Azerbaijan Household Debt: % of GDP

Key information about Azerbaijan Household Debt: % of GDP

• Azerbaijan household debt accounted for 13.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 12.5 % in the previous quarter.
• Azerbaijan household debt to GDP ratio is updated quarterly, available from Mar 2005 to Sep 2024.
• The data reached an all-time high of 15.4 % in Dec 2015 and a record low of 3.1 % in Sep 2005.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Central Bank of the Republic of Azerbaijan provides Household Debt in local currency. The State Statistical Committee of the Republic of Azerbaijan provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about Azerbaijan Household Debt: % of GDP

• In the latest reports, Azerbaijan Household Debt reached 10.0 USD bn in Dec 2024.
• Money Supply M2 in Azerbaijan increased 19.7 % YoY in May 2023.
• Azerbaijan Foreign Exchange Reserves was measured at 12.1 USD bn in Nov 2024.
• The Foreign Exchange Reserves equaled 5.7 Months of Import in Nov 2024.
• Azerbaijan Domestic Credit reached 19.8 USD bn in Oct 2024, representing an drop of 1.0 % 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 Sep 2024 in the chart:

What was Azerbaijan's Household Debt: % of GDP in Sep 2024?

Azerbaijan household debt accounted for 13.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 12.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
13.1 Sep 2024	12.5 Jun 2024	3.1 Sep 2005	15.4 Dec 2015	%	quarterly	Mar 2005 - Sep 2024

Household Debt: % of GDP by Country Comparison

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