Financial Institutions Efficiency Index in Azerbaijan

Azerbaijan: Financial Institutions Efficiency Index was 0.614 in 2020. β—† Volatile

Latest (2020)
0.614
Change on year
down 7.6%
World rank
71st
of 183 countries
All-time high
0.7606
in 1992
All-time low
0
in 1980
Years of data
41
1980–2020

Financial Institutions Efficiency Index in Azerbaijan, 1980–2020

00.20.40.60.81980200020201980: 01981: 01982: 01983: 01984: 01985: 01986: 01987: 01988: 01989: 01990: 01991: 01992: 0.7611993: 0.71994: 0.71995: 0.71996: 0.6911997: 0.3531998: 0.3241999: 0.3112000: 0.2162001: 0.3052002: 0.3532003: 0.3952004: 0.442005: 0.4452006: 0.472007: 0.4492008: 0.472009: 0.4812010: 0.4412011: 0.5072012: 0.5682013: 0.5312014: 0.4932015: 0.4962016: 0.3992017: 0.6842018: 0.6872019: 0.6642020: 0.614

Source: International Monetary Fund.

Analysis

In 2020, financial institutions efficiency index in Azerbaijan stood at 0.614.

Compared with earlier readings it is down 7.6% on the previous year and up 39.3% over ten years.

Over the whole period, financial institutions efficiency index in Azerbaijan peaked at 0.7606 in 1992 and was at its lowest, 0, in 1980.

That places Azerbaijan 71st 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 0.4539 0 0.7606 10
2000s 0.4023 0.216 0.4807 10
2010s 0.547 0.3991 0.6868 10
2020s 0.614 0.614 0.614 1

Countries ranked near Azerbaijan

  1. 68 Yemen 0.6159 compare
  2. 69 Switzerland 0.6153 compare
  3. 70 Bolivia, Plurinational State of 0.6142 compare
  4. 72 Niger 0.6113 compare
  5. 73 Nepal 0.6107 compare
  6. 74 Togo 0.6086 compare

See the full ranking of 192 places β†’

More financial sector data for Azerbaijan

All data for Azerbaijan β†’

Frequently asked questions

What is financial institutions efficiency index in Azerbaijan?
Financial institutions efficiency index in Azerbaijan was 0.614 in 2020, according to International Monetary Fund.
What is the highest financial institutions efficiency index recorded in Azerbaijan?
The highest recorded value was 0.7606 in 1992.
What is the lowest financial institutions efficiency index recorded in Azerbaijan?
The lowest recorded value was 0 in 1980.
How does Azerbaijan rank for financial institutions efficiency index?
Azerbaijan ranks 71st out of 183 countries with data for 2020.
Is financial institutions efficiency index rising or falling in Azerbaijan?
Over the last ten years it is up 39.3%. 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 Efficiency Index. Statizoid updates them automatically from the source API.

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Financial Institutions Efficiency Index in Azerbaijan. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-efficiency-index/azerbaijan/

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About this data

Indicator
Financial Institutions Efficiency 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.