Financial Institutions Depth Index in Azerbaijan
Azerbaijan: Financial Institutions Depth Index was 0.0725 in 2020. ◆ Volatile
Financial Institutions Depth Index in Azerbaijan, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Azerbaijan stood at 0.0725.
Compared with earlier readings it is up 8.3% on the previous year and up 61.7% over ten years.
Over the whole period, financial institutions depth index in Azerbaijan peaked at 0.096 in 2015 and was at its lowest, 0, in 1980.
That places Azerbaijan 143rd out of 183 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Depth 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 | 0.0299 | — |
| 1993 | 0.0266 | -11.2% |
| 1994 | 0.0147 | -44.7% |
| 1995 | 0.0106 | -27.7% |
| 1996 | 0.0104 | -1.7% |
| 1997 | 0.0129 | +23.3% |
| 1998 | 0.0162 | +25.8% |
| 1999 | 0.0156 | -3.8% |
| 2000 | 0.0215 | +38.1% |
| 2001 | 0.0338 | +57.3% |
| 2002 | 0.0348 | +3.0% |
| 2003 | 0.0402 | +15.3% |
| 2004 | 0.0435 | +8.2% |
| 2005 | 0.0394 | -9.2% |
| 2006 | 0.0368 | -6.7% |
| 2007 | 0.0441 | +19.9% |
| 2008 | 0.0431 | -2.3% |
| 2009 | 0.0506 | +17.3% |
| 2010 | 0.0448 | -11.4% |
| 2011 | 0.0442 | -1.4% |
| 2012 | 0.055 | +24.4% |
| 2013 | 0.0677 | +23.2% |
| 2014 | 0.0785 | +16.0% |
| 2015 | 0.096 | +22.3% |
| 2016 | 0.0833 | -13.3% |
| 2017 | 0.0637 | -23.5% |
| 2018 | 0.0665 | +4.3% |
| 2019 | 0.0669 | +0.7% |
| 2020 | 0.0725 | +8.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.0725 is below the median for upper middle income countries, which is 0.1919, 38% of the median. (54 countries reporting)
- Azerbaijan's 0.0725 is below the median for Europe & Central Asia, which is 0.2816, 26% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0137 | 0 | 0.0299 | 10 |
| 2000s | 0.0388 | 0.0215 | 0.0506 | 10 |
| 2010s | 0.0667 | 0.0442 | 0.096 | 10 |
| 2020s | 0.0725 | 0.0725 | 0.0725 | 1 |
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 financial institutions depth index in Azerbaijan?
- Financial institutions depth index in Azerbaijan was 0.0725 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Azerbaijan?
- The highest recorded value was 0.096 in 2015.
- What is the lowest financial institutions depth index recorded in Azerbaijan?
- The lowest recorded value was 0 in 1980.
- How does Azerbaijan rank for financial institutions depth index?
- Azerbaijan ranks 143rd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Azerbaijan?
- Over the last ten years it is up 61.7%. 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 Depth Index. Statizoid updates them automatically from the source API.
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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.