Public and publicly guaranteed debt service in Azerbaijan
Azerbaijan: Public and publicly guaranteed debt service was 4.6% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Azerbaijan, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Azerbaijan is 4.6%, measured in 2024.
Compared with earlier readings it is up 110.7% on the previous year and up 384.8% over ten years.
Over the whole period, public and publicly guaranteed debt service in Azerbaijan peaked at 4.7% in 2018 and was at its lowest, 0.1%, in 1996.
Azerbaijan ranks 23rd of 123 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Azerbaijan, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1995 | 0.4% | — |
| 1996 | 0.1% | -62.1% |
| 1997 | 1.8% | +1183.6% |
| 1998 | 0.3% | -85.3% |
| 1999 | 0.5% | +101.8% |
| 2000 | 0.9% | +72.6% |
| 2001 | 1.2% | +33.9% |
| 2002 | 1.1% | -11.5% |
| 2003 | 1.1% | +7.7% |
| 2004 | 0.9% | -25.7% |
| 2005 | 0.6% | -25.6% |
| 2006 | 0.5% | -17.9% |
| 2007 | 0.5% | -7.0% |
| 2008 | 0.5% | +7.8% |
| 2009 | 0.7% | +25.7% |
| 2010 | 0.6% | -8.0% |
| 2011 | 0.6% | -8.4% |
| 2012 | 0.6% | +4.2% |
| 2013 | 1.2% | +107.7% |
| 2014 | 0.9% | -20.5% |
| 2015 | 1.5% | +62.5% |
| 2016 | 2.8% | +81.4% |
| 2017 | 4.1% | +44.9% |
| 2018 | 4.7% | +15.6% |
| 2019 | 3.3% | -29.3% |
| 2020 | 3.2% | -3.1% |
| 2021 | 3.4% | +5.0% |
| 2022 | 1.9% | -42.8% |
| 2023 | 2.2% | +13.3% |
| 2024 | 4.6% | +110.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6% | 0.1% | 1.8% | 5 |
| 2000s | 0.8% | 0.5% | 1.2% | 10 |
| 2010s | 2.0% | 0.6% | 4.7% | 10 |
| 2020s | 3.1% | 1.9% | 4.6% | 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -188.82 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Azerbaijan?
- Public and publicly guaranteed debt service in Azerbaijan was 4.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Azerbaijan?
- The highest recorded value was 4.7% in 2018.
- What is the lowest public and publicly guaranteed debt service recorded in Azerbaijan?
- The lowest recorded value was 0.1% in 1996.
- How does Azerbaijan rank for public and publicly guaranteed debt service?
- Azerbaijan ranks 23rd out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Azerbaijan?
- Over the last ten years it is up 384.8%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.