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Government debt

Azerbaijan

Azerbaijan. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202520.1%History / IMF estimates
Debt, US$ bn · 202515.3History / IMF estimates
Per person, US$ · 20251,472History / IMF estimates
GDP, US$ bn · 202575.9History / IMF estimates

What the figures show

History / IMF estimates

Azerbaijan: IMF data and estimates put government debt at 20.1% of GDP in 2025. The derived debt amount is US$ 15.3 billion.

  • The debt-to-GDP ratio is 1.5 percentage points below its 2024 level.
  • This is below the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 2.1 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time0132538502000200520102015202020252031Azerbaijan · 2000: 13.1% — History / IMF estimatesAzerbaijan · 2001: 13.0% — History / IMF estimatesAzerbaijan · 2002: 11.9% — History / IMF estimatesAzerbaijan · 2003: 10.7% — History / IMF estimatesAzerbaijan · 2004: 9.7% — History / IMF estimatesAzerbaijan · 2005: 6.9% — History / IMF estimatesAzerbaijan · 2006: 5.3% — History / IMF estimatesAzerbaijan · 2007: 4.0% — History / IMF estimatesAzerbaijan · 2008: 3.2% — History / IMF estimatesAzerbaijan · 2009: 4.7% — History / IMF estimatesAzerbaijan · 2010: 5.0% — History / IMF estimatesAzerbaijan · 2011: 5.0% — History / IMF estimatesAzerbaijan · 2012: 5.8% — History / IMF estimatesAzerbaijan · 2013: 6.2% — History / IMF estimatesAzerbaijan · 2014: 8.5% — History / IMF estimatesAzerbaijan · 2015: 18.0% — History / IMF estimatesAzerbaijan · 2016: 20.6% — History / IMF estimatesAzerbaijan · 2017: 22.5% — History / IMF estimatesAzerbaijan · 2018: 18.7% — History / IMF estimatesAzerbaijan · 2019: 17.7% — History / IMF estimatesAzerbaijan · 2020: 21.3% — History / IMF estimatesAzerbaijan · 2021: 26.3% — History / IMF estimatesAzerbaijan · 2022: 17.3% — History / IMF estimatesAzerbaijan · 2023: 21.8% — History / IMF estimatesAzerbaijan · 2024: 21.6% — History / IMF estimatesAzerbaijan · 2025: 20.1% — History / IMF estimatesAzerbaijan · 2026: 16.5% — IMF estimate / projectionAzerbaijan · 2027: 16.4% — IMF projectionAzerbaijan · 2028: 16.5% — IMF projectionAzerbaijan · 2029: 16.5% — IMF projectionAzerbaijan · 2030: 16.6% — IMF projectionAzerbaijan · 2031: 16.7% — IMF projection
Chart data table
YearAzerbaijan (%)Source
203116.7IMF projection
203016.6IMF projection
202916.5IMF projection
202816.5IMF projection
202716.4IMF projection
202616.5IMF estimate / projection
202520.1History / IMF estimates
202421.6History / IMF estimates
202321.8History / IMF estimates
202217.3History / IMF estimates
202126.3History / IMF estimates
202021.3History / IMF estimates
201917.7History / IMF estimates
201818.7History / IMF estimates
201722.5History / IMF estimates
201620.6History / IMF estimates
201518.0History / IMF estimates
20148.5History / IMF estimates
20136.2History / IMF estimates
20125.8History / IMF estimates
20115.0History / IMF estimates
20105.0History / IMF estimates
20094.7History / IMF estimates
20083.2History / IMF estimates
20074.0History / IMF estimates
20065.3History / IMF estimates
20056.9History / IMF estimates
20049.7History / IMF estimates
200310.7History / IMF estimates
200211.9History / IMF estimates
200113.0History / IMF estimates
200013.1History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data