Azerbaijan External Debt: Short Term: % of GDP

1993 - 2024 | Yearly | % | CEIC Data

Key information about Azerbaijan External Debt: Short Term: % of GDP

  • Azerbaijan External Debt: Short Term accounted for 0.3 % of the country's Nominal GDP in 2024, compared with the ratio of 0.8 % in the previous year.
  • Azerbaijan External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1993 to 2024.
  • The data reached an all-time high of 3.7 % in 2016 and a record low of 0.0 % in 2021.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. The World Bank provides Short Term External Debt in USD. The State Statistical Committee of the Republic of Azerbaijan provides Nominal GDP in local currency. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.


Related information about Azerbaijan External Debt: Short Term: % of GDP

  • In the latest reports of Azerbaijan, Current Account recorded a surplus of 474.8 USD mn in Dec 2025.
  • Foreign Direct Investment (FDI) increased by 229.0 USD mn in Dec 2025.
  • Azerbaijan Direct Investment Abroad fell by 12.5 USD mn in Dec 2025.
  • Its Foreign Portfolio Investment increased by 5.6 USD mn in Dec 2025.
  • Azerbaijan External Debt: Short Term value stood at 218.4 USD mn in Dec 2024.
  • The country's Nominal GDP was reported at 18.9 USD bn in Jun 2025.

View Azerbaijan's External Debt: Short Term: % of GDP from 1993 to 2024 in the chart:

Azerbaijan External Debt: Short Term: % of GDP

What was Azerbaijan's External Debt: Short Term: % of GDP in 2024?

Azerbaijan External Debt: Short Term accounted for 0.3 % of the country's Nominal GDP in 2024, compared with the ratio of 0.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.3 2024 0.8 2023 0.0 2021 3.7 2016 % yearly 1993 - 2024

External Debt: Short Term: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 4.0 2025 yearly 1991 - 2025
Algeria (%) 0.7 2024 yearly 1977 - 2024
Argentina (%) 12.2 2025 yearly 2003 - 2025
Armenia (%) 16.5 2025 yearly 2000 - 2025
Australia (%) 25.4 2025 yearly 1988 - 2025
Austria (%) 45.4 2024 yearly 1997 - 2024
Azerbaijan (%) 0.3 2024 yearly 1993 - 2024
Bangladesh (%) 3.2 2025 yearly 2012 - 2025
Belarus (%) 12.8 Dec 2025 quarterly Dec 2000 - Dec 2025
Belgium (%) 105.5 2025 yearly 2007 - 2025
Bolivia (%) 0.0 2019 yearly 2000 - 2019
Bosnia and Herzegovina (%) 10.3 2024 yearly 1999 - 2024
Botswana (%) 0.8 2024 yearly 1994 - 2024
Brazil (%) 4.9 2025 yearly 1999 - 2025
Bulgaria (%) 10.6 2025 yearly 1999 - 2025
Canada (%) 56.2 2025 yearly 1990 - 2025
Chile (%) 7.1 2024 yearly 1971 - 2024
China (%) 6.8 2025 yearly 1985 - 2025
Colombia (%) 7.8 2024 yearly 1970 - 2024
Croatia (%) 20.7 2022 yearly 1999 - 2022
Cyprus (%) 162.6 2025 yearly 2008 - 2025
Czech Republic (%) 32.9 2025 yearly 1995 - 2025
Denmark (%) 61.2 2025 yearly 2005 - 2025
Ecuador (%) 0.2 2025 yearly 1970 - 2025
Egypt (%) 8.5 2025 yearly 1990 - 2025
Estonia (%) 29.1 2025 yearly 1996 - 2025
Finland (%) 70.8 2025 yearly 1991 - 2025
France (%) 109.8 2024 yearly 2004 - 2024
Georgia (%) 13.9 2025 yearly 2006 - 2025
Germany (%) 54.8 2025 yearly 2004 - 2025
Greece (%) 73.7 2025 yearly 2003 - 2025
Hong Kong SAR, China (%) 289.2 2025 yearly 2001 - 2025
Hungary (%) 14.2 2025 yearly 1995 - 2025
Iceland (%) 7.4 2025 yearly 1989 - 2025
India (%) 3.5 2025 yearly 1990 - 2025
Indonesia (%) 4.3 2025 yearly 2003 - 2025
Iran (%) 0.5 2025 yearly 1994 - 2025
Ireland (%) 219.5 2025 yearly 2002 - 2025
Israel (%) 9.1 2025 yearly 2000 - 2025
Italy (%) 40.3 2024 yearly 2002 - 2024
Ivory Coast (%) 4.9 2024 yearly 1970 - 2024
Japan (%) 78.4 2025 yearly 2003 - 2025
Jordan (%) 32.4 2025 yearly 2000 - 2025
Kazakhstan (%) 7.1 2025 yearly 1992 - 2025
Kenya (%) 1.7 2024 yearly 1996 - 2024
South Korea (%) 9.6 2025 yearly 1994 - 2025
Kosovo (%) 14.3 2024 yearly 2007 - 2024
Kyrgyzstan (%) 10.2 2024 yearly 2003 - 2024
Latvia (%) 40.4 2024 yearly 2000 - 2024
Lithuania (%) 51.8 2025 yearly 2004 - 2025
Luxembourg (%) 1,145.9 2025 yearly 2002 - 2025
North Macedonia (%) 19.4 2024 yearly 2004 - 2024
Malawi (%) 0.6 2019 yearly 2002 - 2019
Malaysia (%) 29.4 2025 yearly 2009 - 2025
Malta (%) 135.0 2025 yearly 2004 - 2025
Mauritius (%) 77.4 2025 yearly 2009 - 2025
Mexico (%) 3.4 2025 yearly 2002 - 2025
Moldova (%) 13.8 2024 yearly 2000 - 2024
Mongolia (%) 10.0 2025 yearly 1992 - 2025
Montenegro (%) 2.8 2024 yearly 2007 - 2024
Morocco (%) 7.8 2022 yearly 1970 - 2022
Mozambique (%) 5.3 2024 yearly 1984 - 2024
Myanmar (%) 0.1 2023 yearly 2018 - 2023
Netherlands (%) 139.5 2025 yearly 2003 - 2025
New Zealand (%) 33.5 2024 yearly 2000 - 2024
Nigeria (%) 0.2 2022 yearly 2008 - 2022
Norway (%) 54.4 2025 yearly 2012 - 2025
Pakistan (%) 0.8 2025 yearly 2006 - 2025
Palestinian Territory (%) 4.6 2024 yearly 2012 - 2024
Panama (%) 59.0 2021 yearly 1970 - 2021
Paraguay (%) 11.6 2021 yearly 2002 - 2021
Peru (%) 2.0 2025 yearly 1980 - 2025
Philippines (%) 4.2 2025 yearly 2005 - 2025
Poland (%) 7.3 2025 yearly 2004 - 2025
Portugal (%) 59.3 2024 yearly 1996 - 2024
Romania (%) 13.3 2024 yearly 2004 - 2024
Russia (%) 5.9 2025 yearly 2001 - 2025
Serbia (%) 1.2 2024 yearly 2000 - 2024
Singapore (%) 248.1 2025 yearly 2003 - 2025
Slovakia (%) 38.6 2025 yearly 2006 - 2025
Slovenia (%) 33.0 2025 yearly 1995 - 2025
South Africa (%) 11.6 2025 yearly 1994 - 2025
Spain (%) 60.9 2024 yearly 2000 - 2024
Sri Lanka (%) 11.5 2022 yearly 1998 - 2022
Sudan (%) 15.7 2021 yearly 1970 - 2021
Sweden (%) 51.2 2025 yearly 1997 - 2025
Switzerland (%) 115.2 2025 yearly 1999 - 2025
Taiwan, China (%) 24.1 2025 yearly 1999 - 2025
Tajikistan (%) 6.1 2024 yearly 1993 - 2024
Thailand (%) 15.3 2025 yearly 1980 - 2025
Tunisia (%) 30.9 2025 yearly 2002 - 2025
Turkey (%) 10.5 2025 yearly 1995 - 2025
Ukraine (%) 6.4 2025 yearly 2009 - 2025
United Kingdom (%) 192.5 2025 yearly 1979 - 2025
United States (%) 32.1 2025 yearly 2003 - 2025
Uruguay (%) 10.9 2025 yearly 1999 - 2025
Venezuela (%) 0.2 2017 yearly 1997 - 2017
Vietnam (%) 7.8 2024 yearly 1985 - 2024
Yemen (%) 1.8 2017 yearly 1991 - 2017

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Azerbaijan 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) 1,784.059 Apr 2026 monthly Dec 2004 - Apr 2026
Tax Revenue (USD mn) 13,128.588 2025 yearly 1993 - 2025
Tax Revenue: % of GDP (%) 17.3 2025 yearly 1993 - 2025
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) 60.729 2031 yearly 1994 - 2031
Forecast: Government Net Debt (AZN bn) 36.438 2031 yearly 1995 - 2031
Forecast: Government Revenue (AZN bn) 59.851 2031 yearly 1994 - 2031
Government Expenditure: ytd (AZN mn) 10,531.100 Apr 2026 monthly Dec 2004 - Apr 2026
Government Revenue: ytd (AZN mn) 13,564.000 Apr 2026 monthly Dec 2004 - Apr 2026
Government Balance: ytd (AZN mn) 3,032.900 Apr 2026 monthly Dec 2004 - Apr 2026
Government Revenue: Taxes: Excise Tax (AZN mn) 1,696.900 2025 yearly 1991 - 2025
Government Revenue: Taxes: Value Added Tax (AZN mn) 8,944.800 2025 yearly 1991 - 2025
Government Revenue: Taxes (AZN mn) 10,587.300 2018 yearly 1991 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.362 2028 yearly 1993 - 2028
Trade Balance (USD mn) 2,681.3 Apr 2026 monthly Jan 2000 - Apr 2026
Total Exports (USD mn) 1,737.3 Mar 2026 monthly Jan 2000 - Mar 2026
Total Exports Growth (%) 3.7 Oct 2025 monthly Jan 2001 - Oct 2025
Aluminum: Exports (USD th) 246,421.465 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,710.746 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 1,540.302 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,520.1 Apr 2026 monthly Jan 2000 - Apr 2026
Total Imports Growth (%) -38.5 Apr 2026 monthly Jan 2001 - Apr 2026
Imports: Medicament (USD th) 453,619.557 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 55,068.723 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 2.970 Jan 2026 monthly Jan 1996 - Jan 2026
Total Imports from USA (USD mn) 129.854 Jan 2026 monthly Apr 1993 - Jan 2026
Total Exports to China (USD mn) 6.014 Jan 2026 monthly Nov 2010 - Jan 2026
Total Imports from China (USD mn) 385.946 Jan 2026 monthly Mar 1997 - Jan 2026
Exports Index: FOB (Same Qtr PY=100) 87.403 Dec 2025 quarterly Mar 1998 - Dec 2025
Exports: FOB: Non CIS States: Indonesia (USD th) 179,802.600 2024 yearly 1998 - 2024
Exports: FOB: Non CIS States: France (USD th) 96,304.100 2024 yearly 1992 - 2024
Exports: FOB: Non CIS States: Israel (USD th) 733,528.200 2024 yearly 1992 - 2024
Exports: FOB: Non CIS States: United States of America (USD th) 135,030.900 2024 yearly 1992 - 2024
Exports: FOB: Non CIS States: Italy (USD th) 10,875,130.200 2024 yearly 1992 - 2024
Exports: SITC: Other Chemical Products (USD th) 657,227.300 2024 yearly 1996 - 2024
Exports: SITC: Food and Live Animals (USD th) 940,069.100 2024 yearly 1996 - 2024
Exports: SITC: Manufactured Goods by Material (USD th) 513,911.200 2024 yearly 1996 - 2024
Exports: SITC: Animal and Vegetable Oils, Fats and Waxes (USD th) 20,258.700 2024 yearly 1996 - 2024
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (USD th) 23,361,867.700 2024 yearly 1996 - 2024
Imports Index: FOB (Same Qtr PY=100) 103.954 Dec 2025 quarterly Mar 1998 - Dec 2025
Imports: CIF: Non CIS States: Turkey (USD th) 2,310,774.000 2024 yearly 1992 - 2024
Imports: CIF: CIS States: Russian Federation (USD th) 3,621,472.200 2024 yearly 1992 - 2024
Imports: CIF: Non CIS States: Germany (USD th) 825,711.500 2024 yearly 1992 - 2024
Imports: CIF: Non CIS States: China (USD th) 3,725,054.100 2024 yearly 1992 - 2024
Imports: CIF: CIS States: Ukraine (USD th) 282,377.700 2024 yearly 1992 - 2024
Imports: SITC: Other Chemical Products (USD th) 1,881,278.800 2024 yearly 1996 - 2024
Imports: SITC: Manufactured Goods by Material (USD th) 2,858,416.900 2024 yearly 1996 - 2024
Imports: SITC: Food and Live Animals (USD th) 2,369,314.300 2024 yearly 1996 - 2024
Imports: SITC: Other Manufactured Articles (USD th) 1,674,384.100 2024 yearly 1996 - 2024
Imports: SITC: Crude Materials, Inedible, except Fuels (USD th) 416,265.900 2024 yearly 1996 - 2024
Energy Exports: Natural Gas (Cub m mn) 26,085.500 2024 yearly 2007 - 2024
Energy Exports: Crude Oil (Tonne th) 24,407.300 2024 yearly 2007 - 2024
Energy Imports: Crude Oil (Tonne th) 1,524.800 2024 yearly 2009 - 2024
Energy Imports: Natural Gas (Cub m mn) 2,109.900 2017 yearly 2016 - 2017
Export Volume Index (2015=100) 140.000 2023 yearly 2000 - 2023
Import Volume Index (2015=100) 150.700 2023 yearly 2000 - 2023
Import Value Index (2015=100) 191.600 2023 yearly 1995 - 2023
Export Value Index (2015=100) 206.800 2023 yearly 1995 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -12.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Current Account Balance (USD mn) 474.8 Dec 2025 quarterly Mar 2013 - Dec 2025
Current Account Balance: % of GDP (%) 2.4 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Direct Investment (USD mn) 229.0 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment (USD mn) 5.632 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 0.0 Dec 2025 quarterly Mar 2013 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2025 quarterly Mar 2003 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 5.632 Dec 2025 quarterly Mar 2003 - Dec 2025
External Debt (USD mn) 4,813.5 Dec 2025 quarterly Dec 2001 - Dec 2025
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) 0.634 2031 yearly 1992 - 2031
BoP: ytd: Financial Account: Net Liabilities: Direct Investment (DI) (USD mn) -76.246 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Capital Account (USD mn) -7.904 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Transfers: Credit (USD mn) 1,410.029 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Debit (USD mn) 33,506.783 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Services (USD mn) -1,659.162 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Transfers: Debit (USD mn) 667.891 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Capital Account: Credit (USD mn) 0.409 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Income (USD mn) -1,986.480 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Credit (USD mn) 36,981.837 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Liabilities: Portfolio Investment (USD mn) -28.071 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Income: Debit (USD mn) 4,888.226 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Balancing Item (USD mn) 52.512 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Reserve Assets: Flow (USD mn) -1,444.194 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Capital Account: Debit (USD mn) 8.313 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Assets: Portfolio Investment (USD mn) 1,862.448 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Goods (USD mn) 6,378.558 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Liabilities: Other Investment (OI) (USD mn) 52.821 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Income: Credit (USD mn) 2,901.746 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Liabilities (USD mn) 398.937 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Transfers (USD mn) 742.138 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Services: Debit (USD mn) 10,254.626 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Goods: Credit (USD mn) 24,074.598 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Assets: Direct Investment (DI) (USD mn) 910.202 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Assets (USD mn) 5,362.793 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Assets: Other Investment (OI) (USD mn) 2,590.143 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Services: Credit (USD mn) 8,595.464 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Current Account: Goods: Debit (USD mn) 17,696.040 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Liabilities: DI: in Azerbaijan (USD mn) 6,596.000 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: ytd: Financial Account: Net Liabilities: DI: Investment Repatriation (USD mn) -6,672.000 Dec 2025 quarterly Mar 2013 - Dec 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
AZ: BOP: Current Account: Personal Remittances: Paid (USD mn) 663.698 2024 yearly 1995 - 2024
AZ: BOP: Current Account: Personal Remittances: Received (USD mn) 1,351.678 2024 yearly 1995 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.8 Jun 2025 quarterly Dec 2009 - Jun 2025
Household Debt: % of GDP (%) 14.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Money Supply M1 (USD mn) 18,525.593 Mar 2026 monthly Dec 1995 - Mar 2026
Money Supply M2 (USD mn) 23,529.702 Mar 2026 monthly Dec 1995 - Mar 2026
M2 Growth (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Reserve Requirement Ratio (%) 5.0 Mar 2026 monthly May 1993 - Mar 2026
Foreign Exchange Reserves (USD mn) 13,843.6 Apr 2026 monthly Dec 1992 - Apr 2026
Foreign Exchange Reserves: % of GDP (%) 17.002 Dec 2025 quarterly Dec 2001 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 10.1 Feb 2026 monthly Mar 1994 - Feb 2026
Gold Reserves (USD mn) 0.000 Apr 2026 monthly Dec 1992 - Apr 2026
Total Deposits (USD mn) 18,597.405 Mar 2026 monthly Jan 2005 - Mar 2026
Total Deposits Growth (%) 3.1 Mar 2026 monthly Jan 2006 - Mar 2026
Domestic Credit (USD mn) 23,452.3 Feb 2026 monthly Dec 2001 - Feb 2026
Domestic Credit Growth (%) 20.0 Feb 2026 monthly Dec 2002 - Feb 2026
Household Debt (USD mn) 11,389.2 Mar 2026 monthly Jan 2005 - Mar 2026
Total Loans (USD mn) 19,007.616 Mar 2026 monthly Dec 2004 - Mar 2026
Total Loans Growth (%) 8.87 Mar 2026 monthly Dec 2005 - Mar 2026
Private Debt: % of Nominal GDP (%) 22.84 Dec 2025 quarterly Dec 2001 - Dec 2025
Monetary Aggregates: M1 (AZN mn) 31,493.508 Mar 2026 monthly Dec 2002 - Mar 2026
Monetary Aggregates: M1: Cash Outside Banks (AZN mn) 18,362.825 Mar 2026 monthly Dec 2002 - Mar 2026
Monetary Aggregates: M3 (AZN mn) 49,979.353 Mar 2026 monthly Dec 2002 - Mar 2026
Monetary Aggregates: M2 (AZN mn) 40,000.494 Mar 2026 monthly Dec 2002 - Mar 2026
Official Foreign Reserves (USD mn) 11,656.789 Mar 2026 monthly Jan 2005 - Mar 2026
Deposits: Outstanding Amounts (AZN mn) 41,660.154 Mar 2026 monthly Dec 2004 - Mar 2026
Loans: Outstanding Amounts (AZN mn) 32,312.948 Mar 2026 monthly Dec 2004 - Mar 2026
Loans: Outstanding Amounts: Households (AZN mn) 19,361.559 Mar 2026 monthly Jan 2005 - Mar 2026

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