Azerbaijan

The Republic of Azerbaijan is the largest country in the Caucasus region located at the crossroads of Western Asia and Eastern Europe.


Link to external site : Website for Azerbaijan
Azerbaijan
Wallets
Development Developing
Send or Receive
GDP ($m)
HDI classification Medium
Mobile Connections (m)
Currency AZN
Class
CountryISO AZ
Sovereignity Country
Territory of - NA -
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{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",472665],["Q4 2001",661750],["Q4 2002",878600],["Q4 2003",1112140],["Q4 2004",1475000],["Q4 2005",2041000],["Q4 2006",3123000],["Q4 2007",4480250],["Q4 2008",5848500],["Q4 2009",7195047],["Q4 2010",8451824],["Q4 2011",9421193],["Q4 2012",10120843],["Q4 2013",10596383],["Q4 2014",10898472]],"options":{"title":"Connections"}}
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Channel Analysis
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COT Analysis
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Persona Analysis
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Products
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PI Analysis
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Central Bank
Key Regulations
Type of law
Legal System
Civil law system
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Law is based on
Approach
Sectors active in Digital Money
Exclusivity
Certainty
Openness
Proportionate?
Allowed Models
DominantModel
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Population m 8.57
Adult % 77.00
Migrants %
Stock Immigrants ('000)
Emigration Rate %
Internal Migrants ('000)
Internal Migration Rate %
Intl Movement Rate %
Urban % 52.00
Female % 57.00
Literate % 99.50
Annual Growth %
Mobile Penetration % 84.28
Banked % 17.00
Access to FS % 17.00
Internet % 12.00
Branches per 100k adults 9.42
ATMs per 100k adults 23.05
POS per 100k adults 112.10
Prepaid % 95.40
Prepaid SIM Registration
MobileUnbanked (m) 6.00
Monthly ARPU
Cards 2010 ('000)
Propensity %
Overall
Population
On Remittance Sent
On Remittance Received
Mobile Unbanked
Migrant %
MP %
Banked %
Development
Can Provide Payments?
Can Market under Brand?
Can issue E-Money?
Can Open Customer Account?
Can Own Customer?
Can do Cash In/Cash Out?
Can offer Domestic Money Transfer?
Can offer International Money Transfer?
Importance for Digital Money
Digital Money Adoption
Registered Wallet Users
Top Wallets
Informal Market
Cost To Remit
Key Players

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