Borrowers from commercial banks in Azerbaijan
Azerbaijan: Borrowers from commercial banks was 392.8 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Azerbaijan, 2005–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Azerbaijan stood at 392.8 per 1,000 adults. That is the highest value across all 20 years on record.
The figure is up 7.7% on the previous year and up 34.5% over ten years.
Over the whole period, borrowers from commercial banks in Azerbaijan peaked at 392.8 per 1,000 adults in 2024 and was at its lowest, 20.39 per 1,000 adults, in 2005.
Azerbaijan ranks 26th of 113 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Azerbaijan, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2005 | 20.39 per 1,000 adults | — |
| 2006 | 34.15 per 1,000 adults | +67.5% |
| 2007 | 59.47 per 1,000 adults | +74.1% |
| 2008 | 77.66 per 1,000 adults | +30.6% |
| 2009 | 68.56 per 1,000 adults | -11.7% |
| 2010 | 81.62 per 1,000 adults | +19.0% |
| 2011 | 110.22 per 1,000 adults | +35.0% |
| 2012 | 152.22 per 1,000 adults | +38.1% |
| 2013 | 237.46 per 1,000 adults | +56.0% |
| 2014 | 292.12 per 1,000 adults | +23.0% |
| 2015 | 225.48 per 1,000 adults | -22.8% |
| 2016 | 194.44 per 1,000 adults | -13.8% |
| 2017 | 174.7 per 1,000 adults | -10.2% |
| 2018 | 195.81 per 1,000 adults | +12.1% |
| 2019 | 226.68 per 1,000 adults | +15.8% |
| 2020 | 232.8 per 1,000 adults | +2.7% |
| 2021 | 261.8 per 1,000 adults | +12.5% |
| 2022 | 339.61 per 1,000 adults | +29.7% |
| 2023 | 364.78 per 1,000 adults | +7.4% |
| 2024 | 392.8 per 1,000 adults | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.05 per 1,000 adults | 20.39 per 1,000 adults | 77.66 per 1,000 adults | 5 |
| 2010s | 189.07 per 1,000 adults | 81.62 per 1,000 adults | 292.12 per 1,000 adults | 10 |
| 2020s | 318.36 per 1,000 adults | 232.8 per 1,000 adults | 392.8 per 1,000 adults | 5 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Net domestic credit (current LCU), per capita 3,598 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4856 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 5.42 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 9.43 billion SDR (2025)
- Reserves excluding gold 9.90 billion SDR (2025)
- Total reserves (gold at market value) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 965.97 SDR per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Azerbaijan?
- Borrowers from commercial banks in Azerbaijan was 392.8 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Azerbaijan?
- The highest recorded value was 392.8 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Azerbaijan?
- The lowest recorded value was 20.39 per 1,000 adults in 2005.
- How does Azerbaijan rank for borrowers from commercial banks?
- Azerbaijan ranks 26th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Azerbaijan?
- Over the last ten years it is up 34.5%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.