Bank assets as a share of GDP reached 37.5 % in 2017 in Azerbaijan, according to the National Central Bank. This is 24.3 % less than in the previous year.
Historically, bank assets as a share of GDP in Azerbaijan reached an all time high of 64.2 % in 2015 and an all time low of % in. When compared to Azerbaijan's main peers, bank assets as a share of GDP in Azerbaijan amounted to 37.5 %, 90.9 % in Georgia and 84.6 % in Russia in 2017.
Azerbaijan has been ranked 115th within the group of 132 countries we follow in terms of bank assets as a share of GDP, 8 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.