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
Azerbaijan Interest Rate Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Refinancing Rate (%, eop) | 7.50 | 6.25 | 7.25 | 8.25 | 8.00 |
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 3 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.
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