Financial Institutions Access Index in Azerbaijan
Azerbaijan: Financial Institutions Access Index was 0.226 in 2020. ◆ Volatile
Financial Institutions Access Index in Azerbaijan, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Azerbaijan stood at 0.226.
That represents a change of down 2.7% on the previous year and down 2.3% over ten years.
Over the whole period, financial institutions access index in Azerbaijan peaked at 0.2808 in 2015 and was at its lowest, 0, in 1980.
That places Azerbaijan 118th 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.
Financial Institutions Access Index in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0.1272 | — |
| 1993 | 0.113 | -11.2% |
| 1994 | 0.113 | +0.0% |
| 1995 | 0.113 | +0.0% |
| 1996 | 0.1111 | -1.7% |
| 1997 | 0.085 | -23.6% |
| 1998 | 0.089 | +4.8% |
| 1999 | 0.0968 | +8.7% |
| 2000 | 0.1146 | +18.4% |
| 2001 | 0.1031 | -10.0% |
| 2002 | 0.11 | +6.7% |
| 2003 | 0.1319 | +19.9% |
| 2004 | 0.1408 | +6.7% |
| 2005 | 0.1459 | +3.6% |
| 2006 | 0.1584 | +8.6% |
| 2007 | 0.1829 | +15.4% |
| 2008 | 0.2044 | +11.7% |
| 2009 | 0.2198 | +7.6% |
| 2010 | 0.2314 | +5.2% |
| 2011 | 0.246 | +6.3% |
| 2012 | 0.2486 | +1.1% |
| 2013 | 0.2625 | +5.6% |
| 2014 | 0.2792 | +6.3% |
| 2015 | 0.2808 | +0.6% |
| 2016 | 0.15 | -46.6% |
| 2017 | 0.1472 | -1.9% |
| 2018 | 0.2254 | +53.1% |
| 2019 | 0.2323 | +3.0% |
| 2020 | 0.226 | -2.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.226 is below the median for upper middle income countries, which is 0.3583, 63% of the median. (54 countries reporting)
- Azerbaijan's 0.226 is below the median for Europe & Central Asia, which is 0.5389, 42% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -46.6% | 0.2808 | 0.15 |
| 2018 | +53.1% | 0.1472 | 0.2254 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0848 | 0 | 0.1272 | 10 |
| 2000s | 0.1512 | 0.1031 | 0.2198 | 10 |
| 2010s | 0.2303 | 0.1472 | 0.2808 | 10 |
| 2020s | 0.226 | 0.226 | 0.226 | 1 |
Countries ranked near Azerbaijan
- 115 Jamaica 0.2477 compare
- 116 Netherlands 0.2387 compare
- 117 Philippines 0.2353 compare
- 119 Paraguay 0.226 compare
- 120 Finland 0.211 compare
- 121 Micronesia (country) 0.1985 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 financial institutions access index in Azerbaijan?
- Financial institutions access index in Azerbaijan was 0.226 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Azerbaijan?
- The highest recorded value was 0.2808 in 2015.
- What is the lowest financial institutions access index recorded in Azerbaijan?
- The lowest recorded value was 0 in 1980.
- How does Azerbaijan rank for financial institutions access index?
- Azerbaijan ranks 118th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Azerbaijan?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
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.