Bank Branch Density Statistics in Azerbaijan (2026)
As of 2023, commercial bank branch density in Azerbaijan was 6.4 per 100,000 adults, per World Bank World Development Indicators data. Down from 6.6 per 100,000 adults in 2022 to 6.4 per 100,000 adults in 2023. Azerbaijan ranks #41 of 46 economies in Europe & Central Asia on this measure, and #124 of 172 globally.
Key Statistics
- Latest value (2023)
- 6.4 per 100,000 adults (2023)
- Bank Branch Density in Azerbaijan as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −3.2% (2023)
- Down from 6.6 per 100,000 adults in 2022 to 6.4 per 100,000 adults in 2023.
- CAGR 2004–2023
- −0.1% per year (2023)
- Compound annual growth rate from 6.5 per 100,000 adults in 2004 to 6.4 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 6.5 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.5 per 100,000 adults in 2004 to 6.4 per 100,000 adults in 2023.
- Peak value (2014)
- 11 per 100,000 adults (2014)
- Highest value in the available series; the 2023 value is 6.4 per 100,000 adults.
- Rank in Europe & Central Asia
- #41 of 46 (2023)
- Azerbaijan ranks 41 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #124 of 172 (2023)
- Azerbaijan ranks 124 of 172 countries with data globally.
- Europe & Central Asia average
- 23.6 per 100,000 adults (2023)
- Azerbaijan (6.4 per 100,000 adults) is below the average of 23.6 per 100,000 adults across the 46 countries in Europe & Central Asia with data.
- Projected 2026 value
- 5.8 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR -3.4%); not an official figure.
- Number of commercial bank branches per 100,000 adults (2024)
- 6.4 per 100,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Branches excluding headquarters, commercial banks (number) (2024)
- 485 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Azerbaijan (2025)
- 90.8% (2025)
- 90.8% of the population in Azerbaijan used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 10.2 million (2024)
- Azerbaijan had a population of 10.2 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 6.4 | −3.2% |
| 2022 | 6.6 | +0.8% |
| 2021 | 6.5 | +4.1% |
| 2020 | 6.3 | −11.6% |
| 2019 | 7.1 | −0.8% |
| 2018 | 7.2 | −1.1% |
| 2017 | 7.3 | −11.1% |
| 2016 | 8.2 | −24.9% |
| 2015 | 10.9 | −1.4% |
| 2014 | 11 | +6.2% |
| 2013 | 10.4 | +5.3% |
| 2012 | 9.9 | −2.9% |
| 2011 | 10.2 | +1.6% |
| 2010 | 10 | +1.0% |
| 2009 | 9.9 | +6.9% |
| 2008 | 9.3 | +12.3% |
| 2007 | 8.2 | +12.3% |
| 2006 | 7.3 | +8.7% |
| 2005 | 6.8 | +3.8% |
| 2004 | 6.5 | — |
Frequently asked questions
What is the latest figure for commercial bank branch density in Azerbaijan?
Commercial bank branch density in Azerbaijan stood at 6.4 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
What could bank branch density in Azerbaijan look like in 2026?
A trend-based projection puts it at 5.8 per 100,000 adults in 2026. Projection based on 7-year trend (CAGR -3.4%); not an official figure.
When did bank branch density in Azerbaijan peak?
The highest value in the available series was 11 per 100,000 adults in 2014; the latest (2023) value is 6.4 per 100,000 adults.
How recent is the bank branch density data for Azerbaijan?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Azerbaijan.
Where does the bank branch density data for Azerbaijan come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.BRCH.P5). The latest observation for Azerbaijan is from 2023; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRCH.P5, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .