Azerbaijan: Savings, in dollars
* indicates monthly or quarterly data series
| Azerbaijan |
Savings, billion USD |
|---|---|
| Latest value | 21.57 |
| Year | 2023 |
| Measure | billion U.S. dollars |
| Data availability | 1995 - 2023 |
| Average | 12.98 |
| Min - Max | 0.07 - 33.14 |
| Source | The World Bank |
The latest value from 2023 is 21.57 billion U.S. dollars, a decline from 33.14 billion U.S. dollars in 2022. In comparison, the world average is 139.48 billion U.S. dollars, based on data from 89 countries. Historically, the average for Azerbaijan from 1995 to 2023 is 12.98 billion U.S. dollars. The minimum value, 0.07 billion U.S. dollars, was reached in 1996 while the maximum of 33.14 billion U.S. dollars was recorded in 2022.
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* indicates monthly or quarterly data series
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Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
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 |
|---|---|---|---|
| Share of industry | 46.63 | 2023 | percent |
| Share of manufacturing | 5.78 | 2023 | percent |
| Share of services | 39.08 | 2023 | percent |
| Industry value added | 33.74 | 2023 | billion U.S. dollars |
| Manufacturing value added | 4.18 | 2023 | billion U.S. dollars |
| Services value added | 28.27 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 42.73 | 2022 | percent |
| Savings, in dollars | 21.57 | 2023 | billion U.S. dollars |