Account ownership at a financial institution or with a in Azerbaijan
Azerbaijan: Account ownership at a financial institution or with a was 31.7% in 2024. ◆ Volatile
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 15-24.
Analysis
The most recent figure for account ownership at a financial institution or with a in Azerbaijan is 31.7%, measured in 2024.
That represents a change of down 12.7% on the previous year and up 216.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Azerbaijan peaked at 36.4% in 2022 and was at its lowest, 4.5%, in 2011.
That places Azerbaijan 97th out of 106 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 15-24 | Change |
|---|---|---|
| 2011 | 4.5% | — |
| 2014 | 10.0% | +122.4% |
| 2017 | 12.6% | +25.4% |
| 2022 | 36.4% | +189.4% |
| 2024 | 31.7% | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.0% | 4.5% | 12.6% | 3 |
| 2020s | 34.1% | 31.7% | 36.4% | 2 |
Countries ranked near Azerbaijan
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 31.7% 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 36.4% in 2022.
- What is the lowest account ownership at a financial institution or with a recorded in Azerbaijan?
- The lowest recorded value was 4.5% in 2011.
- How does Azerbaijan rank for account ownership at a financial institution or with a?
- Azerbaijan ranks 97th out of 106 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 216.6%. The long-run trend across the full record is volatile.
- 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, young adults (% of population ages 15-24). Statizoid updates them automatically from the source API.
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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 (young adults, % of population ages 15-24).