Financial Institutions Index in Azerbaijan
Azerbaijan: Financial Institutions Index was 0.2867 in 2020. ◆ Volatile
Financial Institutions Index in Azerbaijan, 1980–2020
Source: International Monetary Fund.
Analysis
Azerbaijan recorded 0.2867 for financial institutions index in 2020.
The figure is down 4.4% on the previous year and up 23.3% over ten years.
Over the whole period, financial institutions index in Azerbaijan peaked at 0.3026 in 2018 and was at its lowest, 0, in 1980.
That places Azerbaijan 121st 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 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 | 0.2635 | — |
| 1993 | 0.2403 | -8.8% |
| 1994 | 0.2351 | -2.1% |
| 1995 | 0.2333 | -0.8% |
| 1996 | 0.2303 | -1.3% |
| 1997 | 0.133 | -42.2% |
| 1998 | 0.1287 | -3.2% |
| 1999 | 0.1285 | -0.2% |
| 2000 | 0.1142 | -11.1% |
| 2001 | 0.1375 | +20.4% |
| 2002 | 0.1534 | +11.5% |
| 2003 | 0.1757 | +14.5% |
| 2004 | 0.1926 | +9.6% |
| 2005 | 0.1943 | +0.9% |
| 2006 | 0.205 | +5.5% |
| 2007 | 0.2134 | +4.1% |
| 2008 | 0.2275 | +6.6% |
| 2009 | 0.2402 | +5.6% |
| 2010 | 0.2324 | -3.3% |
| 2011 | 0.2554 | +9.9% |
| 2012 | 0.277 | +8.4% |
| 2013 | 0.2789 | +0.7% |
| 2014 | 0.2812 | +0.8% |
| 2015 | 0.2901 | +3.2% |
| 2016 | 0.2034 | -29.9% |
| 2017 | 0.2671 | +31.3% |
| 2018 | 0.3026 | +13.3% |
| 2019 | 0.2999 | -0.9% |
| 2020 | 0.2867 | -4.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.2867 is below the median for upper middle income countries, which is 0.4252, 67% of the median. (54 countries reporting)
- Azerbaijan's 0.2867 is below the median for Europe & Central Asia, which is 0.5263, 54% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.1593 | 0 | 0.2635 | 10 |
| 2000s | 0.1854 | 0.1142 | 0.2402 | 10 |
| 2010s | 0.2688 | 0.2034 | 0.3026 | 10 |
| 2020s | 0.2867 | 0.2867 | 0.2867 | 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 index in Azerbaijan?
- Financial institutions index in Azerbaijan was 0.2867 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Azerbaijan?
- The highest recorded value was 0.3026 in 2018.
- What is the lowest financial institutions index recorded in Azerbaijan?
- The lowest recorded value was 0 in 1980.
- How does Azerbaijan rank for financial institutions index?
- Azerbaijan ranks 121st out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Azerbaijan?
- Over the last ten years it is up 23.3%. 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 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.