Lending Interest Rates Statistics in Azerbaijan (2026)
As of 2024, the average lending interest rate in Azerbaijan was 14.7%, per World Bank World Development Indicators data. Up from 14% in 2023 to 14.7% in 2024 (+0.7 percentage points). Azerbaijan ranks #17 of 22 economies in Europe & Central Asia on this measure, and #85 of 112 globally.
Key Statistics
- Latest value (2024)
- 14.7% (2024)
- Lending Interest Rates in Azerbaijan as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.7 pp (2024)
- Up from 14% in 2023 to 14.7% in 2024 (+0.7 percentage points).
- Earliest value in this dataset (1998)
- 19.9% (1998)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 19.9% in 1998 to 14.7% in 2024.
- Peak value (2010)
- 20.7% (2010)
- Highest value in the available series; the 2024 value is 14.7%.
- Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
- #17 of 22 (2024)
- Azerbaijan ranks 17 of 22 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #85 of 112 (2024)
- Azerbaijan ranks 85 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Europe & Central Asia average
- 10.2% (2024)
- Azerbaijan (14.7%) is above the average of 10.2% across the 22 countries in Europe & Central Asia with data.
- Internet use in Azerbaijan (2025)
- 90.8% (2025)
- 90.8% of the population in Azerbaijan used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 10.2 million (2024)
- Azerbaijan had a population of 10.2 million in 2024 (World Bank); shown for scale only.
Trend, 1998–2024
| Year | % | Change |
|---|---|---|
| 2024 | 14.7% | +0.7 pp |
| 2023 | 14% | −0.6 pp |
| 2022 | 14.6% | −1.8 pp |
| 2021 | 16.4% | −0.8 pp |
| 2020 | 17.2% | −0.1 pp |
| 2019 | 17.3% | −0.2 pp |
| 2018 | 17.4% | +0.9 pp |
| 2017 | 16.5% | +0.2 pp |
| 2016 | 16.4% | −1.2 pp |
| 2015 | 17.5% | −0.3 pp |
| 2014 | 17.9% | −0.4 pp |
| 2013 | 18.2% | −0.1 pp |
| 2012 | 18.3% | −0.6 pp |
| 2011 | 19% | −1.7 pp |
| 2010 | 20.7% | +0.7 pp |
| 2009 | 20% | +0.3 pp |
| 2008 | 19.8% | +0.6 pp |
| 2007 | 19.1% | +1.3 pp |
| 2006 | 17.9% | +0.8 pp |
| 2005 | 17% | +1.3 pp |
| 2004 | 15.7% | +0.3 pp |
| 2003 | 15.5% | −1.9 pp |
| 2002 | 17.4% | −2.3 pp |
| 2001 | 19.7% | +0.0 pp |
| 2000 | 19.7% | +0.2 pp |
| 1999 | 19.5% | −0.4 pp |
| 1998 | 19.9% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Azerbaijan?
The average lending interest rate in Azerbaijan stood at 14.7% in 2024, according to World Bank World Development Indicators data.
Where does Azerbaijan rank globally on lending interest rates?
Azerbaijan ranks 85 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did lending interest rates in Azerbaijan peak?
The highest value in the available series was 20.7% in 2010; the latest (2024) value is 14.7%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .