Account ownership at a financial institution or with a in Azerbaijan
Azerbaijan: Account ownership at a financial institution or with a was 67.0% 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
The most recent figure for account ownership at a financial institution or with a in Azerbaijan is 67.0%, measured in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 22.7% on the previous year and up 105.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Azerbaijan peaked at 67.0% in 2024 and was at its lowest, 15.6%, in 2011.
Azerbaijan ranks 75th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Azerbaijan, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 15.6% | — |
| 2014 | 32.6% | +108.8% |
| 2017 | 29.4% | -9.7% |
| 2022 | 54.6% | +85.4% |
| 2024 | 67.0% | +22.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 67.0% is below the median for upper middle income countries, which is 72.4%, 93% of the median. (37 countries reporting)
- Azerbaijan's 67.0% is below the median for Europe & Central Asia, which is 93.3%, 72% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.9% | 15.6% | 32.6% | 3 |
| 2020s | 60.8% | 54.6% | 67.0% | 2 |
Countries ranked near Azerbaijan
- 72 Kosovo 68.8% compare
- 72 Kosovo (UNSCR 1244) 68.8% compare
- 74 Dominican Republic 68.2% compare
- 76 Ecuador 65.6% compare
- 77 Tanzania, United Republic of 65.3% compare
- 78 Colombia 63.7% 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 67.0% 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 67.0% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Azerbaijan?
- The lowest recorded value was 15.6% in 2011.
- How does Azerbaijan rank for account ownership at a financial institution or with a?
- Azerbaijan ranks 75th 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 105.4%. 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, male (% 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 (male, % age 15+).