Azerbaijan: Financial markets development

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 or world map for that indicator or use the country comparator to compare trends over time.

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.