Azerbaijan: Depositors with commercial banks (per 1,000 adults)

Key figures

What the numbers say

In 2024, Azerbaijan's depositors with commercial banks (per 1,000 adults) rose 178.82 on 2023 (from 1,770 to 1,949).

Across the 18 yearly changes before that (2006 to 2023), the average change was +93.23 and a typical year strayed about 58.06 from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 223.42 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 137.53 a year. A straight line explains 99% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 2,347 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 37.1, against 182.21 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Azerbaijan had the 7th highest value of the 74 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Azerbaijan in the 2024 ranking

• Estonia — 4th of 74: 2,150
• Mauritius — 5th of 74: 1,991
• Costa Rica — 6th of 74: 1,958
• Maldives — 8th of 74: 1,936
• Nigeria — 9th of 74: 1,914
• Cabo Verde — 10th of 74: 1,884

What this measures

Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.

Limitations: For many countries data cover the total number of deposit accounts due to lack of information on account holders.

Regional and income-group figures are computed by the World Bank as a median.

All 20 values

Depositors with commercial banks (per 1,000 adults) in nearby economies

• Croatia — 1,545 (2024)
• Cyprus — 1,288 (2024)
• Estonia — 2,150 (2024)
• Georgia — 1,091 (2024)
• Hungary — 1,263 (2024)
• Italy — 773.04 (2024)
• Kyrgyz Republic — 1,799 (2024)
• Latvia — 1,275 (2024)
• Moldova — 1,817 (2024)
• North Macedonia

More financial sector data for Azerbaijan

• GDP deflator (base year varies by country) — 380.4 (2025)
• GDP deflator, linked series (base year varies by country) — 380.4 (2025)
• DEC alternative conversion factor (LCU per US$) — US$1.7 (2025)
• Consumer price index (2010 = 100) — 229.91 (2025)
• Inflation, GDP deflator (annual % growth) — 0.57% (2025)
• Inflation, GDP deflator, linked series (annual % growth) — 0.57% (2025)
• Domestic credit to private sector by banks (% of GDP) — 22.84% (2025)
• Net domestic credit (current LCU) — 36.87 billion (2025)
• Net foreign assets (current LCU) — 25.43 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Azerbaijan's depositors with commercial banks (per 1,000 adults)?

1,949 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 2,022% from 91.86 in 2005 (17.44% a year on average, compounded). The highest value was 1,949 in 2024 and the lowest 91.86 in 2005.

How does Azerbaijan rank?

Source

World Bank, World Development Indicators, indicator FB.CBK.DPTR.P3, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.