Azerbaijan Domestic Credit Growth

Key information about Azerbaijan Domestic Credit Growth

• Azerbaijan Domestic Credit shrunk by 0.7 % YoY in Dec 2024, compared with a decrease of 4.0 % YoY in the previous month
• Azerbaijan Domestic Credit Growth YoY data is updated monthly
• It averaged 17.3 %, available from Dec 2002 to Dec 2024
• The data reached an all-time high of 148.4 % in May 2007 and a record low of -20.4 % in Oct 2017

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency.


Further information about Azerbaijan Domestic Credit Growth

• In the latest reports, Azerbaijan Domestic Credit reached 20.6 USD bn in Dec 2024
• Money Supply M2 in Azerbaijan increased to 20.4 USD bn YoY in Jan 2025
• Azerbaijan Foreign Exchange Reserves was measured at 12.0 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 5.3 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 5.9 % in Mar 2015, compared with the ratio of 5.3 % in the previous quarter
• Household Debt of Azerbaijan reached 13.1 % in Sep 2024, accounting for 13.1 % of the country's Nominal GDP

View Azerbaijan's Domestic Credit Growth from Dec 2002 to Dec 2024 in the chart:

What was Azerbaijan's Domestic Credit Growth in Dec 2024?

Azerbaijan Domestic Credit shrunk by 0.7 % YoY in Dec 2024, compared with a decrease of 4.0 % YoY in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-0.7 Dec 2024	-4.0 Nov 2024	-20.4 Oct 2017	148.4 May 2007	%	monthly	Dec 2002 - Dec 2024

Domestic Credit Growth by Country Comparison

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Azerbaijan Key Series

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