Adjusted savings: net national savings in Azerbaijan
Azerbaijan: Adjusted savings: net national savings was 24.9% in 2021. ◆ Volatile
Adjusted savings: net national savings in Azerbaijan, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Azerbaijan is 24.9%, measured in 2021.
Compared with earlier readings it is up 62.6% on the previous year and down 45.1% over ten years.
Over the whole period, adjusted savings: net national savings in Azerbaijan peaked at 49.5% in 2008 and was at its lowest, -10.1%, in 1998.
That places Azerbaijan 19th out of 177 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Azerbaijan, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1995 | -6.8% | — |
| 1996 | -9.1% | +33.4% |
| 1997 | -0.3% | -97.2% |
| 1998 | -10.1% | +3902.6% |
| 1999 | -1.1% | -89.5% |
| 2000 | 7.7% | -826.3% |
| 2001 | 11.6% | +51.6% |
| 2002 | 10.4% | -10.8% |
| 2003 | 15.6% | +50.2% |
| 2004 | 17.9% | +15.1% |
| 2005 | 33.6% | +87.4% |
| 2006 | 42.0% | +25.1% |
| 2007 | 46.0% | +9.4% |
| 2008 | 49.5% | +7.6% |
| 2009 | 37.1% | -25.0% |
| 2010 | 41.8% | +12.6% |
| 2011 | 45.3% | +8.2% |
| 2012 | 42.0% | -7.3% |
| 2013 | 40.3% | -4.0% |
| 2014 | 35.9% | -10.8% |
| 2015 | 22.1% | -38.4% |
| 2016 | 17.0% | -23.2% |
| 2017 | 23.7% | +39.1% |
| 2018 | 27.1% | +14.4% |
| 2019 | 23.5% | -13.1% |
| 2020 | 15.3% | -35.0% |
| 2021 | 24.9% | +62.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.4% | -10.1% | -0.3% | 5 |
| 2000s | 27.1% | 7.7% | 49.5% | 10 |
| 2010s | 31.9% | 17.0% | 45.3% | 10 |
| 2020s | 20.1% | 15.3% | 24.9% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.01 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 7,479 current LCU per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.86 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.749 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 5,550 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 8.86 % change on previous year (2025)
- Final consumption expenditure (current LCU), per unit of GDP 1.27 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Azerbaijan?
- Adjusted savings: net national savings in Azerbaijan was 24.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Azerbaijan?
- The highest recorded value was 49.5% in 2008.
- What is the lowest adjusted savings: net national savings recorded in Azerbaijan?
- The lowest recorded value was -10.1% in 1998.
- How does Azerbaijan rank for adjusted savings: net national savings?
- Azerbaijan ranks 19th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Azerbaijan?
- Over the last ten years it is down 45.1%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.