Deposit interest rate in Azerbaijan
Azerbaijan: Deposit interest rate was 9.4% in 2025. ▼ Falling
Deposit interest rate in Azerbaijan, 1998–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Azerbaijan is 9.4%, measured in 2025.
That represents a change of up 8.9% on the previous year and up 4.0% over ten years.
Over the whole period, deposit interest rate in Azerbaijan peaked at 13.5% in 1998 and was at its lowest, 7.7%, in 2016.
That places Azerbaijan 21st out of 153 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Deposit interest rate in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 13.5% | — |
| 1999 | 12.1% | -10.3% |
| 2000 | 12.9% | +6.8% |
| 2001 | 8.5% | -34.4% |
| 2002 | 8.7% | +2.4% |
| 2003 | 9.5% | +10.2% |
| 2004 | 9.2% | -3.8% |
| 2005 | 8.5% | -7.2% |
| 2006 | 10.6% | +24.2% |
| 2007 | 11.6% | +9.2% |
| 2008 | 12.2% | +5.8% |
| 2009 | 12.2% | -0.2% |
| 2010 | 11.6% | -4.6% |
| 2011 | 10.9% | -6.6% |
| 2012 | 10.2% | -6.1% |
| 2013 | 9.9% | -3.2% |
| 2014 | 9.2% | -7.3% |
| 2015 | 9.0% | -1.9% |
| 2016 | 7.7% | -14.1% |
| 2017 | 8.4% | +9.0% |
| 2018 | 10.3% | +21.9% |
| 2019 | 9.7% | -5.7% |
| 2020 | 8.7% | -10.4% |
| 2021 | 8.7% | +0.2% |
| 2022 | 9.0% | +3.1% |
| 2023 | 8.7% | -3.6% |
| 2024 | 8.6% | -0.7% |
| 2025 | 9.4% | +8.9% |
Azerbaijan compared with similar countries
- Azerbaijan's 9.4% is above the median for upper middle income countries, which is 4.1%, 2.3× the median. (53 countries reporting)
- Azerbaijan's 9.4% is above the median for Europe & Central Asia, which is 3.2%, 2.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.8% | 12.1% | 13.5% | 2 |
| 2000s | 10.4% | 8.5% | 12.9% | 10 |
| 2010s | 9.7% | 7.7% | 11.6% | 10 |
| 2020s | 8.8% | 8.6% | 9.4% | 6 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Azerbaijan?
- Deposit interest rate in Azerbaijan was 9.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Azerbaijan?
- The highest recorded value was 13.5% in 1998.
- What is the lowest deposit interest rate recorded in Azerbaijan?
- The lowest recorded value was 7.7% in 2016.
- How does Azerbaijan rank for deposit interest rate?
- Azerbaijan ranks 21st out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in Azerbaijan?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.