Account ownership at a financial institution or with a in Azerbaijan
Azerbaijan: Account ownership at a financial institution or with a was 58.6% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Azerbaijan, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
Azerbaijan recorded 58.6% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 18.8% on the previous year and up 85.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in Azerbaijan peaked at 58.6% in 2024 and was at its lowest, 16.9%, in 2011.
That places Azerbaijan 92nd out of 105 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Azerbaijan, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 16.9% | — |
| 2014 | 31.7% | +87.2% |
| 2017 | 29.9% | -5.5% |
| 2022 | 49.3% | +65.0% |
| 2024 | 58.6% | +18.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.2% | 16.9% | 31.7% | 3 |
| 2020s | 54.0% | 49.3% | 58.6% | 2 |
Countries ranked near Azerbaijan
- 89 Honduras 61.5% compare
- 90 Mexico 60.9% compare
- 91 Sierra Leone 59.0% compare
- 93 Philippines 57.9% compare
- 94 Republic of Moldova 57.0% compare
- 95 El Salvador 56.8% compare
More financial sector data for Azerbaijan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Azerbaijan?
- Account ownership at a financial institution or with a in Azerbaijan was 58.6% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Azerbaijan?
- The highest recorded value was 58.6% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Azerbaijan?
- The lowest recorded value was 16.9% in 2011.
- How does Azerbaijan rank for account ownership at a financial institution or with a?
- Azerbaijan ranks 92nd out of 105 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Azerbaijan?
- Over the last ten years it is up 85.2%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, secondary education or more (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (secondary education or more, % of population ages 15+).