumer prices increased 10.5 percent year-to-date in July 2016. Also, the upper limit of the interest rate corridor has been hiked by 300 bps to 18 percent and lower limit by 800 bps to 12 percent. Interest Rate in Azerbaijan averaged 4.65 percent from 2005 until 2016, reaching an all time high of 15 percent in September of 2016 and a record low of 2 percent in December of 2009. Interest Rate in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.

Azerbaijan Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
15.00 9.50 15.00 2.00 2005 - 2016 percent Daily
In Azerbaijan, interest rate decisions are taken by the Central Bank of Azerbaijan. The official interest rate is the Refinancing Rate. This page provides the latest reported value for - Azerbaijan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 15.00 9.50 15.00 2.00 percent [+]
Money Supply M0 5839.50 5670.90 10508.90 295.70 AZN Million [+]
Money Supply M2 10096.60 9806.50 17525.20 369.00 AZN Million [+]
Deposit Interest Rate 9.00 9.17 12.90 8.46 percent [+]
Money Supply M1 8401.80 8017.60 13036.84 658.50 AZN Million [+]
Foreign Exchange Reserves 4162.90 4283.90 15193.40 4026.30 USD Million [+]
Money Supply M3 21101.90 20851.50 21689.75 1782.00 AZN Million [+]




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