Bank branches — all countries

Bank branches — Azerbaijan

Bank branches in Azerbaijan in 2024 — 6.36 per 100k. Ranked 115 in the world out of 153. Since 2004, the indicator has fallen by 0.8%.

2024 6.36 per 100k +0.63% vs 2023
World rank 115of 153
Period maximum 10.87 per 100k2014
Period minimum 6.22 per 100k2020

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Azerbaijan, 2004–2024681012200420062008201020122014201620182020202220242004: 6.41 per 100k2005: 6.65 per 100k2006: 7.23 per 100k2007: 8.12 per 100k2008: 9.11 per 100k2009: 9.71 per 100k2010: 9.8 per 100k2011: 9.94 per 100k2012: 9.66 per 100k2013: 10.2 per 100k2014: 10.87 per 100k2015: 10.74 per 100k2016: 8.08 per 100k2017: 7.19 per 100k2018: 7.1 per 100k2019: 7.03 per 100k2020: 6.22 per 100k2021: 6.48 per 100k2022: 6.54 per 100k2023: 6.32 per 100k2024: 6.36 per 100k
Change over the period: −0.05 (−0.82%) Average annual rate: -0.04 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Azerbaijan

Azerbaijan 6.36 per 100k
World 11.12 per 100k
Europe & Central Asia 18.97 per 100k
Western Asia computed 10.53 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year per 100k Change Change, %
2024 6.36 +0.04 +0.63%
2023 6.32 −0.22 −3.42%
2022 6.54 +0.06 +0.89%
2021 6.48 +0.26 +4.19%
2020 6.22 −0.81 −11.55%
2019 7.03 −0.07 −0.94%
2018 7.1 −0.09 −1.25%
2017 7.19 −0.89 −11.02%
2016 8.08 −2.66 −24.75%
2015 10.74 −0.13 −1.2%
2014 10.87 +0.67 +6.52%
2013 10.2 +0.54 +5.59%
2012 9.66 −0.28 −2.84%
2011 9.94 +0.15 +1.52%
2010 9.8 +0.08 +0.85%
2009 9.71 +0.61 +6.66%
2008 9.11 +0.99 +12.2%
2007 8.12 +0.88 +12.21%
2006 7.23 +0.58 +8.7%
2005 6.65 +0.25 +3.83%
2004 6.41

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.