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MacroAzerbaijan

Government debt in Azerbaijan

How indebted is the state my taxes would go to?

Azerbaijan's government debt is 20.10 % — #7 of 124 countries on the atlas (lower is better). Period 2025.

20.10%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.2 years' worth of the country's entire economic output.

Government debt in Azerbaijan over time

26.30 %14.75 %3.20 %26.30 % · 20213.20 % · 20081995: 19.20 %1996: 16.70 %1997: 11.40 %1998: 14.30 %1999: 25.40 %2000: 13.10 %2001: 13.00 %2002: 11.90 %2003: 10.70 %2004: 9.70 %2005: 6.90 %2006: 5.30 %2007: 4.00 %2008: 3.20 %2009: 4.70 %2010: 5.00 %2011: 5.00 %2012: 5.80 %2013: 6.20 %2014: 8.50 %2015: 18.00 %2016: 20.60 %2017: 22.50 %2018: 18.70 %2019: 17.70 %2020: 21.30 %2021: 26.30 %2022: 17.30 %2023: 21.80 %2024: 21.60 %2025: 20.10 %19952010202520.10 %
31 official observations, 1995 → 2025. Every point is a published value — never interpolated.
Rank
#7 of 124
lower is better
Ranked behind
94 %
117 of 124 countries
Latest move
▼ 1.50 pp
since 2024
Below its peak
6.20 pp
peak 26.30 % in 2021
Full series
▲ 0.90 pp
since 1995

In Asia: #4 of 37vs median 54.55 %: −34.45 pp (better)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Azerbaijan: ahead of 94 % of the 124 countries with a published government debtAzerbaijan 20.10 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Azerbaijan is ahead of 94 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Azerbaijan
5 Russia17.20 %−2.90 pp
6 Puerto Rico18.00 %−2.10 pp
7 Azerbaijan20.10 %—
8 Tajikistan21.60 %+1.50 pp
9 Taiwan22.40 %+2.30 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Azerbaijan

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Azerbaijan with another country →Everything about Azerbaijan →
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