Azerbaijan interest rate
Central Bank of Azerbaijan
- Policy rate
- 6.50%
- Jul 2026
- Last move
- −0.25 pt
- Feb 2026
- Inflation
- 5.6%
- Mar 2026
- 10-year bond yield
- –
- not available
The policy rate set by the Central Bank of Azerbaijan is 6.50% as of Jul 2026. Its most recent move: it cut its rate from 6.75% to 6.50% (Feb 2026). The rate is 0.50 percentage points lower than a year earlier. With consumer prices up 5.6% over the 12 months to Mar 2026, the real rate (policy rate minus inflation) is +0.9%: borrowing costs are above inflation.
Policy rate over the past two years
Jul 2026: 6.50%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Feb 2026 | Cut | 6.75% | 6.50% | −0.25 pt |
| Dec 2025 | Cut | 7.00% | 6.75% | −0.25 pt |
| Jul 2025 | Cut | 7.25% | 7.00% | −0.25 pt |
Changes between month-end rates. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Mar 2026: 5.6%
Other central banks in Asia
Source: IMF monetary statistics; inflation: IMF CPI. Updated daily. All central bank rates · Azerbaijan economy dashboard