Share of adults with an account at a financial institution in Azerbaijan

Azerbaijan: Share of adults with an account at a financial institution was 56.3% in 2024. ▲ Rising

Latest (2024)
56.3%
Change on year
up 21.7%
World rank
84th
of 115 countries
All-time high
56.3%
in 2024
All-time low
14.9%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Azerbaijan, 2011–2024

1020304050602011201720242011: 14.9 % age 15+2014: 29.2 % age 15+2017: 28.6 % age 15+2022: 46.3 % age 15+2024: 56.3 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

The most recent figure for share of adults with an account at a financial institution in Azerbaijan is 56.3%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 21.7% on the previous year and up 93.1% over ten years.

Over the whole period, share of adults with an account at a financial institution in Azerbaijan peaked at 56.3% in 2024 and was at its lowest, 14.9%, in 2011.

That places Azerbaijan 84th out of 115 countries with data for 2024, putting it in the middle of the range.

Share of adults with an account at a financial institution in Azerbaijan, year by year

Annual values for Share of adults with an account at a financial institution in Azerbaijan, 2011 to 2024.
Year % age 15+ Change
2011 14.9%
2014 29.2% +95.6%
2017 28.6% -2.0%
2022 46.3% +61.9%
2024 56.3% +21.7%

Azerbaijan compared with similar countries

  • Azerbaijan's 56.3% is below the median for upper middle income countries, which is 71.0%, 79% of the median. (36 countries reporting)
  • Azerbaijan's 56.3% is below the median for Europe & Central Asia, which is 88.6%, 64% of the median. (41 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 24.2% 14.9% 29.2% 3
2020s 51.3% 46.3% 56.3% 2

Countries ranked near Azerbaijan

  1. 81 Colombia 57.1% compare
  2. 82 Bolivia 56.8% compare
  3. 83 Indonesia 56.3% compare
  4. 85 Congo 55.6% compare
  5. 86 Moldova 55.5% compare
  6. 87 Mali 54.7% compare

See the full ranking of 115 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is share of adults with an account at a financial institution in Azerbaijan?
Share of adults with an account at a financial institution in Azerbaijan was 56.3% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Azerbaijan?
The highest recorded value was 56.3% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in Azerbaijan?
The lowest recorded value was 14.9% in 2011.
How does Azerbaijan rank for share of adults with an account at a financial institution?
Azerbaijan ranks 84th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Azerbaijan?
Over the last ten years it is up 93.1%. The long-run trend across the full record is rising.
Where does this Azerbaijan data come from?
The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

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Share of adults with an account at a financial institution in Azerbaijan. Statizoid, drawing on Global Findex Database - World Bank (2026) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-at-financial-institution/azerbaijan/

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<a href="https://reference.statizoid.com/stat/account-at-financial-institution/azerbaijan/">Share of adults with an account at a financial institution in Azerbaijan</a> — Statizoid

About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.