Financial system deposits to GDP (%) in Azerbaijan
Azerbaijan: Financial system deposits to GDP (%) was 25.5% in 2021. ◆ Volatile
Financial system deposits to GDP in Azerbaijan, 1992–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Azerbaijan is 25.5%, measured in 2021.
That represents a change of up 0.4% on the previous year and up 98.7% over ten years.
Over the whole period, financial system deposits to gdp in Azerbaijan peaked at 41.0% in 1994 and was at its lowest, 4.9%, in 1996.
Azerbaijan ranks 151st of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 27.1% | — |
| 1993 | 27.1% | +0.2% |
| 1994 | 41.0% | +51.1% |
| 1995 | 6.6% | -83.8% |
| 1996 | 4.9% | -26.1% |
| 1997 | 6.2% | +26.2% |
| 1998 | 5.0% | -18.6% |
| 1999 | 5.5% | +9.7% |
| 2000 | 10.4% | +87.5% |
| 2001 | 7.3% | -29.7% |
| 2002 | 7.1% | -2.0% |
| 2003 | 8.0% | +11.7% |
| 2004 | 11.2% | +40.8% |
| 2005 | 9.6% | -14.4% |
| 2006 | 10.6% | +10.4% |
| 2007 | 10.5% | -0.7% |
| 2008 | 10.3% | -2.1% |
| 2009 | 11.8% | +14.4% |
| 2010 | 11.7% | -1.0% |
| 2011 | 12.8% | +10.1% |
| 2012 | 13.6% | +5.7% |
| 2013 | 14.8% | +8.7% |
| 2014 | 18.0% | +21.8% |
| 2015 | 30.2% | +68.0% |
| 2016 | 24.0% | -20.6% |
| 2017 | 21.3% | -11.2% |
| 2018 | 20.2% | -4.9% |
| 2019 | 23.3% | +15.3% |
| 2020 | 25.4% | +8.8% |
| 2021 | 25.5% | +0.4% |
Azerbaijan compared with similar countries
- Azerbaijan's 25.5% is below the median for upper middle income countries, which is 56.7%, 45% of the median. (55 countries reporting)
- Azerbaijan's 25.5% is below the median for Europe & Central Asia, which is 66.9%, 38% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Financial system deposits to GDP (%) 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 |
|---|---|---|---|
| 1995 | -83.8% | 41.0% | 6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.4% | 4.9% | 41.0% | 8 |
| 2000s | 9.7% | 7.1% | 11.8% | 10 |
| 2010s | 19.0% | 11.7% | 30.2% | 10 |
| 2020s | 25.5% | 25.4% | 25.5% | 2 |
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 system deposits to gdp in Azerbaijan?
- Financial system deposits to gdp in Azerbaijan was 25.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Azerbaijan?
- The highest recorded value was 41.0% in 1994.
- What is the lowest financial system deposits to gdp recorded in Azerbaijan?
- The lowest recorded value was 4.9% in 1996.
- How does Azerbaijan rank for financial system deposits to gdp?
- Azerbaijan ranks 151st out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 98.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).