Commercial bank branches in Azerbaijan
Azerbaijan: Commercial bank branches was 6.36 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Azerbaijan, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Azerbaijan is 6.36 per 100,000 adults, measured in 2024.
That represents a change of up 0.6% on the previous year and down 41.5% over ten years.
Over the whole period, commercial bank branches in Azerbaijan peaked at 10.87 per 100,000 adults in 2014 and was at its lowest, 6.22 per 100,000 adults, in 2020.
Azerbaijan ranks 130th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Commercial bank branches in Azerbaijan, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 6.41 per 100,000 adults | — |
| 2005 | 6.65 per 100,000 adults | +3.8% |
| 2006 | 7.23 per 100,000 adults | +8.7% |
| 2007 | 8.12 per 100,000 adults | +12.2% |
| 2008 | 9.11 per 100,000 adults | +12.2% |
| 2009 | 9.71 per 100,000 adults | +6.7% |
| 2010 | 9.8 per 100,000 adults | +0.8% |
| 2011 | 9.94 per 100,000 adults | +1.5% |
| 2012 | 9.66 per 100,000 adults | -2.8% |
| 2013 | 10.2 per 100,000 adults | +5.6% |
| 2014 | 10.87 per 100,000 adults | +6.5% |
| 2015 | 10.74 per 100,000 adults | -1.2% |
| 2016 | 8.08 per 100,000 adults | -24.7% |
| 2017 | 7.19 per 100,000 adults | -11.0% |
| 2018 | 7.1 per 100,000 adults | -1.2% |
| 2019 | 7.03 per 100,000 adults | -0.9% |
| 2020 | 6.22 per 100,000 adults | -11.6% |
| 2021 | 6.48 per 100,000 adults | +4.2% |
| 2022 | 6.54 per 100,000 adults | +0.9% |
| 2023 | 6.32 per 100,000 adults | -3.4% |
| 2024 | 6.36 per 100,000 adults | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.87 per 100,000 adults | 6.41 per 100,000 adults | 9.71 per 100,000 adults | 6 |
| 2010s | 9.06 per 100,000 adults | 7.03 per 100,000 adults | 10.87 per 100,000 adults | 10 |
| 2020s | 6.38 per 100,000 adults | 6.22 per 100,000 adults | 6.54 per 100,000 adults | 5 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Total reserves in months of imports, annual growth rate 6.19 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.16 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1241 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 920.03 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.65 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 965.97 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 1.65 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 965.97 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in Azerbaijan?
- Commercial bank branches in Azerbaijan was 6.36 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Azerbaijan?
- The highest recorded value was 10.87 per 100,000 adults in 2014.
- What is the lowest commercial bank branches recorded in Azerbaijan?
- The lowest recorded value was 6.22 per 100,000 adults in 2020.
- How does Azerbaijan rank for commercial bank branches?
- Azerbaijan ranks 130th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Azerbaijan?
- Over the last ten years it is down 41.5%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.