Azerbaijan - Credit to GDP 2023
23.13%
+4.83% from 2022
Azerbaijan's credit to gdp was 23.13% in 2023, increased +4.83% from 18.30% in 2022. This was the 37th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | 28.0% |
| 2nd | South Sudan | 3.05% | 1.0% |
| 3rd | Sierra Leone | 3.24% | -8.5% |
| 4th | Haiti | 5.17% | -37.3% |
| 5th | Equatorial Guinea | 5.91% | -26.9% |
| 6th | Zimbabwe | 6.48% | 11.2% |
| 7th | Angola | 7.57% | 10.2% |
| 8th | Malawi | 7.75% | -10.4% |
| 9th | São Tomé and Principe | 7.82% | -39.2% |
| 10th | Gambia, The | 8.73% | -9.3% |
| 11th | Ghana | 9.45% | -28.9% |
| 12th | Niger | 11.06% | -11.4% |
| 13th | Congo, Democratic Republic of | 11.29% | 32.2% |
| 14th | Pakistan | 12.02% | -19.0% |
| 15th | Libya | 12.22% | 14.0% |
| 16th | Tajikistan | 12.22% | 17.3% |
| 17th | Guinea-Bissau | 12.28% | -15.6% |
| 18th | Iraq | 12.55% | 31.6% |
| 19th | Congo, Republic of | 13.79% | 8.0% |
| 20th | Uganda | 14.81% | -1.8% |
| 21st | Argentina | 15.36% | 19.1% |
| 22nd | Tanzania | 16.39% | 8.1% |
| 23rd | Papua New Guinea | 16.51% | 9.8% |
| 24th | Suriname | 16.60% | -14.3% |
| 25th | Madagascar | 17.11% | -8.2% |
| 26th | Comoros | 18.33% | 7.5% |
| 27th | Mozambique | 18.52% | -10.6% |
| 28th | Benin | 18.61% | 8.8% |
| 29th | Ukraine | 18.65% | -20.0% |
| 30th | Algeria | 18.85% | 3.3% |
| 31st | Guyana | 19.93% | -1.3% |
| 32nd | Kyrgyz Republic | 19.95% | -4.1% |
| 33rd | Eswatini | 21.31% | -0.2% |
| 34th | Djibouti | 21.82% | 10.0% |
| 35th | Côte d'Ivoire | 21.90% | 5.0% |
| 36th | Rwanda | 22.35% | -2.2% |
| 37th | Azerbaijan | 23.13% | 26.4% |
| 38th | Mali | 23.20% | -6.3% |
| 39th | Romania | 23.25% | -7.8% |
| 40th | Timor-Leste | 23.68% | 86.1% |
| 41st | Lesotho | 24.87% | 14.6% |
| 42nd | Ireland | 25.22% | -0.9% |
| 43rd | Moldova | 25.58% | -7.0% |
| 44th | Togo | 26.04% | -2.0% |
| 45th | Kazakhstan | 26.05% | 4.1% |
| 46th | Latvia | 28.56% | -7.9% |
| 47th | Uruguay | 28.58% | 7.3% |
| 48th | Egypt, Arab Republic of | 29.26% | -5.2% |
| 49th | Nicaragua | 30.01% | 1.0% |
| 50th | Botswana | 30.06% | 0.6% |
| 51st | Dominican Republic | 30.84% | 10.3% |
| 52nd | Senegal | 31.45% | -2.3% |
| 53rd | Kenya | 31.80% | 1.7% |
| 54th | Burkina Faso | 31.91% | 0.8% |
| 55th | Albania | 32.47% | -3.9% |
| 56th | Hungary | 32.87% | -8.8% |
| 57th | Serbia | 33.04% | -13.9% |
| 58th | Mexico | 33.15% | -3.2% |
| 59th | Uzbekistan | 34.36% | 5.0% |
| 60th | Lithuania | 34.39% | -3.7% |
| 61st | Poland | 34.71% | -11.7% |
| 62nd | Solomon Islands | 34.78% | 0.2% |
| 63rd | Tonga | 35.65% | -0.9% |
| 64th | Maldives | 35.84% | 1.8% |
| 65th | Indonesia | 36.01% | 2.1% |
| 66th | Slovenia | 36.34% | -11.8% |
| 67th | Brunei Darussalam | 37.08% | 17.5% |
| 68th | Guatemala | 37.13% | 1.5% |
| 69th | Burundi | 37.38% | 7.0% |
| 70th | Bangladesh | 37.64% | -3.4% |
| 71st | Antigua and Barbuda | 38.01% | -0.4% |
| 72nd | Mongolia | 38.61% | -5.8% |
| 73rd | St. Vincent and the Grenadines | 39.70% | -3.6% |
| 74th | Colombia | 41.66% | -5.7% |
| 75th | Dominica | 41.77% | -8.9% |
| 76th | Belize | 42.04% | -1.1% |
| 77th | Montenegro | 42.38% | -10.1% |
| 78th | Jamaica | 44.57% | -3.5% |
| 79th | Bulgaria | 45.32% | 1.3% |
| 80th | Trinidad and Tobago | 45.53% | 22.6% |
| 81st | Croatia | 46.44% | -8.1% |
| 82nd | Bosnia and Herzegovina | 47.34% | -1.6% |
| 83rd | Czechia | 47.72% | -1.9% |
| 84th | Philippines | 48.31% | -1.1% |
| 85th | Türkiye | 48.88% | -8.8% |
| 86th | Greece | 49.22% | -6.2% |
| 87th | St. Lucia | 50.62% | -0.9% |
| 88th | Grenada | 50.99% | -4.9% |
| 89th | Costa Rica | 51.12% | -2.9% |
| 90th | North Macedonia | 52.04% | -4.2% |
| 91st | Paraguay | 52.36% | 2.6% |
| 92nd | Vanuatu | 53.55% | -3.1% |
| 93rd | Ecuador | 54.49% | 4.0% |
| 94th | West Bank and Gaza | 55.06% | 15.4% |
| 95th | Kosovo | 55.25% | 4.7% |
| 96th | Armenia | 55.40% | 5.4% |
| 97th | Cabo Verde | 56.33% | -2.7% |
| 98th | Aruba | 56.71% | -6.3% |
| 99th | Estonia | 57.66% | 0.8% |
| 100th | Barbados | 59.73% | -2.2% |
| 101st | Oman | 59.75% | 7.1% |
| 102nd | Bolivia, Plurinational State of | 60.22% | -4.3% |
| 103rd | Cyprus | 60.57% | -14.5% |
| 104th | Slovak Republic | 61.46% | -7.9% |
| 105th | St. Kitts and Nevis | 61.71% | -2.2% |
| 106th | El Salvador | 61.90% | -1.1% |
| 107th | Tunisia | 62.73% | -5.0% |
| 108th | Italy | 63.13% | -9.3% |
| 109th | Malta | 64.20% | -6.9% |
| 110th | Georgia | 66.06% | 4.8% |
| 111th | Belgium | 69.28% | -4.6% |
| 112th | Israel | 69.55% | -0.8% |
| 113th | Mauritius | 69.89% | -3.4% |
| 114th | Brazil | 71.08% | 0.7% |
| 115th | Bhutan | 71.44% | 5.3% |
| 116th | Samoa | 74.15% | -16.6% |
| 117th | Honduras | 75.63% | 7.9% |
| 118th | Germany | 77.25% | -4.7% |
| 119th | Spain | 78.35% | -11.1% |
| 120th | European Union | 78.47% | -6.5% |
| 121st | Portugal | 80.23% | -10.3% |
| 122nd | Morocco | 80.50% | -8.0% |
| 123rd | Jordan | 81.82% | -2.9% |
| 124th | Austria | 84.10% | -5.7% |
| 125th | Netherlands | 85.48% | -3.8% |
| 126th | Iceland | 88.35% | -5.1% |
| 127th | South Africa | 90.37% | -1.3% |
| 128th | Nepal | 91.56% | -3.1% |
| 129th | Luxembourg | 93.21% | -9.1% |
| 130th | Finland | 93.27% | -3.0% |
| 131st | Chile | 109.49% | -2.8% |
| 132nd | France | 112.57% | -5.6% |
| 133rd | Fiji | 113.60% | -4.0% |
| 134th | Qatar | 115.74% | 14.5% |
| 135th | Malaysia | 117.10% | 3.6% |
| 136th | United Kingdom | 117.98% | -6.5% |
| 137th | Australia | 126.96% | -5.0% |
| 138th | Norway | 127.43% | 15.6% |
| 139th | Sweden | 129.14% | -5.1% |
| 140th | Cambodia | 130.13% | -2.0% |
| 141st | New Zealand | 141.22% | -3.4% |
| 142nd | Macao SAR, China | 146.67% | -49.0% |
| 143rd | Denmark | 147.48% | 2.8% |
| 144th | Thailand | 154.14% | -1.5% |
| 145th | Korea | 163.52% | 0.5% |
| 146th | China | 189.61% | 4.3% |
| 147th | Japan | 195.22% | -0.7% |
| 148th | United States | 195.55% | 2.6% |
| 149th | Hong Kong SAR, China | 248.61% | -6.0% |
FAQ
What was Azerbaijan's credit to gdp in 2023?▾
Azerbaijan's credit to gdp in 2023 was 23.13%. This ranked 37th globally.
How did Azerbaijan's credit to gdp change in 2023?▾
Azerbaijan's credit to gdp increased by 26.4% in 2023 compared to 2022.
Which country had the highest credit to gdp in 2023?▾
Hong Kong SAR, China had the highest credit to gdp in 2023 at 248.61%.
What is the credit to gdp of Azerbaijan in 2023?▾
The credit to gdp of Azerbaijan in 2023 was 23.13%. This ranked 37th globally.
How does 2023 compare to 2022 for Azerbaijan's credit to gdp?▾
Azerbaijan's credit to gdp went from 18.30% in 2022 to 23.13% in 2023, a 26.4% increase.
Related
2022
2024
All years
Full ranking 2023
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2016
Lowest: 2022
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Ecuador
vs Kosovo
vs Mongolia
vs Botswana
Organisation of Islamic Cooperation Credit to GDP
Global Ranking