Azerbaijan Debt to GDP Ratio 2008-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Azerbaijan debt to gdp ratio for 2021 was 16.82%, a 5.37% decline from 2020.
  • Azerbaijan debt to gdp ratio for 2020 was 22.19%, a 15.8% increase from 2010.
  • Azerbaijan debt to gdp ratio for 2010 was 6.39%, a 0.09% increase from 2009.
  • Azerbaijan debt to gdp ratio for 2009 was 6.30%, a 1.72% increase from 2008.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Brazil 86.10%
Albania 82.38%
Colombia 79.78%
South Africa 75.62%
Malaysia 63.40%
Armenia 60.16%
Thailand 58.56%
Romania 55.65%
Bosnia 47.02%
Mexico 46.29%
Turkey 42.73%
Peru 35.66%
Bulgaria 32.81%
Kazakhstan 22.41%
Russia 20.94%
Azerbaijan 16.82%
Azerbaijan Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 16.82% -5.37%
2020 22.19% 15.80%
2010 6.39% 0.09%
2009 6.30% 1.72%
2008 4.58% 1.72%