Interest rate spread in Azerbaijan
Azerbaijan: Interest rate spread was 6.0% in 2025. ▼ Falling
Interest rate spread in Azerbaijan, 1998–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Azerbaijan recorded 6.0% for interest rate spread in 2025.
Compared with earlier readings it is down 1.6% on the previous year and down 29.9% over ten years.
Over the whole period, interest rate spread in Azerbaijan peaked at 11.2% in 2001 and was at its lowest, 5.3%, in 2023.
Azerbaijan ranks 56th of 141 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Interest rate spread in Azerbaijan, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1998 | 6.4% | — |
| 1999 | 7.4% | +15.9% |
| 2000 | 6.8% | -8.7% |
| 2001 | 11.2% | +66.5% |
| 2002 | 8.7% | -22.5% |
| 2003 | 5.9% | -32.1% |
| 2004 | 6.5% | +10.6% |
| 2005 | 8.5% | +30.1% |
| 2006 | 7.3% | -14.4% |
| 2007 | 7.6% | +4.0% |
| 2008 | 7.5% | -0.5% |
| 2009 | 7.8% | +3.9% |
| 2010 | 9.1% | +15.7% |
| 2011 | 8.1% | -10.4% |
| 2012 | 8.1% | +0.2% |
| 2013 | 8.3% | +2.3% |
| 2014 | 8.7% | +4.4% |
| 2015 | 8.5% | -1.7% |
| 2016 | 8.6% | +1.2% |
| 2017 | 8.1% | -6.1% |
| 2018 | 7.2% | -11.6% |
| 2019 | 7.6% | +5.8% |
| 2020 | 8.5% | +11.9% |
| 2021 | 7.7% | -9.1% |
| 2022 | 5.6% | -27.3% |
| 2023 | 5.3% | -5.4% |
| 2024 | 6.1% | +14.4% |
| 2025 | 6.0% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.9% | 6.4% | 7.4% | 2 |
| 2000s | 7.8% | 5.9% | 11.2% | 10 |
| 2010s | 8.2% | 7.2% | 9.1% | 10 |
| 2020s | 6.5% | 5.3% | 8.5% | 6 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Net domestic credit (current LCU), per capita 3,598 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4856 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 5.42 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 9.43 billion SDR (2025)
- Reserves excluding gold 9.90 billion SDR (2025)
- Total reserves (gold at market value) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 965.97 SDR per person (2025)
Frequently asked questions
- What is interest rate spread in Azerbaijan?
- Interest rate spread in Azerbaijan was 6.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Azerbaijan?
- The highest recorded value was 11.2% in 2001.
- What is the lowest interest rate spread recorded in Azerbaijan?
- The lowest recorded value was 5.3% in 2023.
- How does Azerbaijan rank for interest rate spread?
- Azerbaijan ranks 56th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Azerbaijan?
- Over the last ten years it is down 29.9%. 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 Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.