Bank credit to bank deposits in Azerbaijan
Azerbaijan: Bank credit to bank deposits was 86.4% in 2021. ▲ Rising
Bank credit to bank deposits in Azerbaijan, 1992–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Azerbaijan stood at 86.4%.
The figure is down 12.5% on the previous year and down 35.5% over ten years.
Over the whole period, bank credit to bank deposits in Azerbaijan peaked at 170.3% in 2013 and was at its lowest, 8.1%, in 1994.
Azerbaijan ranks 64th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Bank credit to bank deposits in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 39.9% | — |
| 1993 | 35.4% | -11.4% |
| 1994 | 8.1% | -77.0% |
| 1995 | 17.9% | +120.1% |
| 1996 | 23.8% | +33.1% |
| 1997 | 39.7% | +66.5% |
| 1998 | 61.2% | +54.5% |
| 1999 | 53.7% | -12.3% |
| 2000 | 55.9% | +4.0% |
| 2001 | 71.3% | +27.7% |
| 2002 | 76.3% | +6.9% |
| 2003 | 86.2% | +13.0% |
| 2004 | 80.8% | -6.2% |
| 2005 | 94.8% | +17.3% |
| 2006 | 106.3% | +12.2% |
| 2007 | 129.9% | +22.2% |
| 2008 | 146.3% | +12.6% |
| 2009 | 158.5% | +8.3% |
| 2010 | 148.8% | -6.1% |
| 2011 | 133.9% | -10.0% |
| 2012 | 145.4% | +8.6% |
| 2013 | 170.3% | +17.1% |
| 2014 | 168.6% | -0.9% |
| 2015 | 127.2% | -24.6% |
| 2016 | 132.4% | +4.1% |
| 2017 | 99.3% | -25.0% |
| 2018 | 97.2% | -2.2% |
| 2019 | 93.7% | -3.5% |
| 2020 | 98.7% | +5.3% |
| 2021 | 86.4% | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.0% | 8.1% | 61.2% | 8 |
| 2000s | 100.6% | 55.9% | 158.5% | 10 |
| 2010s | 131.7% | 93.7% | 170.3% | 10 |
| 2020s | 92.5% | 86.4% | 98.7% | 2 |
Countries ranked near Azerbaijan
- 61 Germany 89.4% compare
- 62 Kyrgyzstan 87.3% compare
- 63 Madagascar 86.9% compare
- 65 Kosovo 86.1% compare
- 65 Kosovo (UNSCR 1244) 86.1% compare
- 67 Kenya 86.1% 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 bank credit to bank deposits in Azerbaijan?
- Bank credit to bank deposits in Azerbaijan was 86.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Azerbaijan?
- The highest recorded value was 170.3% in 2013.
- What is the lowest bank credit to bank deposits recorded in Azerbaijan?
- The lowest recorded value was 8.1% in 1994.
- How does Azerbaijan rank for bank credit to bank deposits?
- Azerbaijan ranks 64th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Azerbaijan?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).