Total factoring volume to GDP (%) in Azerbaijan
Azerbaijan: Total factoring volume to GDP (%) was 0.3% in 2020. ▲ Rising
Latest (2020)
0.3%
Change on year
up 23.5%
World rank
61st
of 73 countries
All-time high
0.3%
in 2020
All-time low
0.0%
in 2015
Years of data
6
2015–2020
Total factoring volume to GDP in Azerbaijan, 2015–2020
Source: Factors Chain International. Measured in %.
Analysis
In 2020, total factoring volume to gdp in Azerbaijan stood at 0.3%. That is the highest value across all 6 years on record.
That represents a change of up 23.5% on the previous year and up 1,109.6% over ten years.
That places Azerbaijan 61st out of 73 countries with data for 2020, putting it in the bottom quarter.
Total factoring volume to GDP (%) in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 0.0% | — |
| 2016 | 0.2% | +484.6% |
| 2017 | 0.2% | +22.4% |
| 2018 | 0.2% | -17.2% |
| 2019 | 0.3% | +65.3% |
| 2020 | 0.3% | +23.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 0.3% is below the median for upper middle income countries, which is 1.6%, 21% of the median. (21 countries reporting)
- Azerbaijan's 0.3% is below the median for Europe & Central Asia, which is 5.9%, 5% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2% | 0.0% | 0.3% | 5 |
| 2020s | 0.3% | 0.3% | 0.3% | 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 total factoring volume to gdp in Azerbaijan?
- Total factoring volume to gdp in Azerbaijan was 0.3% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Azerbaijan?
- The highest recorded value was 0.3% in 2020.
- What is the lowest total factoring volume to gdp recorded in Azerbaijan?
- The lowest recorded value was 0.0% in 2015.
- How does Azerbaijan rank for total factoring volume to gdp?
- Azerbaijan ranks 61st out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 1,109.6%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.