PPG, private creditors in Azerbaijan
Azerbaijan: PPG, private creditors was -2.06 billion NFL, US$ in 2024. ◆ Volatile
PPG, private creditors in Azerbaijan, 1997–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
In 2024, ppg, private creditors in Azerbaijan stood at -2.06 billion NFL, US$. That is the lowest value across all 28 years on record.
That represents a change of down 542.7% on the previous year and down 222.3% over ten years.
Over the whole period, ppg, private creditors in Azerbaijan peaked at 1.69 billion NFL, US$ in 2014 and was at its lowest, -2.06 billion NFL, US$, in 2024.
Azerbaijan ranks 117th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors in Azerbaijan, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1997 | 8.06 million NFL, US$ | — |
| 1998 | -2.69 million NFL, US$ | -133.3% |
| 1999 | 46.76 million NFL, US$ | -1840.8% |
| 2000 | 85.56 million NFL, US$ | +83.0% |
| 2001 | -26.81 million NFL, US$ | -131.3% |
| 2002 | -24.74 million NFL, US$ | -7.7% |
| 2003 | -24.21 million NFL, US$ | -2.1% |
| 2004 | -18.94 million NFL, US$ | -21.8% |
| 2005 | 219.27 million NFL, US$ | -1257.7% |
| 2006 | 139.00 million NFL, US$ | -36.6% |
| 2007 | 169.03 million NFL, US$ | +21.6% |
| 2008 | 138.85 million NFL, US$ | -17.9% |
| 2009 | 277.68 million NFL, US$ | +100.0% |
| 2010 | 173.23 million NFL, US$ | -37.6% |
| 2011 | 283.90 million NFL, US$ | +63.9% |
| 2012 | 639.73 million NFL, US$ | +125.3% |
| 2013 | 171.45 million NFL, US$ | -73.2% |
| 2014 | 1.69 billion NFL, US$ | +884.5% |
| 2015 | 164.40 million NFL, US$ | -90.3% |
| 2016 | 1.10 billion NFL, US$ | +569.9% |
| 2017 | 658.08 million NFL, US$ | -40.2% |
| 2018 | 1.36 billion NFL, US$ | +107.3% |
| 2019 | -187.80 million NFL, US$ | -113.8% |
| 2020 | -230.40 million NFL, US$ | +22.7% |
| 2021 | -301.23 million NFL, US$ | +30.7% |
| 2022 | 9.64 million NFL, US$ | -103.2% |
| 2023 | -321.11 million NFL, US$ | -3432.0% |
| 2024 | -2.06 billion NFL, US$ | +542.7% |
Azerbaijan compared with similar countries
- Azerbaijan's -2.06 billion NFL, US$ is below the median for upper middle income countries, which is -4.16 million NFL, US$, 495.6× the median. (52 countries reporting)
- Azerbaijan's -2.06 billion NFL, US$ is below the median for Europe & Central Asia, which is -4.46 million NFL, US$, 462.4× the median. (20 countries reporting)
Biggest year-on-year movements
Years where PPG, private creditors in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | -3432.0% | 9.64 million NFL, US$ | -321.11 million NFL, US$ |
| 1999 | +1840.8% | -2.69 million NFL, US$ | 46.76 million NFL, US$ |
| 2005 | +1257.7% | -18.94 million NFL, US$ | 219.27 million NFL, US$ |
| 2014 | +884.5% | 171.45 million NFL, US$ | 1.69 billion NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.38 million NFL, US$ | -2.69 million NFL, US$ | 46.76 million NFL, US$ | 3 |
| 2000s | 93.47 million NFL, US$ | -26.81 million NFL, US$ | 277.68 million NFL, US$ | 10 |
| 2010s | 605.61 million NFL, US$ | -187.80 million NFL, US$ | 1.69 billion NFL, US$ | 10 |
| 2020s | -581.39 million NFL, US$ | -2.06 billion NFL, US$ | 9.64 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, private creditors in Azerbaijan?
- Ppg, private creditors in Azerbaijan was -2.06 billion NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, private creditors recorded in Azerbaijan?
- The highest recorded value was 1.69 billion NFL, US$ in 2014.
- What is the lowest ppg, private creditors recorded in Azerbaijan?
- The lowest recorded value was -2.06 billion NFL, US$ in 2024.
- How does Azerbaijan rank for ppg, private creditors?
- Azerbaijan ranks 117th out of 120 countries with data for 2024.
- Is ppg, private creditors rising or falling in Azerbaijan?
- Over the last ten years it is down 222.3%. 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, private creditors (NFL, US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.