Interest Spread fell to 8.11% in Azerbaijan in 2017

Interest Spread (%)
Banking | Azerbaijan | May 17, 2019
$2.99
Excel Sheet

Interest spread, which is the difference between interest rate on loans and deposits reached 6.39 % in 1998 in Azerbaijan, according to the National Central Bank. This is 21.2 % less than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Azerbaijan reached an all time high of 11.2 % in 2001 and an all time low of 5.91 % in 2003. When compared to Azerbaijan's main peers, interest spread, which is the difference between interest rate on loans and deposits in Azerbaijan amounted to 6.39 %, 29.0 % in Georgia and 24.7 % in Russia in 1998.

Azerbaijan has been ranked 72nd within the group of 135 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

Interest Spread (Difference Between Interest Rate on Loans and Deposits) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Armenia % 8.51% 7.66% 5.83% 5.98% 3.44%
Azerbaijan % 8.11% 8.13% 8.32% 8.69% 8.54%
China % 3.06% 3.00% 3.00% 2.85% 2.85%
Georgia % 3.46% 4.10% 3.87% 3.48% 3.58%
Germany % 2.28% 2.83% 4.44% 4.37% 4.72% ...
Iran % -0.162% -3.81% -3.76% -2.94% -2.09% ...
Iraq % 8.22% 7.99% 7.83% 7.45% 7.44% ...
Japan % 1.04% 0.930% 0.762% 0.804% 0.737%
Pakistan % 6.19% 5.54% 4.81% 4.47% 4.18%
Russia % 4.02% 3.30% 3.88% 5.10% 6.52%
Turkey % ... ... ... ... ... ... ... ... ...
Turkmenistan % ... ... ... ... ... ... ... ... ...
USA % ... ... ... ... ... ... ... ... ...