Government Debt to GDP in Azerbaijan increased to 20.10 percent in 2020 from 17.70 percent in 2019. source: International Monetary Fund

Government Debt to GDP in Azerbaijan averaged 13.92 percent from 1995 until 2020, reaching an all time high of 25.40 percent in 1999 and a record low of 3.20 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 July of 2021.

Government Debt to GDP in Azerbaijan is expected to reach 53.40 percent of GDP by the end of 2021, 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 of GDP in 2022, according to our econometric models.

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Azerbaijan Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
20.10 17.70 25.40 3.20 1995 - 2020 percent of GDP Yearly

Azerbaijan Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.10 17.70 25.40 3.20 percent of GDP [+]
Government Budget -2.40 -0.30 0.90 -2.40 percent of GDP [+]
Government Revenues 11755.00 9735.20 24673.10 127.10 AZN Million [+]
Fiscal Expenditure 11590.50 9366.30 26417.10 43.30 AZN Million [+]
Government Spending 3451.40 2749.00 3451.40 146.50 AZN Million [+]
Government Spending To GDP 36.50 29.90 36.50 15.20 percent of GDP [+]
Government Budget Value 368.90 706.60 2556.10 -1744.00 AZN Million [+]
Credit Rating 48.00 [+]
Military Expenditure 2173.00 1854.00 2330.00 78.00 USD Million [+]


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.