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Azerbaijan Interest Rate

Azerbaijan Interest Rate

Refinancing Rate in Azerbaijan

The Refinancing Rate ended 2022 at 8.25%, up from the 7.25% end-2021 value and higher than the reading of 4.75% a decade earlier. For reference, the average refinancing rate in Eastern Europe was 8.40% at the end of 2022. For more interest rate information, visit our dedicated page.

Azerbaijan Interest Rate Chart

Note: This chart displays Policy Interest Rate (%) for Azerbaijan from 2020 to 2019.
Source: National Bank of Azerbaijan.

Azerbaijan Interest Rate Data

2018 2019 2020 2021 2022
Refinancing Rate (%, eop) 9.75 7.50 6.25 7.25 8.25
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Azerbaijani interest rate projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Azerbaijani interest rate.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Azerbaijani interest rate projections.

Want to get access to the full dataset of Azerbaijani interest rate forecasts? Send an email to info@focus-economics.com.

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