Azerbaijan: Financial markets development

* indicates monthly or quarterly data series
 Azerbaijan

Financial markets development

 Latest value 0.208
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.182
 Min - Max 0.139 - 0.229
 Source International Monetary Fund
The latest value from 2021 is 0.208 index points, a decline from 0.222 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Azerbaijan from 1992 to 2021 is 0.182 index points. The minimum value, 0.139 index points, was reached in 2003 while the maximum of 0.229 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Azerbaijan - Financial markets development - Recent values chart

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




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

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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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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