Gross savings in Azerbaijan
Azerbaijan: Gross savings was 23.5% in 2025. ▲ Rising
Gross savings in Azerbaijan, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Azerbaijan is 23.5%, measured in 2025.
That represents a change of down 13.7% on the previous year and down 16.6% over ten years.
Over the whole period, gross savings in Azerbaijan peaked at 49.9% in 2008 and was at its lowest, 2.1%, in 1996.
That places Azerbaijan 76th out of 177 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross savings in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 7.3% | — |
| 1996 | 2.1% | -71.1% |
| 1997 | 13.8% | +556.8% |
| 1998 | 6.6% | -52.1% |
| 1999 | 14.5% | +118.7% |
| 2000 | 20.0% | +38.4% |
| 2001 | 23.7% | +18.1% |
| 2002 | 22.7% | -4.0% |
| 2003 | 26.0% | +14.6% |
| 2004 | 27.5% | +5.8% |
| 2005 | 39.7% | +44.2% |
| 2006 | 45.1% | +13.6% |
| 2007 | 45.4% | +0.6% |
| 2008 | 49.9% | +10.1% |
| 2009 | 40.4% | -19.2% |
| 2010 | 44.7% | +10.8% |
| 2011 | 46.8% | +4.6% |
| 2012 | 44.3% | -5.4% |
| 2013 | 42.8% | -3.4% |
| 2014 | 40.7% | -4.7% |
| 2015 | 28.1% | -31.0% |
| 2016 | 22.6% | -19.6% |
| 2017 | 29.0% | +28.4% |
| 2018 | 32.1% | +10.8% |
| 2019 | 28.6% | -11.1% |
| 2020 | 23.6% | -17.5% |
| 2021 | 32.5% | +38.0% |
| 2022 | 42.1% | +29.3% |
| 2023 | 29.5% | -29.9% |
| 2024 | 27.2% | -7.7% |
| 2025 | 23.5% | -13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.9% | 2.1% | 14.5% | 5 |
| 2000s | 34.0% | 20.0% | 49.9% | 10 |
| 2010s | 36.0% | 22.6% | 46.8% | 10 |
| 2020s | 29.7% | 23.5% | 42.1% | 6 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0598 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 443.14 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1017 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 753.34 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0654 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 484.92 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 218.81 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -5.04 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Azerbaijan?
- Gross savings in Azerbaijan was 23.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Azerbaijan?
- The highest recorded value was 49.9% in 2008.
- What is the lowest gross savings recorded in Azerbaijan?
- The lowest recorded value was 2.1% in 1996.
- How does Azerbaijan rank for gross savings?
- Azerbaijan ranks 76th out of 177 countries with data for 2025.
- Is gross savings rising or falling in Azerbaijan?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.