Government debt — all countries

Government debt — Azerbaijan

Government debt in Azerbaijan in 2031 — 20.2%. Ranked 15 in the world out of 184. Since 1995, the indicator has risen by 1 pp.

2031 20.2% +0.2 pp vs 2030
World rank 15of 184
Period maximum 26.3%2021
Period minimum 3.2%2008

Trend over time

1995–2031 · % of GDP

Government debt — Azerbaijan, 1995–2031010203019951999200320072011201520192023202720311995: 19.2%1996: 16.7%1997: 11.4%1998: 14.3%1999: 25.4%2000: 13.1%2001: 13%2002: 11.9%2003: 10.7%2004: 9.7%2005: 6.9%2006: 5.3%2007: 4%2008: 3.2%2009: 4.7%2010: 5%2011: 5%2012: 5.8%2013: 6.2%2014: 8.5%2015: 18%2016: 20.6%2017: 22.5%2018: 18.7%2019: 17.7%2020: 21.3%2021: 26.3%2022: 17.3%2023: 21.8%2024: 21.6%2025: 20.1%2026: 20%2027: 20%2028: 19.9%2029: 19.9%2030: 20%2031: 20.2%
Change over the period: +1 pp Annual average: 0.03 pp

Comparison, 2031

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

Azerbaijan 20.2%
World computed 102.5%
Europe & Central Asia computed 76.9%
Western Asia computed 41.9%
Government debt — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year % Change, pp
2031 20.2 +0.2 pp
2030 20 +0.1 pp
2029 19.9 +0 pp
2028 19.9 −0.1 pp
2027 20 +0 pp
2026 20 −0.1 pp
2025 20.1 −1.5 pp
2024 21.6 −0.2 pp
2023 21.8 +4.5 pp
2022 17.3 −9 pp
2021 26.3 +5 pp
2020 21.3 +3.6 pp
2019 17.7 −1 pp
2018 18.7 −3.8 pp
2017 22.5 +1.9 pp
2016 20.6 +2.6 pp
2015 18 +9.5 pp
2014 8.5 +2.3 pp
2013 6.2 +0.4 pp
2012 5.8 +0.8 pp
2011 5 +0 pp
2010 5 +0.3 pp
2009 4.7 +1.5 pp
2008 3.2 −0.8 pp
2007 4 −1.3 pp
2006 5.3 −1.6 pp
2005 6.9 −2.8 pp
2004 9.7 −1 pp
2003 10.7 −1.2 pp
2002 11.9 −1.1 pp
2001 13 −0.1 pp
2000 13.1 −12.3 pp
1999 25.4 +11.1 pp
1998 14.3 +2.9 pp
1997 11.4 −5.3 pp
1996 16.7 −2.5 pp
1995 19.2

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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