Foreign banks among total banks (%) in Azerbaijan
Azerbaijan: Foreign banks among total banks (%) was 14.0% in 2013. ▲ Rising
Foreign banks among total banks in Azerbaijan, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Azerbaijan stood at 14.0%. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 40.0% over ten years.
Over the whole period, foreign banks among total banks in Azerbaijan peaked at 14.0% in 2008 and was at its lowest, 5.0%, in 1995.
That places Azerbaijan 108th out of 137 countries with data for 2013, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 5.0% | — |
| 1996 | 9.0% | +80.0% |
| 1997 | 9.0% | +0.0% |
| 1998 | 13.0% | +44.4% |
| 1999 | 13.0% | +0.0% |
| 2000 | 13.0% | +0.0% |
| 2001 | 13.0% | +0.0% |
| 2002 | 10.0% | -23.1% |
| 2003 | 10.0% | +0.0% |
| 2004 | 9.0% | -10.0% |
| 2005 | 10.0% | +11.1% |
| 2006 | 10.0% | +0.0% |
| 2007 | 9.0% | -10.0% |
| 2008 | 14.0% | +55.6% |
| 2009 | 14.0% | +0.0% |
| 2010 | 14.0% | +0.0% |
| 2011 | 14.0% | +0.0% |
| 2012 | 14.0% | +0.0% |
| 2013 | 14.0% | +0.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 14.0% is below the median for upper middle income countries, which is 41.0%, 34% of the median. (40 countries reporting)
- Azerbaijan's 14.0% is below the median for Europe & Central Asia, which is 50.0%, 28% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.8% | 5.0% | 13.0% | 5 |
| 2000s | 11.2% | 9.0% | 14.0% | 10 |
| 2010s | 14.0% | 14.0% | 14.0% | 4 |
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 foreign banks among total banks in Azerbaijan?
- Foreign banks among total banks in Azerbaijan was 14.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Azerbaijan?
- The highest recorded value was 14.0% in 2008.
- What is the lowest foreign banks among total banks recorded in Azerbaijan?
- The lowest recorded value was 5.0% in 1995.
- How does Azerbaijan rank for foreign banks among total banks?
- Azerbaijan ranks 108th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Azerbaijan?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.