Bank loans as a share of gdp reached 16.4% in 2017 in Azerbaijan, according to the National Central Bank. This is 38.0% less than in the previous year.
Historically, bank loans as a share of GDP in Azerbaijan reached an all time high of 38.9% in 2015 and an all time low of 6.87% in 2001.
Azerbaijan has been ranked 114th within the group of 126 countries we follow in terms of bank loans as a share of GDP.
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