Budget balance — all countries

Budget balance — Azerbaijan

Budget balance in Azerbaijan in 2031 — -0.5%. Ranked 38 in the world out of 188. Since 1994, the indicator has fallen by 3.7 pp.

2031 -0.5% +0.1 pp vs 2030
World rank 38of 188
Period maximum 21.8%2001
Period minimum -6.4%2020

Trend over time

1994–2031 · % of GDP

Budget balance — Azerbaijan, 1994–2031-10010203019941998200220062010201420182022202620301994: 3.2%1995: -1.3%1996: -2.3%1997: -0.9%1998: 1.6%1999: -1%2000: 0.1%2001: 21.8%2002: 19.4%2003: 1.6%2004: 1.8%2005: 2.7%2006: 0.7%2007: 2.3%2008: 17.2%2009: 5.9%2010: 13.8%2011: 10.9%2012: 3.7%2013: 1.6%2014: 2.7%2015: -4.8%2016: -1.2%2017: -1.3%2018: 5.4%2019: 9%2020: -6.4%2021: 4.2%2022: 6%2023: 7.9%2024: 4.1%2025: 2.6%2026: 1.8%2027: 0.2%2028: -0.6%2029: -0.5%2030: -0.6%2031: -0.5%
Change over the period: −3.7 pp Annual average: -0.1 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Azerbaijan

Azerbaijan -0.5%
World computed -4.85%
Europe & Central Asia computed -2.49%
Western Asia computed -1.19%
Budget balance — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year % Change, pp
2031 -0.5 +0.1 pp
2030 -0.6 −0.1 pp
2029 -0.5 +0.1 pp
2028 -0.6 −0.8 pp
2027 0.2 −1.6 pp
2026 1.8 −0.8 pp
2025 2.6 −1.5 pp
2024 4.1 −3.8 pp
2023 7.9 +1.9 pp
2022 6 +1.8 pp
2021 4.2 +10.6 pp
2020 -6.4 −15.4 pp
2019 9 +3.6 pp
2018 5.4 +6.7 pp
2017 -1.3 −0.1 pp
2016 -1.2 +3.6 pp
2015 -4.8 −7.5 pp
2014 2.7 +1.1 pp
2013 1.6 −2.1 pp
2012 3.7 −7.2 pp
2011 10.9 −2.9 pp
2010 13.8 +7.9 pp
2009 5.9 −11.3 pp
2008 17.2 +14.9 pp
2007 2.3 +1.6 pp
2006 0.7 −2 pp
2005 2.7 +0.9 pp
2004 1.8 +0.2 pp
2003 1.6 −17.8 pp
2002 19.4 −2.4 pp
2001 21.8 +21.7 pp
2000 0.1 +1.1 pp
1999 -1 −2.6 pp
1998 1.6 +2.5 pp
1997 -0.9 +1.4 pp
1996 -2.3 −1 pp
1995 -1.3 −4.5 pp
1994 3.2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.