Interest spread, which is the difference between interest rate on loans and deposits reached 7.72% in 2021 in Azerbaijan, according to the National Central Bank. This is 9.06% less than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Azerbaijan reached an all time high of 11.2% in 2001 and an all time low of 5.91% in 2003.
Azerbaijan has been ranked 26th within the group of 88 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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