Bank payment card penetration reached 50.1% in 2011 in Azerbaijan, according to the National Central Bank. This is 7.09% more than in the previous year.
Historically, bank payment card penetration in Azerbaijan reached an all time high of 50.1% in 2011 and an all time low of 17.8% in 2006.
Azerbaijan has been ranked 38th within the group of 43 countries we follow in terms of bank payment card penetration.
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