Azerbaijan: Financial institutions development

* indicates monthly or quarterly data series
 Azerbaijan

Financial institutions development

 Latest value 0.288
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.229
 Min - Max 0.118 - 0.309
 Source International Monetary Fund
The latest value from 2021 is 0.288 index points, an increase from 0.282 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Azerbaijan from 1992 to 2021 is 0.229 index points. The minimum value, 0.118 index points, was reached in 2000 while the maximum of 0.309 index points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Azerbaijan - Financial institutions development - Recent values chart

Historical series
Azerbaijan - Financial institutions development - historical chart - 1992-2021




Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.253 2021 index points
 Financial institutions development 0.288 2021 index points
 Financial institutions development, depth 0.068 2021 index points
 Financial institutions development, access 0.241 2021 index points
 Financial institutions development, efficiency 0.574 2021 index points
 Financial markets development 0.208 2021 index points
 Financial markets development, depth 0.112 2021 index points
 Financial markets development, access 0.520 2021 index points
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