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

The central bank of Azerbaijan increased its refinancing rate by 200bps to 7 percent on March 4th. It was the second rate hike in less than a month, in order to ensure sustainable macroeconomic stability and support national currency. Manat devalued around 55 percent in 2015 and fell another 2 percent this year. Also, the upper limit of the interest rate corridor has been lifted to 17 percent and lower limit was kept unchanged at 2 percent. Interest Rate in Azerbaijan averaged 4.31 percent from 2005 until 2016, reaching an all time high of 13 percent in December of 2007 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
7.00 7.00 13.00 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 July of 2016.


Azerbaijan Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 13.00 2.00 percent [+]
Money Supply M0 5578.40 5303.50 10508.90 295.70 AZN Million [+]
Money Supply M2 9600.70 9205.80 17525.20 369.00 AZN Million [+]
Deposit Interest Rate 9.00 9.17 12.90 8.46 percent [+]
Money Supply M1 7747.30 7413.70 13036.84 658.50 AZN Million [+]
Foreign Exchange Reserves 4284.30 4120.60 15193.40 4026.30 USD Million [+]
Money Supply M3 20629.70 20565.70 21689.75 1782.00 AZN Million [+]




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