Azerbaijan M2 Growth

Key information about Azerbaijan M2 Growth

• Azerbaijan Money Supply M2 increased 19.7 % YoY in May 2023, compared with a growth of 24.7 % in the previous month
• Azerbaijan Money Supply M2 growth data is updated monthly, available from Dec 1996 to May 2023
• The data reached an all-time high of 175.6 % in Jan 2007 and a record low of -50.7 % in Jan 2016

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of the Republic of Azerbaijan provides M2 in local currency. M2 Growth Rate prior to December 2003 is sourced from the International Monetary Fund.


Further information about Azerbaijan M2 Growth

• In the latest reports, Azerbaijan Foreign Exchange Reserves was measured at 9.0 USD bn in May 2023
• The Foreign Exchange Reserves equaled 5.9 Months of Import in May 2023
• Azerbaijan Domestic Credit reached 19.2 USD bn in May 2023, representing an increased of 19.3 % YoY
• 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 7.4 USD bn in Jun 2023, accounting for 8.8 % of the country's Nominal GDP

View Azerbaijan's M2 Growth from Dec 1996 to May 2023 in the chart:

What was Azerbaijan's M2 Growth in May 2023?

Azerbaijan Money Supply M2 increased 19.7 % YoY in May 2023, compared with a growth of 24.7 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
19.7 May 2023	24.7 Apr 2023	-50.7 Jan 2016	175.6 Jan 2007	%	monthly	Dec 1996 - May 2023

M2 Growth by Country Comparison

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Azerbaijan Key Series

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