Azerbaijan—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #3 of 112Updated April 2026
Latest Value
16.3%
2024
YoY Change
-36.5%
2023 → 2024
Global Rank
#3
of 112 countries
Maximum
48.0%
2009
Minimum
-16.5%
2022
CAGR
+4.0%
25 years
Last
16.3%
Previous
25.7%
Highest
48.0%
Lowest
-16.5%
Source
World Bank World Development Indicators
Azerbaijan's real interest rate (%) was 16.3% in 2024, ranking #3 out of 112 countries. This represents a -36.5% change from 2023. Over the past 25 years, the highest recorded value was 48.0% (2009) and the lowest was -16.5% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 16.3% | -36.5% |
| 2023 | 25.7% | +255.4% |
| 2022 | -16.5% | -289.1% |
| 2021 | -4.2% | -115.9% |
| 2020 | 26.7% | +52.0% |
| 2019 | 17.5% | +273.9% |
| 2018 | 4.7% | +1624.2% |
| 2017 | 0.3% | -82.1% |
| 2016 | 1.5% | -94.7% |
| 2015 | 28.9% | +48.6% |
| 2014 | 19.4% | +9.7% |
| 2013 | 17.7% | +17.6% |
| 2012 | 15.1% | +434.3% |
| 2011 | -4.5% | -174.7% |
| 2010 | 6.0% | -87.4% |
| 2009 | 48.0% | +848.3% |
| 2008 | -6.4% | -432.8% |
| 2007 | -1.2% | -120.5% |
| 2006 | 5.9% | +192.1% |
| 2005 | 2.0% | -66.1% |
| 2004 | 5.9% | -25.5% |
| 2003 | 7.9% | -37.1% |
| 2002 | 12.6% | -24.7% |
| 2001 | 16.8% | +163.4% |
| 2000 | 6.4% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |