Azerbaijan External Debt: % of GDP
2001 - 2021 | Quarterly | % | Ministry of Finance of the Republic of Azerbajan
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 1.7 USD bn in Mar 2024.
- Foreign Direct Investment (FDI) fell by 569.8 USD mn in Dec 2023.
- Azerbaijan Direct Investment Abroad fell by 11.9 USD mn in Mar 2024.
- Its Foreign Portfolio Investment fell by 898.8 USD mn in Mar 2024.
- The country's External Debt reached 8,135.7 in Dec 2021.
- The country's Nominal GDP was reported at 21.0 USD bn in Dec 2022.
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 (%) | 45.9 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 1.3 2023 | yearly | 1970 - 2023 |
| Argentina (%) | 45.3 2023 | yearly | 1994 - 2023 |
| Armenia (%) | 64.2 2023 | yearly | 2000 - 2023 |
| Australia (%) | 109.2 2023 | yearly | 1988 - 2023 |
| Austria (%) | 135.0 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 51.1 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Belgium (%) | 231.5 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 35.0 2023 | yearly | 2006 - 2023 |
| Bosnia and Herzegovina (%) | 18.1 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 7.3 2023 | yearly | 1995 - 2023 |
| Brazil (%) | 27.7 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 47.6 2023 | yearly | 1999 - 2023 |
| Cambodia (%) | 56.7 2022 | yearly | 2010 - 2022 |
| Canada (%) | 139.5 2023 | yearly | 1990 - 2023 |
| Chile (%) | 71.7 2023 | yearly | 1971 - 2023 |
| China (%) | 13.7 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 53.7 2023 | yearly | 1970 - 2023 |
| Croatia (%) | 73.5 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 828.3 2023 | yearly | 2004 - 2023 |
| Czech Republic (%) | 61.7 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 132.3 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 49.6 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 39.8 Mar 2024 | quarterly | Jun 1999 - Mar 2024 |
| Estonia (%) | 89.2 2023 | yearly | 1996 - 2023 |
| European Union (%) | 111.2 2023 | yearly | 2008 - 2023 |
| Finland (%) | 215.3 2023 | yearly | 1991 - 2023 |
| France (%) | 244.9 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 80.2 2023 | yearly | 1999 - 2023 |
| Germany (%) | 146.1 2023 | yearly | 1999 - 2023 |
| Ghana (%) | 39.5 2023 | yearly | 1999 - 2023 |
| Greece (%) | 246.0 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 481.7 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 128.8 2023 | yearly | 2006 - 2023 |
| Iceland (%) | 75.5 2023 | yearly | 1989 - 2023 |
| India (%) | 18.9 2023 | yearly | 1970 - 2023 |
| Indonesia (%) | 29.8 2023 | yearly | 2003 - 2023 |
| Iran (%) | 0.3 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 556.6 2023 | yearly | 2002 - 2023 |
| Israel (%) | 28.4 2023 | yearly | 1998 - 2023 |
| Italy (%) | 129.0 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 31.4 2021 | yearly | 1994 - 2021 |
| Japan (%) | 107.5 2023 | yearly | 2003 - 2023 |
| Jordan (%) | 80.7 2023 | yearly | 1970 - 2023 |
| Kazakhstan (%) | 60.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Kenya (%) | 40.3 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 36.6 2023 | yearly | 1994 - 2023 |
| Kosovo (%) | 39.6 2023 | yearly | 2007 - 2023 |
| Kuwait (%) | 39.4 2023 | yearly | 2014 - 2023 |
| Kyrgyzstan (%) | 72.3 2023 | yearly | 2003 - 2023 |
| Laos (%) | 74.2 2023 | yearly | 1996 - 2023 |
| Latvia (%) | 106.8 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Lebanon (%) | 21.2 2021 | yearly | 2007 - 2021 |
| Lithuania (%) | 69.2 2023 | yearly | 1996 - 2023 |
| Luxembourg (%) | 4,446.8 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 83.2 2023 | yearly | 2004 - 2023 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.2 2023 | yearly | 2009 - 2023 |
| Malta (%) | 858.8 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 1,315.2 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 33.0 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 63.3 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 170.1 2023 | yearly | 1992 - 2023 |
| Montenegro (%) | 141.5 2022 | yearly | 2006 - 2022 |
| Morocco (%) | 50.9 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 71.7 2020 | yearly | 1985 - 2020 |
| Myanmar (%) | 16.7 2020 | yearly | 2018 - 2020 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 373.8 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 88.0 2023 | yearly | 1993 - 2023 |
| Nigeria (%) | 11.9 2023 | yearly | 1985 - 2023 |
| Norway (%) | 148.1 2023 | yearly | 2003 - 2023 |
| Pakistan (%) | 35.0 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | 12.2 2023 | yearly | 2012 - 2023 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 55.7 2023 | yearly | 2000 - 2023 |
| Peru (%) | 39.3 2023 | yearly | 1980 - 2023 |
| Philippines (%) | 28.7 2023 | yearly | 1990 - 2023 |
| Poland (%) | 49.6 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 150.4 2023 | yearly | 1996 - 2023 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 51.9 2023 | yearly | 1995 - 2023 |
| Russia (%) | 15.7 2023 | yearly | 1993 - 2023 |
| Serbia (%) | 65.3 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 391.1 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 96.0 2023 | yearly | 1995 - 2023 |
| Slovenia (%) | 90.4 2023 | yearly | 2001 - 2023 |
| South Africa (%) | 41.5 2023 | yearly | 1985 - 2023 |
| Spain (%) | 163.6 2023 | yearly | 1995 - 2023 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 169.1 2023 | yearly | 1997 - 2023 |
| Switzerland (%) | 236.4 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 27.3 2023 | yearly | 1999 - 2023 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 37.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Tunisia (%) | 90.4 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 45.2 2023 | yearly | 1989 - 2023 |
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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) | 2,020.176 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Tax Revenue (USD mn) | 12,978.324 2023 | yearly | 1993 - 2023 |
| Tax Revenue: % of GDP (%) | 17.9 2023 | yearly | 1993 - 2023 |
| National Government Debt (USD mn) | 9,248.2 2021 | yearly | 2008 - 2021 |
| Government Debt: % of GDP (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Forecast: Government Expenditure (AZN bn) | 46.605 2029 | yearly | 1994 - 2029 |
| Forecast: Government Net Debt (AZN bn) | 27.493 2029 | yearly | 1995 - 2029 |
| Forecast: Government Revenue (AZN bn) | 45.680 2029 | yearly | 1994 - 2029 |
| Government Revenue: Taxes (AZN mn) | 10,587.300 2018 | yearly | 1991 - 2018 |
| Government Expenditure: ytd (AZN mn) | 28,108.200 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Government Revenue: ytd (AZN mn) | 31,542.500 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Government Balance: ytd (AZN mn) | 3,434.300 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
| Household Debt: % of GDP (%) | 11.9 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Money Supply M1 (USD mn) | 16,133.171 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| Money Supply M2 (USD mn) | 20,367.627 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| M2 Growth (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Reserve Requirement Ratio (%) | 5.0 Sep 2024 | monthly | May 1993 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 13,012.0 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 17.952 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.9 Sep 2024 | monthly | Mar 1994 - Sep 2024 |
| Gold Reserves (USD mn) | 0.000 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Total Deposits (USD mn) | 16,883.636 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Total Deposits Growth (%) | 2.7 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Domestic Credit (USD mn) | 20,502.0 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Domestic Credit Growth (%) | 0.4 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Household Debt (USD mn) | 9,763.4 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Total Loans (USD mn) | 16,928.924 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Total Loans Growth (%) | 24.07 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 22.79 Mar 2024 | quarterly | Dec 2001 - Mar 2024 |
| Monetary Aggregates: M1 (AZN mn) | 27,426.391 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M1: Cash Outside Banks (AZN mn) | 15,748.482 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M3 (AZN mn) | 44,452.631 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Monetary Aggregates: M2 (AZN mn) | 34,624.966 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Official Foreign Reserves (USD mn) | 11,371.700 Oct 2024 | monthly | Dec 2006 - Oct 2024 |
| Deposits: Outstanding Amounts (AZN mn) | 37,022.114 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Loans: Outstanding Amounts (AZN mn) | 28,779.170 Oct 2024 | monthly | Dec 2004 - Oct 2024 |
| Loans: Outstanding Amounts: Households (AZN mn) | 16,597.765 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
More Indicators for Azerbaijan
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Balance of Payments
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BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: International Investment Position: Annual
Company Statistics
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Terms and Undisbursed Debt
Industrial Enterprises Assets
Investment Statistics
Balance of Payments: BPM6
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
Businesses Registered Statistics
Current Account as % of GDP
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Net Flows and Net Transfers
Foreign Investment
International Investment Position