Debt service as a share of exports of good and services in Azerbaijan
Azerbaijan: Debt service as a share of exports of good and services was 4.1% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Azerbaijan, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Azerbaijan is 4.1%, measured in 2023.
Compared with earlier readings it is up 41.1% on the previous year and up 79.1% over ten years.
Over the whole period, debt service as a share of exports of good and services in Azerbaijan peaked at 8.0% in 2020 and was at its lowest, 0.8%, in 2008.
That places Azerbaijan 92nd out of 116 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Azerbaijan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.5% | — |
| 2001 | 5.0% | -9.7% |
| 2002 | 4.6% | -9.0% |
| 2003 | 5.4% | +17.5% |
| 2004 | 3.3% | -39.0% |
| 2005 | 1.6% | -51.7% |
| 2006 | 1.0% | -34.8% |
| 2007 | 0.8% | -22.3% |
| 2008 | 0.8% | -2.5% |
| 2009 | 1.2% | +59.0% |
| 2010 | 1.1% | -12.1% |
| 2011 | 0.9% | -13.8% |
| 2012 | 1.0% | +9.6% |
| 2013 | 2.3% | +123.3% |
| 2014 | 2.0% | -11.3% |
| 2015 | 3.7% | +82.8% |
| 2016 | 5.4% | +44.2% |
| 2017 | 7.5% | +40.1% |
| 2018 | 7.8% | +2.8% |
| 2019 | 6.1% | -21.4% |
| 2020 | 8.0% | +31.0% |
| 2021 | 6.6% | -16.9% |
| 2022 | 2.9% | -56.0% |
| 2023 | 4.1% | +41.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 0.8% | 5.5% | 10 |
| 2010s | 3.8% | 0.9% | 7.8% | 10 |
| 2020s | 5.4% | 2.9% | 8.0% | 4 |
Countries ranked near Azerbaijan
- 89 Saint Lucia 4.3% compare
- 90 Eswatini 4.3% compare
- 91 Burkina Faso 4.1% compare
- 92 Mexico 4.1% compare
- 94 Iraq 3.9% compare
- 95 Papua New Guinea 3.8% compare
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Azerbaijan?
- Debt service as a share of exports of good and services in Azerbaijan was 4.1% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Azerbaijan?
- The highest recorded value was 8.0% in 2020.
- What is the lowest debt service as a share of exports of good and services recorded in Azerbaijan?
- The lowest recorded value was 0.8% in 2008.
- How does Azerbaijan rank for debt service as a share of exports of good and services?
- Azerbaijan ranks 92nd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Azerbaijan?
- Over the last ten years it is up 79.1%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).