Interest Rate in Azerbaijan

Azerbaijan Interest Rate | Economic News & Forecasts

Azerbaijan - Interest Rate

The economy picked up last year on improving non-oil activities, although protracted weakness in the oil sector—which has seen production shrink over the years—kept the overall pace of expansion sluggish. Growth was supported by an upturn in the services sector and robust agricultural output. Meanwhile, on the demand side, higher wages coupled with declining inflation likely shored up private consumption. Prospects appear more upbeat going into 2019: Growth picked up in January, with a boost in oil output and solid performances by the non-oil sectors.

Azerbaijan - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)4.75  3.50  3.00  15.00  15.00  

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Azerbaijan Interest Rate Chart

Azerbaijan Interest Rate
Note: Policy Interest Rate in % (eop).

Azerbaijan Facts

Exchange Rate1.70-0.66 %Mar 11
Stock Market0.10.0 %Mar 11

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