Real interest rate fell 36.5% to 16.3% in Azerbaijan in 2024, according to the National Statistical Office.
Historically, real interest rate in Azerbaijan reached an all time high of 48.0% in 2009 and an all time low of -16.5% in 2022.
Azerbaijan has been ranked 3rd within the group of 66 countries we follow in terms of real interest rate, 3 places above the position seen 10 years ago.
| Real Interest Rate | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Armenia | % | 9.73% | 11.0% | 9.64% | 4.55% | 3.46% | ||||||||||||||||
| Azerbaijan | % | 4.69% | 17.5% | 26.7% | -4.25% | -16.5% | ||||||||||||||||
| China | % | 0.853% | 3.00% | 3.80% | -0.119% | 2.37% | ||||||||||||||||
| Georgia | % | 7.38% | 6.56% | 4.64% | 2.07% | 5.10% | ||||||||||||||||
| Germany | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| Iran | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| Iraq | % | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| Japan | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Pakistan | % | 4.52% | 2.93% | 0.740% | -1.45% | ... | ... | ... | ||||||||||||||
| Russia | % | -1.03% | 5.32% | 5.83% | -9.33% | -5.69% | ... | |||||||||||||||
| Turkey | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| USA | % | 2.55% | 3.57% | 2.19% | -1.26% | ... | ... | ... |
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