Broad money to total reserves ratio (United Nations) in Azerbaijan
Azerbaijan: Broad money to total reserves ratio (United Nations) was 2.15 in 2024. ▲ Rising
Broad money to total reserves ratio in Azerbaijan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Azerbaijan recorded 2.15 for broad money to total reserves ratio in 2024.
The figure is up 11.7% on the previous year and up 22.2% over ten years.
Over the whole period, broad money to total reserves ratio in Azerbaijan peaked at 2.94 in 2015 and was at its lowest, 1.02, in 2001.
Azerbaijan ranks 116th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Broad money to total reserves ratio (United Nations) in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.26 | — |
| 2001 | 1.02 | -19.4% |
| 2002 | 1.12 | +10.4% |
| 2003 | 1.29 | +15.2% |
| 2004 | 1.43 | +10.1% |
| 2005 | 1.65 | +15.9% |
| 2006 | 1.54 | -6.9% |
| 2007 | 1.61 | +4.6% |
| 2008 | 1.6 | -0.6% |
| 2009 | 1.96 | +22.9% |
| 2010 | 2.05 | +4.2% |
| 2011 | 1.71 | -16.3% |
| 2012 | 1.89 | +10.5% |
| 2013 | 1.62 | -14.4% |
| 2014 | 1.76 | +8.8% |
| 2015 | 2.94 | +67.0% |
| 2016 | 1.95 | -33.6% |
| 2017 | 1.88 | -3.6% |
| 2018 | 2.11 | +12.2% |
| 2019 | 2.4 | +13.6% |
| 2020 | 2.21 | -8.1% |
| 2021 | 2.46 | +11.3% |
| 2022 | 2.22 | -9.6% |
| 2023 | 1.93 | -13.2% |
| 2024 | 2.15 | +11.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.15 is below the median for upper middle income countries, which is 2.8, 77% of the median. (52 countries reporting)
- Azerbaijan's 2.15 is above the median for Europe & Central Asia, which is 2.15, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.45 | 1.02 | 1.96 | 10 |
| 2010s | 2.03 | 1.62 | 2.94 | 10 |
| 2020s | 2.19 | 1.93 | 2.46 | 5 |
Countries ranked near Azerbaijan
- 113 Paraguay 2.21 compare
- 114 Mongolia 2.21 compare
- 115 Mauritania 2.18 compare
- 117 Bosnia and Herzegovina 2.15 compare
- 118 Syrian Arab Republic 2.14 compare
- 118 Syria 2.14 compare
More infrastructure data for Azerbaijan
- Mobile cellular subscriptions 11.32 million (2024)
- Mobile cellular subscriptions 109.54 per 100 people (2024)
- Fixed telephone subscriptions 1.33 million (2024)
- Fixed telephone subscriptions 12.82 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1299 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -18.95 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 1.33 million (2024)
- Mobile cellular subscriptions, per capita 1.11 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0002 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Azerbaijan?
- Broad money to total reserves ratio in Azerbaijan was 2.15 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Azerbaijan?
- The highest recorded value was 2.94 in 2015.
- What is the lowest broad money to total reserves ratio recorded in Azerbaijan?
- The lowest recorded value was 1.02 in 2001.
- How does Azerbaijan rank for broad money to total reserves ratio?
- Azerbaijan ranks 116th out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Azerbaijan?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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