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Interest Rate on Bank Deposits (Local Currency) in Azerbaijan

Source: The Central Bank of the Republic of Azerbaijan
Last Updated: July 24, 2023

Interest rate on bank deposits reached 8.91% in third quarter of 2015 in Azerbaijan, according to the National Central Bank. This is 4.64% less than in the previous quarter.

Historically, interest rate on bank deposits in Azerbaijan reached an all time high of 14.3% in 1Q2000 and an all time low of 7.70% in 3Q2001.

Azerbaijan has been ranked 16th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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