Gross debt, General government, Percent of GDP in Azerbaijan
Azerbaijan: Gross debt, General government, Percent of GDP was 24.94 in 2030. ▲ Rising
Gross debt, General government, Percent of GDP in Azerbaijan, 1996–2030
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of gdp in Azerbaijan is 24.94, measured in 2030.
That represents a change of up 1.7% on the previous year and up 17.0% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Azerbaijan peaked at 26.35 in 2021 and was at its lowest, 3.22, in 2008.
Azerbaijan ranks 174th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross debt, General government, Percent of GDP in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 16.72 | — |
| 1997 | 11.44 | -31.6% |
| 1998 | 14.29 | +24.9% |
| 1999 | 25.41 | +77.8% |
| 2000 | 13.13 | -48.3% |
| 2001 | 12.95 | -1.4% |
| 2002 | 11.89 | -8.3% |
| 2003 | 10.66 | -10.3% |
| 2004 | 9.71 | -8.9% |
| 2005 | 6.85 | -29.4% |
| 2006 | 5.3 | -22.7% |
| 2007 | 4 | -24.4% |
| 2008 | 3.22 | -19.5% |
| 2009 | 4.73 | +46.7% |
| 2010 | 4.98 | +5.4% |
| 2011 | 4.97 | -0.3% |
| 2012 | 5.83 | +17.4% |
| 2013 | 6.18 | +6.0% |
| 2014 | 8.53 | +38.1% |
| 2015 | 17.98 | +110.7% |
| 2016 | 20.61 | +14.6% |
| 2017 | 22.51 | +9.2% |
| 2018 | 18.69 | -17.0% |
| 2019 | 17.66 | -5.5% |
| 2020 | 21.33 | +20.8% |
| 2021 | 26.35 | +23.5% |
| 2022 | 17.32 | -34.3% |
| 2023 | 21.81 | +25.9% |
| 2024 | 21.67 | -0.6% |
| 2025 | 22.39 | +3.3% |
| 2026 | 23.51 | +5.0% |
| 2027 | 23.87 | +1.5% |
| 2028 | 23.9 | +0.1% |
| 2029 | 24.52 | +2.6% |
| 2030 | 24.94 | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.97 | 11.44 | 25.41 | 4 |
| 2000s | 8.24 | 3.22 | 13.13 | 10 |
| 2010s | 12.79 | 4.97 | 22.51 | 10 |
| 2020s | 22.67 | 17.32 | 26.35 | 10 |
| 2030s | 24.94 | 24.94 | 24.94 | 1 |
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 gross debt, general government, percent of gdp in Azerbaijan?
- Gross debt, general government, percent of gdp in Azerbaijan was 24.94 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Azerbaijan?
- The highest recorded value was 26.35 in 2021.
- What is the lowest gross debt, general government, percent of gdp recorded in Azerbaijan?
- The lowest recorded value was 3.22 in 2008.
- How does Azerbaijan rank for gross debt, general government, percent of gdp?
- Azerbaijan ranks 174th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Azerbaijan?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Fiscal Monitor (FM) 2025 October