Domestic credit to private sector by banks in Azerbaijan
Azerbaijan: Domestic credit to private sector by banks was 22.8% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Azerbaijan, 1992–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Azerbaijan is 22.8%, measured in 2025.
Compared with earlier readings it is down 6.5% on the previous year and down 40.5% over ten years.
Over the whole period, domestic credit to private sector by banks in Azerbaijan peaked at 38.4% in 2015 and was at its lowest, 1.2%, in 1996.
Azerbaijan ranks 132nd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 10.8% | — |
| 1993 | 9.6% | -11.2% |
| 1994 | 3.3% | -65.3% |
| 1995 | 1.2% | -64.4% |
| 1996 | 1.2% | -1.7% |
| 1997 | 2.4% | +110.1% |
| 1998 | 3.1% | +25.8% |
| 1999 | 3.0% | -3.8% |
| 2000 | 5.9% | +99.0% |
| 2001 | 5.2% | -12.0% |
| 2002 | 5.6% | +7.6% |
| 2003 | 7.0% | +25.4% |
| 2004 | 9.3% | +33.0% |
| 2005 | 9.5% | +1.7% |
| 2006 | 11.6% | +22.8% |
| 2007 | 14.3% | +22.5% |
| 2008 | 15.5% | +8.9% |
| 2009 | 18.9% | +22.0% |
| 2010 | 17.7% | -6.5% |
| 2011 | 17.2% | -2.9% |
| 2012 | 19.7% | +14.8% |
| 2013 | 25.1% | +27.3% |
| 2014 | 30.6% | +21.7% |
| 2015 | 38.4% | +25.7% |
| 2016 | 31.7% | -17.4% |
| 2017 | 21.1% | -33.4% |
| 2018 | 19.9% | -5.8% |
| 2019 | 22.2% | +11.2% |
| 2020 | 25.0% | +13.0% |
| 2021 | 22.0% | -12.3% |
| 2022 | 17.5% | -20.1% |
| 2023 | 22.1% | +25.9% |
| 2024 | 24.4% | +10.7% |
| 2025 | 22.8% | -6.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 22.8% is below the median for upper middle income countries, which is 39.8%, 57% of the median. (55 countries reporting)
- Azerbaijan's 22.8% is below the median for Europe & Central Asia, which is 52.1%, 44% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3% | 1.2% | 10.8% | 8 |
| 2000s | 10.3% | 5.2% | 18.9% | 10 |
| 2010s | 24.4% | 17.2% | 38.4% | 10 |
| 2020s | 22.3% | 17.5% | 25.0% | 6 |
Countries ranked near Azerbaijan
- 129 Micronesia, Federated States of 23.4% compare
- 130 Eswatini 23.0% compare
- 131 Togo 22.9% compare
- 133 Burkina Faso 22.7% compare
- 134 Côte d'Ivoire 22.7% compare
- 135 Mauritania 22.6% 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 domestic credit to private sector by banks in Azerbaijan?
- Domestic credit to private sector by banks in Azerbaijan was 22.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Azerbaijan?
- The highest recorded value was 38.4% in 2015.
- What is the lowest domestic credit to private sector by banks recorded in Azerbaijan?
- The lowest recorded value was 1.2% in 1996.
- How does Azerbaijan rank for domestic credit to private sector by banks?
- Azerbaijan ranks 132nd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Azerbaijan?
- Over the last ten years it is down 40.5%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.