Bank concentration (%) in Azerbaijan
Azerbaijan: Bank concentration (%) was 68.2% in 2021. ▲ Rising
Bank concentration in Azerbaijan, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Azerbaijan is 68.2%, measured in 2021. That is the highest value across all 22 years on record.
That represents a change of up 4.0% on the previous year and up 3.3% over ten years.
Over the whole period, bank concentration in Azerbaijan peaked at 68.2% in 2021 and was at its lowest, 37.1%, in 2012.
That places Azerbaijan 98th out of 170 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Bank concentration (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 62.5% | — |
| 2001 | 62.4% | -0.2% |
| 2002 | 46.5% | -25.5% |
| 2003 | 44.9% | -3.3% |
| 2004 | 48.5% | +7.9% |
| 2005 | 42.2% | -12.8% |
| 2006 | 40.9% | -3.3% |
| 2007 | 44.6% | +9.2% |
| 2008 | 41.1% | -7.9% |
| 2009 | 42.0% | +2.2% |
| 2010 | 46.1% | +9.9% |
| 2011 | 66.1% | +43.2% |
| 2012 | 37.1% | -43.9% |
| 2013 | 42.9% | +15.7% |
| 2014 | 49.0% | +14.1% |
| 2015 | 62.9% | +28.4% |
| 2016 | 62.8% | -0.2% |
| 2017 | 59.2% | -5.7% |
| 2018 | 61.8% | +4.4% |
| 2019 | 60.1% | -2.8% |
| 2020 | 65.6% | +9.3% |
| 2021 | 68.2% | +4.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 68.2% is below the median for upper middle income countries, which is 70.5%, 97% of the median. (48 countries reporting)
- Azerbaijan's 68.2% is below the median for Europe & Central Asia, which is 68.9%, 99% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.6% | 40.9% | 62.5% | 10 |
| 2010s | 54.8% | 37.1% | 66.1% | 10 |
| 2020s | 66.9% | 65.6% | 68.2% | 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 bank concentration in Azerbaijan?
- Bank concentration in Azerbaijan was 68.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Azerbaijan?
- The highest recorded value was 68.2% in 2021.
- What is the lowest bank concentration recorded in Azerbaijan?
- The lowest recorded value was 37.1% in 2012.
- How does Azerbaijan rank for bank concentration?
- Azerbaijan ranks 98th out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Azerbaijan?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.