Financial Development Index in Azerbaijan, Republic of

Azerbaijan, Republic of: Financial Development Index was 0.1783 in 2020. β—† Volatile

Latest (2020)
0.1783
Change on year
down 2.6%
World rank
122nd
of 183 countries
All-time high
0.1864
in 2018
All-time low
0
in 1980
Years of data
41
1980–2020

Financial Development Index in Azerbaijan, Republic of, 1980–2020

00.050.10.150.21980200020201980: 01981: 01982: 01983: 01984: 01985: 01986: 01987: 01988: 01989: 01990: 01991: 01992: 0.1491993: 0.1351994: 0.1331995: 0.1321996: 0.131997: 0.0771998: 0.0761999: 0.0762000: 0.0682001: 0.0782002: 0.0852003: 0.0962004: 0.1222005: 0.1212006: 0.1272007: 0.1282008: 0.1322009: 0.1422010: 0.1352011: 0.1422012: 0.1532013: 0.1562014: 0.1592015: 0.1752016: 0.1392017: 0.1712018: 0.1862019: 0.1832020: 0.178

Source: International Monetary Fund.

Analysis

In 2020, financial development index in Azerbaijan, Republic of stood at 0.1783.

That represents a change of down 2.6% on the previous year and up 32.3% over ten years.

Over the whole period, financial development index in Azerbaijan, Republic of peaked at 0.1864 in 2018 and was at its lowest, 0, in 1980.

That places Azerbaijan, Republic of 122nd out of 183 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 0 0 10
1990s 0.0907 0 0.1486 10
2000s 0.1098 0.0675 0.1418 10
2010s 0.16 0.1348 0.1864 10
2020s 0.1783 0.1783 0.1783 1

Countries ranked near Azerbaijan, Republic of

  1. 119 Vanuatu 0.1902 compare
  2. 120 Cambodia 0.1898 compare
  3. 121 Dominican Republic 0.1806 compare
  4. 123 Togo 0.1781 compare
  5. 124 Papua New Guinea 0.1763 compare
  6. 125 Paraguay 0.1735 compare

See the full ranking of 192 places β†’

More financial sector data for Azerbaijan, Republic of

All data for Azerbaijan, Republic of β†’

Frequently asked questions

What is financial development index in Azerbaijan, Republic of?
Financial development index in Azerbaijan, Republic of was 0.1783 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Azerbaijan, Republic of?
The highest recorded value was 0.1864 in 2018.
What is the lowest financial development index recorded in Azerbaijan, Republic of?
The lowest recorded value was 0 in 1980.
How does Azerbaijan, Republic of rank for financial development index?
Azerbaijan, Republic of ranks 122nd out of 183 countries with data for 2020.
Is financial development index rising or falling in Azerbaijan, Republic of?
Over the last ten years it is up 32.3%. The long-run trend across the full record is volatile.
Where does this Azerbaijan, Republic of data come from?
The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.

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Financial Development Index in Azerbaijan, Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/azerbaijan/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.