Azerbaijan External Debt: % of GDP
Key information about Azerbaijan External Debt: % of GDP
- Azerbaijan External Debt accounted for 14.9 % of the country's Nominal GDP in 2021, compared with the ratio of 18.2 % in the previous quarter.
- Azerbaijan External Debt: % of Nominal GDP data is updated quarterly, available from Dec 2001 to Dec 2021.
- The data reached an all-time high of 24.3 % in Sep 2017 and a record low of 5.1 % in Sep 2008.
External Debt covers Public sector only.
Related information about Azerbaijan External Debt: % of GDP
- In the latest reports of Azerbaijan, Current Account recorded a surplus of 1.2 USD bn in Jun 2025.
- Foreign Direct Investment (FDI) increased by 9.1 USD mn in Dec 2024.
- Azerbaijan Direct Investment Abroad expanded by 660.5 USD mn in Jun 2025.
- Its Foreign Portfolio Investment fell by 20.2 USD mn in Jun 2025.
- The country's External Debt reached 5,299.1 in Sep 2024.
- The country's Nominal GDP was reported at 18.9 USD bn in Jun 2025.
View Azerbaijan's External Debt: % of GDP from Dec 2001 to Dec 2021 in the chart:
What was Azerbaijan's External Debt: % of GDP in Dec 2021?
Azerbaijan External Debt accounted for 14.9 % of the country's Nominal GDP in 2021, compared with the ratio of 18.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14.9 Dec 2021 | 18.2 Jun 2021 | 5.1 Sep 2008 | 24.3 Sep 2017 | % | quarterly | Dec 2001 - Dec 2021 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 40.5 2024 | yearly | 1991 - 2024 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 43.5 2024 | yearly | 1994 - 2024 |
| Armenia (%) | 62.9 2024 | yearly | 2000 - 2024 |
| Australia (%) | 112.8 2024 | yearly | 1988 - 2024 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 42.9 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Belgium (%) | 242.6 2024 | yearly | 2007 - 2024 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 17.0 2024 | yearly | 1999 - 2024 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 27.6 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | 47.6 2024 | yearly | 1999 - 2024 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 146.4 2024 | yearly | 1990 - 2024 |
| Chile (%) | 74.2 2024 | yearly | 1971 - 2024 |
| China (%) | 12.9 2024 | yearly | 1985 - 2024 |
| Colombia (%) | 51.3 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 674.2 2024 | yearly | 2004 - 2024 |
| Czech Republic (%) | 65.4 2024 | yearly | 1995 - 2024 |
| Denmark (%) | 142.2 2024 | yearly | 2005 - 2024 |
| Ecuador (%) | 48.2 2024 | yearly | 1970 - 2024 |
| Egypt (%) | 44.2 Jun 2025 | quarterly | Jun 1999 - Jun 2025 |
| Estonia (%) | 97.8 2024 | yearly | 1996 - 2024 |
| European Union (%) | 109.7 2024 | yearly | 2008 - 2024 |
| Finland (%) | 203.6 2024 | yearly | 1991 - 2024 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 73.6 2024 | yearly | 1999 - 2024 |
| Germany (%) | 147.6 2024 | yearly | 1999 - 2024 |
| Ghana (%) | 34.4 2024 | yearly | 1999 - 2024 |
| Greece (%) | 243.2 2024 | yearly | 2003 - 2024 |
| Hong Kong SAR, China (%) | 467.1 2024 | yearly | 2001 - 2024 |
| Hungary (%) | 142.9 2024 | yearly | 2006 - 2024 |
| Iceland (%) | 71.9 2024 | yearly | 1989 - 2024 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 30.4 2024 | yearly | 2003 - 2024 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 544.0 2024 | yearly | 2002 - 2024 |
| Israel (%) | 27.2 2024 | yearly | 1998 - 2024 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 108.0 2024 | yearly | 2003 - 2024 |
| Jordan (%) | 80.3 2024 | yearly | 1970 - 2024 |
| Kazakhstan (%) | 59.2 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kenya (%) | 31.2 2024 | yearly | 2006 - 2024 |
| South Korea (%) | 35.9 2024 | yearly | 1994 - 2024 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 41.5 2024 | yearly | 2014 - 2024 |
| Kyrgyzstan (%) | 70.8 2024 | yearly | 2003 - 2024 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 104.4 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Lebanon (%) | 17.4 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 77.4 2024 | yearly | 1996 - 2024 |
| Luxembourg (%) | 4,148.6 2024 | yearly | 2002 - 2024 |
| North Macedonia (%) | 79.2 2024 | yearly | 2004 - 2024 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 69.9 2024 | yearly | 2009 - 2024 |
| Malta (%) | 836.7 2024 | yearly | 2004 - 2024 |
| Mauritius (%) | 1,221.8 2024 | yearly | 2009 - 2024 |
| Mexico (%) | 32.2 2024 | yearly | 2002 - 2024 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 157.9 2024 | yearly | 1992 - 2024 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 349.4 2024 | yearly | 2003 - 2024 |
| New Zealand (%) | 94.7 2024 | yearly | 1993 - 2024 |
| Nigeria (%) | 18.6 2024 | yearly | 1985 - 2024 |
| Norway (%) | 155.3 2024 | yearly | 2003 - 2024 |
| Pakistan (%) | 33.1 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 15.3 2024 | yearly | 2012 - 2024 |
| Panama (%) | 169.8 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 58.8 2024 | yearly | 2000 - 2024 |
| Peru (%) | 36.7 2024 | yearly | 1980 - 2024 |
| Philippines (%) | 29.8 2024 | yearly | 1990 - 2024 |
| Poland (%) | 51.8 2024 | yearly | 1995 - 2024 |
| Portugal (%) | 144.8 2024 | yearly | 1996 - 2024 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 13.3 2024 | yearly | 1993 - 2024 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 407.1 2024 | yearly | 2003 - 2024 |
| Slovakia (%) | 100.9 2024 | yearly | 1995 - 2024 |
| Slovenia (%) | 87.9 2024 | yearly | 1995 - 2024 |
| South Africa (%) | 42.0 2024 | yearly | 1985 - 2024 |
| Spain (%) | 162.5 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 168.1 2024 | yearly | 1997 - 2024 |
| Switzerland (%) | 235.3 2024 | yearly | 1999 - 2024 |
| Taiwan, China (%) | 27.4 2024 | yearly | 1999 - 2024 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.5 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Tunisia (%) | 83.8 2024 | yearly | 2002 - 2024 |
| Turkey (%) | 38.2 2024 | yearly | 1989 - 2024 |
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Learn more about what we doAzerbaijan Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Consolidated Fiscal Balance (USD mn) | 2,477.000 Nov 2025 | monthly | Dec 2004 - Nov 2025 |
| Tax Revenue (USD mn) | 12,978.706 2024 | yearly | 1993 - 2024 |
| Tax Revenue: % of GDP (%) | 17.5 2024 | yearly | 1993 - 2024 |
| National Government Debt (USD mn) | 9,223.0 2021 | yearly | 2008 - 2021 |
| Government Debt: % of GDP (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Forecast: Government Expenditure (AZN bn) | 54.269 2030 | yearly | 1994 - 2030 |
| Forecast: Government Net Debt (AZN bn) | 42.755 2030 | yearly | 1995 - 2030 |
| Forecast: Government Revenue (AZN bn) | 51.991 2030 | yearly | 1994 - 2030 |
| Government Expenditure: ytd (AZN mn) | 31,414.700 Nov 2025 | monthly | Dec 2004 - Nov 2025 |
| Government Revenue: Taxes (AZN mn) | 10,587.300 2018 | yearly | 1991 - 2018 |
| Government Revenue: ytd (AZN mn) | 4,051.400 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Government Balance: ytd (AZN mn) | 1,711.800 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Government Revenue: Taxes: Excise Tax (AZN mn) | 1,555.700 2024 | yearly | 1991 - 2024 |
| Government Revenue: Taxes: Value Added Tax (AZN mn) | 8,894.200 2024 | yearly | 1991 - 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 406.4 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Current Account Balance (USD mn) | 682.8 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 6.2 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 9.1 Dec 2024 | quarterly | Mar 2013 - Dec 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.0 Dec 2024 | quarterly | Mar 2013 - Dec 2024 |
| Foreign Portfolio Investment (USD mn) | -8.778 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.1 Jun 2025 | quarterly | Mar 2013 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -20.210 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| External Debt (USD mn) | 5,299.1 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| External Debt: % of GDP (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| External Debt: Short Term (USD mn) | 218.4 2024 | yearly | 1993 - 2024 |
| External Debt: Short Term: % of GDP (%) | 0.3 2024 | yearly | 1993 - 2024 |
| Forecast: Current Account Balance (USD bn) | -4.231 2030 | yearly | 1992 - 2030 |
| BoP: ytd: Current Account: Services (USD mn) | -1,363.139 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Capital Account: Credit (USD mn) | 0.237 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Debit (USD mn) | 24,655.061 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) | -305.199 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) | 1,334.394 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Services: Debit (USD mn) | 7,722.074 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Balancing Item (USD mn) | -56.625 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Goods (USD mn) | 5,598.962 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Capital Account (USD mn) | -5.595 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Income: Debit (USD mn) | 3,858.146 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) | 2,222.236 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Services: Credit (USD mn) | 6,358.935 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Credit (USD mn) | 27,655.276 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Liabilities (USD mn) | 415.876 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Reserve Assets: Flow (USD mn) | -1,125.470 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Transfers: Credit (USD mn) | 947.128 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Income (USD mn) | -1,703.958 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Assets (USD mn) | 4,479.341 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) | 304.580 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Income: Credit (USD mn) | 2,154.188 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Transfers (USD mn) | 468.350 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Transfers: Debit (USD mn) | 478.778 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) | 922.711 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Goods: Credit (USD mn) | 18,195.025 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) | -33.703 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Current Account: Goods: Debit (USD mn) | 12,596.063 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Capital Account: Debit (USD mn) | 5.832 Sep 2025 | quarterly | Mar 2013 - Sep 2025 |
| BoP: ytd: Financial Account: Net Liabilities: Financial Derivatives (USD mn) | -4.291 Sep 2018 | quarterly | Sep 2018 - Sep 2018 |
| Foreign Investment: Oil Industry (USD mn) | 4,657.000 2023 | yearly | 1995 - 2023 |
| Foreign Investment: Direct (USD mn) | 6,658.100 2023 | yearly | 2003 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
| Household Debt: % of GDP (%) | 13.9 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Money Supply M1 (USD mn) | 17,076.819 Oct 2025 | monthly | Dec 1995 - Oct 2025 |
| Money Supply M2 (USD mn) | 21,780.795 Oct 2025 | monthly | Dec 1995 - Oct 2025 |
| M2 Growth (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Reserve Requirement Ratio (%) | 5.0 Oct 2025 | monthly | May 1993 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 13,944.3 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 16.272 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.7 Oct 2025 | monthly | Mar 1994 - Oct 2025 |
| Gold Reserves (USD mn) | 0.000 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Total Deposits (USD mn) | 17,885.847 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Total Deposits Growth (%) | 5.9 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Domestic Credit (USD mn) | 21,720.6 Oct 2025 | monthly | Dec 2001 - Oct 2025 |
| Domestic Credit Growth (%) | 9.5 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Household Debt (USD mn) | 10,931.6 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Total Loans (USD mn) | 18,334.935 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| Total Loans Growth (%) | 8.31 Oct 2025 | monthly | Dec 2005 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 24.77 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Monetary Aggregates: M1 (AZN mn) | 29,030.592 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Monetary Aggregates: M1: Cash Outside Banks (AZN mn) | 17,082.690 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Monetary Aggregates: M3 (AZN mn) | 47,490.670 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Monetary Aggregates: M2 (AZN mn) | 37,027.351 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Official Foreign Reserves (USD mn) | 10,991.800 Feb 2025 | monthly | Dec 2006 - Feb 2025 |
| Deposits: Outstanding Amounts (AZN mn) | 41,589.439 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| Loans: Outstanding Amounts (AZN mn) | 31,169.389 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| Loans: Outstanding Amounts: Households (AZN mn) | 18,583.660 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
More Indicators for Azerbaijan
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