Depositors with commercial banks (per 1,000 adults) in Azerbaijan
Azerbaijan: Depositors with commercial banks (per 1,000 adults) was 1,949 per 1,000 adults in 2024. ◆ Volatile
Depositors with commercial banks in Azerbaijan, 2005–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, depositors with commercial banks in Azerbaijan stood at 1,949 per 1,000 adults. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 10.1% on the previous year and up 210.1% over ten years.
Over the whole period, depositors with commercial banks in Azerbaijan peaked at 1,949 per 1,000 adults in 2024 and was at its lowest, 91.86 per 1,000 adults, in 2005.
That places Azerbaijan 7th out of 104 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Depositors with commercial banks (per 1,000 adults) in Azerbaijan, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2005 | 91.86 per 1,000 adults | — |
| 2006 | 141.86 per 1,000 adults | +54.4% |
| 2007 | 192.09 per 1,000 adults | +35.4% |
| 2008 | 260.18 per 1,000 adults | +35.5% |
| 2009 | 301.65 per 1,000 adults | +15.9% |
| 2010 | 358.42 per 1,000 adults | +18.8% |
| 2011 | 399.47 per 1,000 adults | +11.5% |
| 2012 | 463.49 per 1,000 adults | +16.0% |
| 2013 | 542.31 per 1,000 adults | +17.0% |
| 2014 | 628.36 per 1,000 adults | +15.9% |
| 2015 | 707.71 per 1,000 adults | +12.6% |
| 2016 | 904.24 per 1,000 adults | +27.8% |
| 2017 | 1,000 per 1,000 adults | +10.6% |
| 2018 | 1,054 per 1,000 adults | +5.3% |
| 2019 | 1,256 per 1,000 adults | +19.2% |
| 2020 | 1,479 per 1,000 adults | +17.8% |
| 2021 | 1,626 per 1,000 adults | +9.9% |
| 2022 | 1,705 per 1,000 adults | +4.9% |
| 2023 | 1,770 per 1,000 adults | +3.8% |
| 2024 | 1,949 per 1,000 adults | +10.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 1,949 per 1,000 adults is above the median for upper middle income countries, which is 1,253 per 1,000 adults, 1.6× the median. (29 countries reporting)
- Azerbaijan's 1,949 per 1,000 adults is above the median for Europe & Central Asia, which is 1,437 per 1,000 adults, 1.4× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 197.53 per 1,000 adults | 91.86 per 1,000 adults | 301.65 per 1,000 adults | 5 |
| 2010s | 731.38 per 1,000 adults | 358.42 per 1,000 adults | 1,256 per 1,000 adults | 10 |
| 2020s | 1,706 per 1,000 adults | 1,479 per 1,000 adults | 1,949 per 1,000 adults | 5 |
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 depositors with commercial banks in Azerbaijan?
- Depositors with commercial banks in Azerbaijan was 1,949 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Azerbaijan?
- The highest recorded value was 1,949 per 1,000 adults in 2024.
- What is the lowest depositors with commercial banks recorded in Azerbaijan?
- The lowest recorded value was 91.86 per 1,000 adults in 2005.
- How does Azerbaijan rank for depositors with commercial banks?
- Azerbaijan ranks 7th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Azerbaijan?
- Over the last ten years it is up 210.1%. 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 Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.