PPG, official creditors (NFL, US$) in Azerbaijan
Azerbaijan: PPG, official creditors (NFL, US$) was -537.21 million NFL, US$ in 2024. ◆ Volatile
PPG, official creditors in Azerbaijan, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
In 2024, ppg, official creditors in Azerbaijan stood at -537.21 million NFL, US$. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 33.1% on the previous year and down 213.9% over ten years.
Over the whole period, ppg, official creditors in Azerbaijan peaked at 1.02 billion NFL, US$ in 2017 and was at its lowest, -537.21 million NFL, US$, in 2024.
Azerbaijan ranks 116th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, official creditors (NFL, US$) in Azerbaijan, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1994 | 67.42 million NFL, US$ | — |
| 1995 | 102.06 million NFL, US$ | +51.4% |
| 1996 | 46.56 million NFL, US$ | -54.4% |
| 1997 | 27.11 million NFL, US$ | -41.8% |
| 1998 | 70.34 million NFL, US$ | +159.5% |
| 1999 | 172.41 million NFL, US$ | +145.1% |
| 2000 | 200.83 million NFL, US$ | +16.5% |
| 2001 | 104.46 million NFL, US$ | -48.0% |
| 2002 | 180.58 million NFL, US$ | +72.9% |
| 2003 | 140.76 million NFL, US$ | -22.1% |
| 2004 | 45.09 million NFL, US$ | -68.0% |
| 2005 | 36.04 million NFL, US$ | -20.1% |
| 2006 | 124.49 million NFL, US$ | +245.4% |
| 2007 | 205.07 million NFL, US$ | +64.7% |
| 2008 | 236.00 million NFL, US$ | +15.1% |
| 2009 | 316.02 million NFL, US$ | +33.9% |
| 2010 | 321.20 million NFL, US$ | +1.6% |
| 2011 | 653.45 million NFL, US$ | +103.4% |
| 2012 | 874.62 million NFL, US$ | +33.8% |
| 2013 | 264.82 million NFL, US$ | -69.7% |
| 2014 | 471.45 million NFL, US$ | +78.0% |
| 2015 | 338.56 million NFL, US$ | -28.2% |
| 2016 | 864.21 million NFL, US$ | +155.3% |
| 2017 | 1.02 billion NFL, US$ | +18.2% |
| 2018 | 480.18 million NFL, US$ | -53.0% |
| 2019 | 578.99 million NFL, US$ | +20.6% |
| 2020 | -82.35 million NFL, US$ | -114.2% |
| 2021 | -453.80 million NFL, US$ | +451.1% |
| 2022 | -476.25 million NFL, US$ | +4.9% |
| 2023 | -403.51 million NFL, US$ | -15.3% |
| 2024 | -537.21 million NFL, US$ | +33.1% |
Azerbaijan compared with similar countries
- Azerbaijan's -537.21 million NFL, US$ is below the median for upper middle income countries, which is 112.87 million NFL, US$. (52 countries reporting)
- Azerbaijan's -537.21 million NFL, US$ is below the median for Europe & Central Asia, which is 123.82 million NFL, US$. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80.98 million NFL, US$ | 27.11 million NFL, US$ | 172.41 million NFL, US$ | 6 |
| 2000s | 158.93 million NFL, US$ | 36.04 million NFL, US$ | 316.02 million NFL, US$ | 10 |
| 2010s | 586.89 million NFL, US$ | 264.82 million NFL, US$ | 1.02 billion NFL, US$ | 10 |
| 2020s | -390.62 million NFL, US$ | -537.21 million NFL, US$ | -82.35 million NFL, 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 ppg, official creditors in Azerbaijan?
- Ppg, official creditors in Azerbaijan was -537.21 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, official creditors recorded in Azerbaijan?
- The highest recorded value was 1.02 billion NFL, US$ in 2017.
- What is the lowest ppg, official creditors recorded in Azerbaijan?
- The lowest recorded value was -537.21 million NFL, US$ in 2024.
- How does Azerbaijan rank for ppg, official creditors?
- Azerbaijan ranks 116th out of 123 countries with data for 2024.
- Is ppg, official creditors rising or falling in Azerbaijan?
- Over the last ten years it is down 213.9%. 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 PPG, official creditors (NFL, US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.