Azerbaijan M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Azerbaijan's m2 money supply growth was 7.56% in 2025, ranked 59th globally. This represents a 139.6% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Azerbaijan's m2 money supply growth stood at 7.56% in 2025, a rise of +4.40pp from 2024. Based on recent trends, this figure is projected to reach 7.56% by 2025. Azerbaijan ranked 59th globally.
Azerbaijan’s M2 money‑supply growth has moderated sharply from its early‑1990s surge, where the annual change peaked at 1116.55 % in 1994, to a pronounced contraction of –15.17 % in 1998, reflecting the turbulence of the post‑Soviet transition and the 1998 Russian financial crisis. Over the 33‑year series, the average annual increase has settled to a more subdued pace, with the latest 2025 figure recorded at 7.56 %, ranking the country 59th globally. This recent rate is closely aligned with peers such as Kuwait (7.76 %) and China (7.79 %), suggesting that Azerbaijan’s monetary environment now mirrors that of other emerging economies with diversified export bases. The decline from the 1990s high to current levels indicates a shift toward greater macro‑economic stability, although future changes in oil revenues, fiscal policy or external shocks could alter the trajectory of money‑supply growth.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.68% | - | - |
| 2026* trend | 6.62% | - | - |
| 2025* trend | 7.56% | - | - |
| 2025 | 7.56% | +4.40pp | #59 |
| 2024 | 3.15% | −2.10pp | #12 |
| 2023 | 5.25% | −18.35pp | #44 |
| 2022 | 23.60% | +4.89pp | #116 |
| 2021 | 18.71% | +17.60pp | #118 |
| 2020 | 1.11% | −18.87pp | #15 |
| 2019 | 19.97% | +14.32pp | #138 |
| 2018 | 5.66% | −3.35pp | #59 |
| 2017 | 9.01% | +11.02pp | #82 |
| 2016 | -2.01% | −0.86pp | #12 |
| 2015 | -1.15% | −12.95pp | #13 |
| 2014 | 11.80% | −3.19pp | #97 |
| 2013 | 14.99% | −5.67pp | #111 |
| 2012 | 20.66% | −11.41pp | #131 |
| 2011 | 32.07% | +7.76pp | #147 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's m2 money supply growth was 7.56% in 2025. Ranked 59th globally. This represents a 139.6% increase from the previous year.
Azerbaijan's m2 money supply growth peaked at 1,116.55% in 1994.
The lowest m2 money supply growth in Azerbaijan was -15.17% in 1998.
Azerbaijan ranks 59th globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
Azerbaijan's m2 money supply growth is projected to reach 7.56% by 2025 based on trend extrapolation.
The m2 money supply growth of Azerbaijan in 2025 was 7.56%. This ranks 59th in the world.
Cite this page
@misc{historysaid_azerbaijan_m2-growth,
title = {Azerbaijan M2 Money Supply Growth},
url = {https://historysaid.com/azerbaijan/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}