Wealth share of the richest 1% in Azerbaijan

Azerbaijan: Wealth share of the richest 1% was 23.1% in 2024. ▲ Rising

Latest (2024)
23.1%
Change on year
unchanged
World rank
191st
of 215 countries
All-time high
24.4%
in 1999
All-time low
21.6%
in 1990
Years of data
45
1980–2024

Wealth share of the richest 1% in Azerbaijan, 1980–2024

05101520251980200220241980: 21.6 %1981: 21.6 %1982: 21.6 %1983: 21.6 %1984: 21.6 %1985: 21.6 %1986: 21.6 %1987: 21.6 %1988: 21.6 %1989: 21.6 %1990: 21.6 %1991: 21.7 %1992: 22 %1993: 22.5 %1994: 23.4 %1995: 24.1 %1996: 24.3 %1997: 24.4 %1998: 24.3 %1999: 24.4 %2000: 24.3 %2001: 24.3 %2002: 23.1 %2003: 23 %2004: 23.1 %2005: 23.3 %2006: 23.9 %2007: 24.2 %2008: 23.2 %2009: 23.2 %2010: 23.1 %2011: 23.1 %2012: 23.3 %2013: 23.2 %2014: 23.2 %2015: 23.1 %2016: 22.9 %2017: 23.1 %2018: 23.1 %2019: 23.1 %2020: 23.1 %2021: 23.1 %2022: 23.1 %2023: 23.1 %2024: 23.1 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Azerbaijan is 23.1%, measured in 2024.

The figure is down 0.3% over ten years.

Over the whole period, wealth share of the richest 1% in Azerbaijan peaked at 24.4% in 1999 and was at its lowest, 21.6%, in 1990.

Azerbaijan ranks 191st of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 45 years of available data.

Wealth share of the richest 1% in Azerbaijan, year by year

Annual values for Wealth share of the richest 1% in Azerbaijan, 1980 to 2024.
Year % Change
1980 21.6%
1981 21.6% -0.0%
1982 21.6% +0.0%
1983 21.6% +0.0%
1984 21.6% -0.0%
1985 21.6% -0.0%
1986 21.6% +0.0%
1987 21.6% -0.0%
1988 21.6% +0.0%
1989 21.6% +0.0%
1990 21.6% -0.0%
1991 21.7% +0.6%
1992 22.0% +1.2%
1993 22.5% +2.4%
1994 23.4% +4.0%
1995 24.1% +3.1%
1996 24.3% +0.7%
1997 24.4% +0.3%
1998 24.3% -0.2%
1999 24.4% +0.4%
2000 24.3% -0.5%
2001 24.3% -0.0%
2002 23.1% -5.0%
2003 23.0% -0.3%
2004 23.1% +0.5%
2005 23.3% +0.7%
2006 23.9% +2.9%
2007 24.2% +1.3%
2008 23.2% -4.2%
2009 23.2% -0.3%
2010 23.1% -0.5%
2011 23.1% +0.3%
2012 23.3% +0.6%
2013 23.2% -0.5%
2014 23.2% +0.0%
2015 23.1% -0.4%
2016 22.9% -0.7%
2017 23.1% +0.7%
2018 23.1% +0.0%
2019 23.1% +0.0%
2020 23.1% +0.0%
2021 23.1% -0.0%
2022 23.1% +0.0%
2023 23.1% +0.0%
2024 23.1% +0.0%

Azerbaijan compared with similar countries

  • Azerbaijan's 23.1% is below the median for upper middle income countries, which is 27.2%, 85% of the median. (58 countries reporting)
  • Azerbaijan's 23.1% is below the median for Europe & Central Asia, which is 24.1%, 96% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 21.6% 21.6% 21.6% 10
1990s 23.3% 21.6% 24.4% 10
2000s 23.6% 23.0% 24.3% 10
2010s 23.1% 22.9% 23.3% 10
2020s 23.1% 23.1% 23.1% 5

Countries ranked near Azerbaijan

  1. 188 Slovenia 23.2% compare
  2. 189 Guinea 23.2% compare
  3. 190 Ukraine 23.2% compare
  4. 192 Gibraltar 22.9% compare
  5. 192 Guernsey 22.9% compare
  6. 192 Jersey 22.9% compare
  7. 192 San Marino 22.9% compare

See the full ranking of 215 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is wealth share of the richest 1% in Azerbaijan?
Wealth share of the richest 1% in Azerbaijan was 23.1% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Azerbaijan?
The highest recorded value was 24.4% in 1999.
What is the lowest wealth share of the richest 1% recorded in Azerbaijan?
The lowest recorded value was 21.6% in 1990.
How does Azerbaijan rank for wealth share of the richest 1%?
Azerbaijan ranks 191st out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Azerbaijan?
Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
Where does this Azerbaijan data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Azerbaijan. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/azerbaijan/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.