Key data points
Last release
—
Observation period
Aug 31, 2025
Next release
—
Forecast
—
Highest
15.00 % on Jan 31, 2018
Lowest
2.00 % on Oct 31, 2010
About Azerbaijan Interest Rate
In Azerbaijan, interest rate decisions are taken by the Central Bank of Azerbaijan. The official interest rate is the Refinancing Rate.
Related indicators
Frequently Asked Questions
Azerbaijan Interest Rate is 7% at the moment.
Last month Azerbaijan Interest Rate was 7%, and the month before it reached 7%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.