Azerbaijan Household Debt: % of GDP

Key information about Azerbaijan Household Debt: % of GDP

• Azerbaijan household debt accounted for 11.4 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 10.6 % in the previous quarter.
• Azerbaijan household debt to GDP ratio is updated quarterly, available from Mar 2005 to Dec 2023.
• The data reached an all-time high of 15.4 % in Dec 2015 and a record low of 3.1 % in Sep 2005.

• In the latest reports, Azerbaijan Household Debt reached 8.4 USD bn in Feb 2024.
• Money Supply M2 in Azerbaijan increased 19.7 % YoY in May 2023.
• Azerbaijan Foreign Exchange Reserves was measured at 12.6 USD bn in Jan 2024.
• The Foreign Exchange Reserves equaled 11.1 Months of Import in Jan 2024.
• Azerbaijan Domestic Credit reached 17.8 USD bn in Jan 2024, representing an increased of 2.5 % YoY.
• The country's Non Performing Loans Ratio stood at 5.9 % in Mar 2015, compared with the ratio of 5.3 % in the previous quarter.

View Azerbaijan's Household Debt: % of GDP from Mar 2005 to Dec 2023 in the chart:

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What was Azerbaijan's Household Debt: % of GDP in Dec 2023?

Azerbaijan household debt accounted for 11.4 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 10.6 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

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