Number of Household Sector Depositors with Commercial Banks per 1,000 in Azerbaijan
Azerbaijan: Number of Household Sector Depositors with Commercial Banks per 1,000 was 1,925 in 2024. ◆ Volatile
Number of Household Sector Depositors with Commercial Banks per 1,000 in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector depositors with commercial banks per 1,000 in Azerbaijan stood at 1,925. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 10.1% on the previous year and up 213.1% over ten years.
Over the whole period, number of household sector depositors with commercial banks per 1,000 in Azerbaijan peaked at 1,925 in 2024 and was at its lowest, 74.12, in 2005.
Azerbaijan ranks 4th of 72 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Depositors with Commercial Banks per 1,000 in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 74.12 | — |
| 2006 | 126.94 | +71.3% |
| 2007 | 170.73 | +34.5% |
| 2008 | 237.4 | +39.0% |
| 2009 | 286.92 | +20.9% |
| 2010 | 342.05 | +19.2% |
| 2011 | 385.75 | +12.8% |
| 2012 | 449.05 | +16.4% |
| 2013 | 529.29 | +17.9% |
| 2014 | 614.88 | +16.2% |
| 2015 | 694.57 | +13.0% |
| 2016 | 892.65 | +28.5% |
| 2017 | 987.33 | +10.6% |
| 2018 | 1,037 | +5.0% |
| 2019 | 1,239 | +19.6% |
| 2020 | 1,461 | +17.9% |
| 2021 | 1,604 | +9.8% |
| 2022 | 1,682 | +4.9% |
| 2023 | 1,749 | +4.0% |
| 2024 | 1,925 | +10.1% |
Azerbaijan compared with similar countries
- Azerbaijan's 1,925 is above the median for upper middle income countries, which is 1,126, 1.7× the median. (24 countries reporting)
- Azerbaijan's 1,925 is above the median for Europe & Central Asia, which is 1,342, 1.4× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Depositors with Commercial Banks per 1,000 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 |
|---|---|---|---|
| 2006 | +71.3% | 74.12 | 126.94 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 179.22 | 74.12 | 286.92 | 5 |
| 2010s | 717.17 | 342.05 | 1,239 | 10 |
| 2020s | 1,684 | 1,461 | 1,925 | 5 |
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 number of household sector depositors with commercial banks per 1,000 in Azerbaijan?
- Number of household sector depositors with commercial banks per 1,000 in Azerbaijan was 1,925 in 2024, according to International Monetary Fund.
- What is the highest number of household sector depositors with commercial banks per 1,000 recorded in Azerbaijan?
- The highest recorded value was 1,925 in 2024.
- What is the lowest number of household sector depositors with commercial banks per 1,000 recorded in Azerbaijan?
- The lowest recorded value was 74.12 in 2005.
- How does Azerbaijan rank for number of household sector depositors with commercial banks per 1,000?
- Azerbaijan ranks 4th out of 72 countries with data for 2024.
- Is number of household sector depositors with commercial banks per 1,000 rising or falling in Azerbaijan?
- Over the last ten years it is up 213.1%. 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 Number of Household Sector Depositors with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.