Azerbaijan recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018.
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 August of 2020.
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.