Azerbaijan recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. source: World Bank

Government Debt to GDP in Azerbaijan averaged 21.06 percent from 1995 until 2018, reaching an all time high of 54.10 percent in 2017 and a record low of 7.30 percent in 2008. This page provides - Azerbaijan Government Debt To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Azerbaijan is expected to reach 50.10 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Government Debt to GDP is projected to trend around 53.40 percent in 2021, according to our econometric models.

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Azerbaijan Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
48.40 54.10 54.10 7.30 1995 - 2018 percent Yearly

Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 54.10 54.10 7.30 percent [+]
Government Budget -0.30 -0.40 0.90 -1.60 percent of GDP [+]
Government Revenues 24673.10 22241.10 24673.10 973.00 AZN Million [+]
Fiscal Expenditure 26417.10 22162.70 26417.10 241.50 AZN Million [+]
Military Expenditure 1624.00 1529.00 2183.00 104.00 USD Million [+]
Government Budget Value 1744.00 78.40 2556.10 -1186.00 AZN Million [+]
Government Spending 2749.00 2574.80 2749.00 146.50 AZN Million [+]
Government Spending To GDP 29.90 28.50 33.20 15.20 percent of GDP [+]
Credit Rating 48.00 [+]


Azerbaijan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.