Business Bank Credit Access Statistics in Azerbaijan (2026)
36.4% of firms in Azerbaijan had a bank loan or line of credit in 2024, World Bank World Development Indicators data show. Up from 16.8% in 2019 to 36.4% in 2024 (+19.6 percentage points). Azerbaijan ranks #31 of 43 economies in Europe & Central Asia on this measure, and #67 of 145 globally.
Key Statistics
- Latest value (2024)
- 36.4% (2024)
- Business Bank Credit Access in Azerbaijan as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- +19.6 pp (2024)
- Up from 16.8% in 2019 to 36.4% in 2024 (+19.6 percentage points).
- Earliest value in this dataset (2009)
- 19.9% (2009)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 19.9% in 2009 to 36.4% in 2024.
- Record high (2024)
- 36.4% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Azerbaijan.
- Rank in Europe & Central Asia
- #31 of 43 (2024)
- Azerbaijan ranks 31 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #67 of 145 (2024)
- Azerbaijan ranks 67 of 145 countries with data globally.
- Europe & Central Asia average
- 44.8% (2024)
- Azerbaijan (36.4%) is below the average of 44.8% across the 43 countries in Europe & Central Asia with data.
- Firms using banks to finance working capital (% of firms) (2024)
- 30.1% (2024)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2024)
- 31.6% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 2009–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 36.4% | +19.6 pp |
| 2019 | 16.8% | +1.4 pp |
| 2013 | 15.5% | −4.4 pp |
| 2009 | 19.9% | — |
Frequently asked questions
What share of firms in Azerbaijan had a bank loan or line of credit?
36.4% of firms in Azerbaijan had a bank loan or line of credit in 2024, according to World Bank World Development Indicators data.
How does Azerbaijan compare with other countries in Europe & Central Asia?
Azerbaijan ranks 31 of 43 countries in Europe & Central Asia with data, with 36.4% versus a regional average of 44.8% (latest values per country).
Where does Azerbaijan rank globally on business bank credit access?
Azerbaijan ranks 67 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the business bank credit access data for Azerbaijan?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Azerbaijan.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, 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 .