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 169 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.
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
- Domestic credit to private sector by banks 22.8% (2025)
- Total reserves in months of imports 4.95 (2025)
- Net domestic credit 36.87 billion current LCU (2025)
- Net foreign assets 25.43 billion current LCU (2025)
- Monetary Sector credit to private sector 22.9% (2025)
- Broad money 38.6% (2025)
- Claims on central government, etc. -3.8% (2025)
- Domestic credit to private sector 24.9% (2025)
- Official exchange rate 1.7 LCU per US$, period average (2025)
- Net migration 8,731 (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 169 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.