Saved at a financial institution or using a mobile money account in Azerbaijan

Azerbaijan: Saved at a financial institution or using a mobile money account was 17.0% in 2024. ◆ Volatile

Latest (2024)
17.0%
Change on year
up 288.5%
World rank
58th
of 82 countries
All-time high
17.0%
in 2024
All-time low
1.6%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Azerbaijan, 2011–2024

0510152011201720242011: 1.6 % age 15+2014: 5.3 % age 15+2017: 4.5 % age 15+2022: 4.4 % age 15+2024: 17 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Azerbaijan recorded 17.0% for saved at a financial institution or using a mobile money account in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 288.5% on the previous year and up 218.1% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Azerbaijan peaked at 17.0% in 2024 and was at its lowest, 1.6%, in 2011.

That places Azerbaijan 58th out of 82 countries with data for 2024, putting it in the middle of the range.

Saved at a financial institution or using a mobile money account in Azerbaijan, year by year

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Azerbaijan, 2011 to 2024.
Year % age 15+ Change
2011 1.6%
2014 5.3% +231.7%
2017 4.5% -15.0%
2022 4.4% -3.6%
2024 17.0% +288.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.8% 1.6% 5.3% 3
2020s 10.7% 4.4% 17.0% 2

Countries ranked near Azerbaijan

  1. 55 Georgia 18.7% compare
  2. 56 Honduras 18.1% compare
  3. 57 Mexico 17.3% compare
  4. 59 Algeria 16.6% compare
  5. 60 Mauritania 16.1% compare
  6. 61 Kosovo 15.8% compare
  7. 61 Kosovo (UNSCR 1244) 15.8% compare

See the full ranking of 92 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Azerbaijan?
Saved at a financial institution or using a mobile money account in Azerbaijan was 17.0% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Azerbaijan?
The highest recorded value was 17.0% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Azerbaijan?
The lowest recorded value was 1.6% in 2011.
How does Azerbaijan rank for saved at a financial institution or using a mobile money account?
Azerbaijan ranks 58th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Azerbaijan?
Over the last ten years it is up 218.1%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Azerbaijan. Statizoid, drawing on Global Findex Database. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/azerbaijan/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)