Use of IMF credit in Azerbaijan
Azerbaijan: Use of IMF credit was 689.89 million DOD, current US$ in 2024. ▲ Rising
Use of IMF credit in Azerbaijan, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Azerbaijan stood at 689.89 million DOD, current US$.
Compared with earlier readings it is down 2.8% on the previous year and up 207.5% over ten years.
Over the whole period, use of imf credit in Azerbaijan peaked at 740.39 million DOD, current US$ in 2021 and was at its lowest, 100.87 million DOD, current US$, in 1995.
That places Azerbaijan 71st out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Use of IMF credit in Azerbaijan, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1995 | 100.87 million DOD, current US$ | — |
| 1996 | 174.97 million DOD, current US$ | +73.5% |
| 1997 | 266.79 million DOD, current US$ | +52.5% |
| 1998 | 321.23 million DOD, current US$ | +20.4% |
| 1999 | 618.05 million DOD, current US$ | +92.4% |
| 2000 | 535.90 million DOD, current US$ | -13.3% |
| 2001 | 488.21 million DOD, current US$ | -8.9% |
| 2002 | 487.64 million DOD, current US$ | -0.1% |
| 2003 | 487.46 million DOD, current US$ | -0.0% |
| 2004 | 446.88 million DOD, current US$ | -8.3% |
| 2005 | 383.13 million DOD, current US$ | -14.3% |
| 2006 | 365.28 million DOD, current US$ | -4.7% |
| 2007 | 345.67 million DOD, current US$ | -5.4% |
| 2008 | 315.79 million DOD, current US$ | -8.6% |
| 2009 | 302.56 million DOD, current US$ | -4.2% |
| 2010 | 282.35 million DOD, current US$ | -6.7% |
| 2011 | 264.68 million DOD, current US$ | -6.3% |
| 2012 | 251.86 million DOD, current US$ | -4.8% |
| 2013 | 242.45 million DOD, current US$ | -3.7% |
| 2014 | 224.37 million DOD, current US$ | -7.5% |
| 2015 | 212.81 million DOD, current US$ | -5.1% |
| 2016 | 206.46 million DOD, current US$ | -3.0% |
| 2017 | 218.71 million DOD, current US$ | +5.9% |
| 2018 | 213.59 million DOD, current US$ | -2.3% |
| 2019 | 212.37 million DOD, current US$ | -0.6% |
| 2020 | 221.19 million DOD, current US$ | +4.2% |
| 2021 | 740.39 million DOD, current US$ | +234.7% |
| 2022 | 704.02 million DOD, current US$ | -4.9% |
| 2023 | 709.75 million DOD, current US$ | +0.8% |
| 2024 | 689.89 million DOD, current US$ | -2.8% |
Azerbaijan compared with similar countries
- Azerbaijan's 689.89 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 69% of the median. (52 countries reporting)
- Azerbaijan's 689.89 million DOD, current US$ is below the median for Europe & Central Asia, which is 840.75 million DOD, current US$, 82% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +234.7% | 221.19 million DOD, current US$ | 740.39 million DOD, current US$ |
| 1999 | +92.4% | 321.23 million DOD, current US$ | 618.05 million DOD, current US$ |
| 1996 | +73.5% | 100.87 million DOD, current US$ | 174.97 million DOD, current US$ |
| 1997 | +52.5% | 174.97 million DOD, current US$ | 266.79 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 296.38 million DOD, current US$ | 100.87 million DOD, current US$ | 618.05 million DOD, current US$ | 5 |
| 2000s | 415.85 million DOD, current US$ | 302.56 million DOD, current US$ | 535.90 million DOD, current US$ | 10 |
| 2010s | 232.97 million DOD, current US$ | 206.46 million DOD, current US$ | 282.35 million DOD, current US$ | 10 |
| 2020s | 613.05 million DOD, current US$ | 221.19 million DOD, current US$ | 740.39 million DOD, current US$ | 5 |
Countries ranked near Azerbaijan
- 68 Syria 731.08 million DOD, current US$ compare
- 69 Congo 728.96 million DOD, current US$ compare
- 70 Bosnia and Herzegovina 703.58 million DOD, current US$ compare
- 72 Liberia 680.45 million DOD, current US$ compare
- 73 Togo 676.67 million DOD, current US$ compare
- 74 El Salvador 666.25 million DOD, current US$ compare
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 use of imf credit in Azerbaijan?
- Use of imf credit in Azerbaijan was 689.89 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Azerbaijan?
- The highest recorded value was 740.39 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Azerbaijan?
- The lowest recorded value was 100.87 million DOD, current US$ in 1995.
- How does Azerbaijan rank for use of imf credit?
- Azerbaijan ranks 71st out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Azerbaijan?
- Over the last ten years it is up 207.5%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.