Adjusted savings: gross savings in Azerbaijan
Azerbaijan: Adjusted savings: gross savings was 17.93 billion current US$ in 2021. ◆ Volatile
Adjusted savings: gross savings in Azerbaijan, 1995–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
Azerbaijan recorded 17.93 billion current US$ for adjusted savings: gross savings in 2021.
The figure is up 78.2% on the previous year and down 41.9% over ten years.
Over the whole period, adjusted savings: gross savings in Azerbaijan peaked at 31.71 billion current US$ in 2013 and was at its lowest, 66.84 million current US$, in 1996.
Azerbaijan ranks 74th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 176.01 million current US$ | — |
| 1996 | 66.84 million current US$ | -62.0% |
| 1997 | 547.62 million current US$ | +719.3% |
| 1998 | 294.30 million current US$ | -46.3% |
| 1999 | 663.06 million current US$ | +125.3% |
| 2000 | 1.06 billion current US$ | +59.3% |
| 2001 | 1.35 billion current US$ | +27.9% |
| 2002 | 1.42 billion current US$ | +4.9% |
| 2003 | 1.89 billion current US$ | +33.7% |
| 2004 | 2.39 billion current US$ | +26.2% |
| 2005 | 5.26 billion current US$ | +120.0% |
| 2006 | 9.46 billion current US$ | +79.9% |
| 2007 | 14.99 billion current US$ | +58.5% |
| 2008 | 24.40 billion current US$ | +62.7% |
| 2009 | 17.88 billion current US$ | -26.7% |
| 2010 | 23.67 billion current US$ | +32.4% |
| 2011 | 30.86 billion current US$ | +30.4% |
| 2012 | 30.85 billion current US$ | -0.0% |
| 2013 | 31.71 billion current US$ | +2.8% |
| 2014 | 30.66 billion current US$ | -3.3% |
| 2015 | 14.93 billion current US$ | -51.3% |
| 2016 | 8.56 billion current US$ | -42.7% |
| 2017 | 11.86 billion current US$ | +38.6% |
| 2018 | 15.15 billion current US$ | +27.7% |
| 2019 | 13.77 billion current US$ | -9.1% |
| 2020 | 10.06 billion current US$ | -26.9% |
| 2021 | 17.93 billion current US$ | +78.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 349.57 million current US$ | 66.84 million current US$ | 663.06 million current US$ | 5 |
| 2000s | 8.01 billion current US$ | 1.06 billion current US$ | 24.40 billion current US$ | 10 |
| 2010s | 21.20 billion current US$ | 8.56 billion current US$ | 31.71 billion current US$ | 10 |
| 2020s | 14.00 billion current US$ | 10.06 billion current US$ | 17.93 billion current US$ | 2 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 22.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.0508 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.096 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 711.72 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -0.0508 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1633 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1,210 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4295 (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Azerbaijan?
- Adjusted savings: gross savings in Azerbaijan was 17.93 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Azerbaijan?
- The highest recorded value was 31.71 billion current US$ in 2013.
- What is the lowest adjusted savings: gross savings recorded in Azerbaijan?
- The lowest recorded value was 66.84 million current US$ in 1996.
- How does Azerbaijan rank for adjusted savings: gross savings?
- Azerbaijan ranks 74th out of 177 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Azerbaijan?
- Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.