
The highest interest rates on loans in Azerbaijan were recorded in the Shahbuz region.
Yeniavaz.com reports with reference to official data, the average interest rate on loans in this region was 22.6%.
The lowest interest rate was observed in the city of Shusha (6.1%).
After Shusha, the lowest interest rate was recorded in the capital Baku - 12.1%. Since the vast majority of loans were issued in Baku, the overall interest rates on loans in the country were lower (13.4%) than in the regions.
The average interest rate on loans in individual cities and regions of Azerbaijan was:
Shahbuz – 22.6%
Ordubad – 22.5%
Sadarak – 22.4%
Jabrail – 22%
Kangarli – 22%
Babak – 21.7%
Julfa – 21.7%
Sharur – 21.9%
Salyan – 21.3%
Zangelan – 21.3%
Agdam – 21.2%
Ujar – 20.4%
Hajigabul – 20.4%
Jalilabad – 20.3%
Zardab – 20.3%
Balakan – 20.3%
Fuzuli – 20.3%
Samukh – 20.2%
Gobustan – 20.1%
Bilasuvar – 20.1%
Kurdamir – 20.1%
Gadabay – 19.9%
Ismayilli - 19.9%
Agsu – 19.8%
Yardimli – 19.8%
Naftalan – 19.6%
Saatly – 19.6%
Barda – 19.5%
Agstafa – 19.5%
Sheki – 19.5%
Astara – 19.4%
Oguz – 19.4%
Khankendi – 19.4%
Lachin – 19.3%
Sabirabad – 19.3%
Terter – 19.3%
Shamkir – 19.3%
Imishli – 19.2%
Beylagan – 19.2%
Tovuz – 19%
Khizi – 19%
Lerik – 18.6%
Dashkesan – 18.6%
Shamakhi – 18.6%
Gabala – 18.6%
Goygol – 18.7%
Khachmaz – 18.7%
Lankaran – 18.7%
Agjabedi – 18.7%
Gakh – 18.8%
Masalli – 18.8%
Agdash – 18.4%
Absheron – 18.3%
Yevlakh – 17.8%
Siyazan – 17.5%
Mingachevir – 17.3%
Shirvan – 17.3%
Gazakh – 17.2%
Guba – 16.9%
Shabran – 16.9%
Ganja – 16.7%
Neftchala – 16.6%
Qusar – 16.2%
Sumgayit – 15%
Khojaly – 14.5%
Zakatala – 14.6%
Gubadly – 14%
Nakhchivan – 13.7%
Kelbajar – 12.3%
Baku – 12.1%
Shusha – 6.1%
Elnur Ali