Debt service on external debt, public and publicly guaranteed (PPG) in Azerbaijan
Azerbaijan: Debt service on external debt, public and publicly guaranteed (PPG) was 3.31 billion TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Azerbaijan, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Azerbaijan stood at 3.31 billion TDS, current US$. That is the highest value across all 30 years on record.
The figure is up 118.2% on the previous year and up 376.7% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Azerbaijan peaked at 3.31 billion TDS, current US$ in 2024 and was at its lowest, 4.32 million TDS, current US$, in 1996.
Azerbaijan ranks 31st of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Azerbaijan, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1995 | 8.69 million TDS, current US$ | — |
| 1996 | 4.32 million TDS, current US$ | -50.3% |
| 1997 | 69.26 million TDS, current US$ | +1502.0% |
| 1998 | 11.48 million TDS, current US$ | -83.4% |
| 1999 | 24.76 million TDS, current US$ | +115.7% |
| 2000 | 46.41 million TDS, current US$ | +87.4% |
| 2001 | 66.74 million TDS, current US$ | +43.8% |
| 2002 | 64.17 million TDS, current US$ | -3.8% |
| 2003 | 80.35 million TDS, current US$ | +25.2% |
| 2004 | 69.45 million TDS, current US$ | -13.6% |
| 2005 | 74.20 million TDS, current US$ | +6.8% |
| 2006 | 95.93 million TDS, current US$ | +29.3% |
| 2007 | 136.33 million TDS, current US$ | +42.1% |
| 2008 | 228.19 million TDS, current US$ | +67.4% |
| 2009 | 268.47 million TDS, current US$ | +17.7% |
| 2010 | 299.62 million TDS, current US$ | +11.6% |
| 2011 | 338.85 million TDS, current US$ | +13.1% |
| 2012 | 377.73 million TDS, current US$ | +11.5% |
| 2013 | 841.00 million TDS, current US$ | +122.6% |
| 2014 | 693.35 million TDS, current US$ | -17.6% |
| 2015 | 791.91 million TDS, current US$ | +14.2% |
| 2016 | 995.10 million TDS, current US$ | +25.7% |
| 2017 | 1.59 billion TDS, current US$ | +60.1% |
| 2018 | 2.10 billion TDS, current US$ | +31.9% |
| 2019 | 1.54 billion TDS, current US$ | -26.9% |
| 2020 | 1.36 billion TDS, current US$ | -11.3% |
| 2021 | 1.81 billion TDS, current US$ | +32.9% |
| 2022 | 1.42 billion TDS, current US$ | -21.7% |
| 2023 | 1.51 billion TDS, current US$ | +6.9% |
| 2024 | 3.31 billion TDS, current US$ | +118.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.70 million TDS, current US$ | 4.32 million TDS, current US$ | 69.26 million TDS, current US$ | 5 |
| 2000s | 113.02 million TDS, current US$ | 46.41 million TDS, current US$ | 268.47 million TDS, current US$ | 10 |
| 2010s | 956.66 million TDS, current US$ | 299.62 million TDS, current US$ | 2.10 billion TDS, current US$ | 10 |
| 2020s | 1.88 billion TDS, current US$ | 1.36 billion TDS, current US$ | 3.31 billion TDS, current US$ | 5 |
Countries ranked near Azerbaijan
More external debt data for Azerbaijan
- IFC, private nonguaranteed 14.28 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.4 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 241.98 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.6% (2024)
- Net financial flows, IDA -22.04 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -2.16 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0003 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -141.26 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 9.0% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Azerbaijan?
- Debt service on external debt, public and publicly guaranteed (ppg) in Azerbaijan was 3.31 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Azerbaijan?
- The highest recorded value was 3.31 billion TDS, current US$ in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Azerbaijan?
- The lowest recorded value was 4.32 million TDS, current US$ in 1996.
- How does Azerbaijan rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Azerbaijan ranks 31st out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Azerbaijan?
- Over the last ten years it is up 376.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.