Azerbaijan recorded a Government Debt to GDP of 20.10 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Azerbaijan averaged 15.17 percent of GDP from 1995 until 2025, reaching an all time high of 26.30 percent of GDP in 2021 and a record low of 3.20 percent of GDP in 2008. source: International Monetary Fund

Government Debt to GDP in Azerbaijan is expected to reach 20.00 percent of GDP by the end of 2026, 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 20.70 percent of GDP in 2027 and 21.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 53.00 May 2026
Fiscal Expenditure 7817.10 4643.10 AZN Million Mar 2026
Government Budget 0.40 -0.40 percent of GDP Dec 2025
Government Budget Value 1781.90 1668.40 AZN Million Mar 2026
Government Debt to GDP 20.10 21.60 percent of GDP Dec 2025
Government Revenues 9599.00 6311.50 AZN Million Mar 2026
Government Spending 5584.20 4904.80 AZN Million Dec 2025
Government Spending to GDP 29.90 29.90 percent of GDP Dec 2025
Holidays
Military Expenditure 4939.00 3777.10 USD Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
20.10 21.60 26.30 3.20 1995 - 2025 percent of GDP Yearly