Azerbaijan Deposit Rate
Deposit interest rate FR.INR.DPST
Azerbaijan's deposit rate was 8.65% in 2025, ranked 21st globally. This represents a 0.7% increase from 2024. Data from World Bank, covering 1998–2025.
Overview
Azerbaijan's deposit rate stood at 8.65% in 2025, a rise of +0.06pp from 2024. Based on recent trends, this figure is projected to reach 8.65% by 2025. Azerbaijan ranked 21st globally.
Azerbaijan's deposit rate has experienced a notable fluctuation over the past 28 years, ranging from a high of 13.46% in 1998 to a low of 7.73% in 2016. The deposit rate has steadily declined since its peak, with a slight uptick in recent years, now standing at 8.65% in 2025. This makes Azerbaijan's deposit rate the 21st highest globally, ranking closely behind countries such as Uruguay with a deposit rate of 8.84%. The decline in deposit rates could be attributed to the country's economic growth and the increasing availability of financial products. Since 2016, Azerbaijan's deposit rate has shown a modest recovery, suggesting a stabilizing trend. However, the trajectory of the deposit rate may be influenced by future changes in monetary policy, particularly if the Central Bank of Azerbaijan adjusts its interest rates to manage inflation or stimulate economic growth.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.60% | - | - |
| 2026* trend | 8.62% | - | - |
| 2025* trend | 8.65% | - | - |
| 2025 | 8.65% | +0.06pp | #21 |
| 2024 | 8.59% | −0.06pp | #70 |
| 2023 | 8.65% | −0.32pp | #77 |
| 2022 | 8.98% | +0.27pp | #89 |
| 2021 | 8.71% | +0.02pp | #104 |
| 2020 | 8.69% | −1.00pp | #105 |
| 2019 | 9.69% | −0.58pp | #109 |
| 2018 | 10.28% | +1.85pp | #112 |
| 2017 | 8.43% | +0.70pp | #118 |
| 2016 | 7.73% | −1.27pp | #115 |
| 2015 | 9.00% | −0.17pp | #121 |
| 2014 | 9.17% | −0.72pp | #124 |
| 2013 | 9.89% | −0.32pp | #124 |
| 2012 | 10.22% | −0.66pp | #122 |
| 2011 | 10.87% | −0.77pp | #124 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's deposit rate was 8.65% in 2025. Ranked 21st globally. This represents a 0.7% increase from the previous year.
Azerbaijan's deposit rate peaked at 13.46% in 1998.
The lowest deposit rate in Azerbaijan was 7.73% in 2016.
Azerbaijan ranks 21st globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Azerbaijan's deposit rate is projected to reach 8.65% by 2025 based on trend extrapolation.
The deposit rate of Azerbaijan in 2025 was 8.65%. This ranks 21st in the world.
Cite this page
@misc{historysaid_azerbaijan_deposit-rate,
title = {Azerbaijan Deposit Rate},
url = {https://historysaid.com/azerbaijan/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}